Retirement plan

JAMES W. NORMAN 401(K) PLAN

Name: JAMES W. NORMAN - JAMES W. NORMAN 401(K) PLAN (2024) Form 5500
Creator: JAMES W. NORMAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMES W. NORMAN 401(K) PLAN, JAMES W. NORMAN

JAMES W. NORMANEIN 01-0951536Plan #001PY 2024

5225 SE 39TH LOOP - OCALA, FL 344800638352-368-1924

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.3M

+6.1% from 2023

Total participants

0.0% from 2023

Average account balance

No prior year

Annual return

6.24%

+2.00 pp from 2023

Benchmarks

See 22,321 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,321 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.26M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$1.3M

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$48K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.24%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$50K

$49829 / participant

Other / not subdivided$50K100.0%

% of EOY assets

3.967%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,785-100.0%

$93,669-100.0%

$145,877-100.0%

Participation rate

0.0%

74.2%-74.2pp

68.7%-68.7pp

80.3%-80.3pp

Annual return

6.24%

203.79%-197.5pp

133.59%-127.3pp

551.28%-545.0pp

Employer contribution / active EE

$17,705

$3,096+471.9%

$2,424+630.5%

$4,663+279.7%

Participant deferral / active EE

$30,500

$4,919+520.1%

$4,416+590.7%

$6,691+355.9%

Admin fee / account holder

$10,256-100.0%

$8,291-100.0%

$13,402-100.0%

JAMES W. NORMAN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMES W. NORMAN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion