Retirement plan

EDGE PORTFOLIO MANAGEMENT, LLC 401(K) AND PROFIT SHARING PLAN

Name: EDGE FINANCIAL ADVISORS, LLC - EDGE PORTFOLIO MANAGEMENT, LLC 401(K) AND PROFIT SHARING PLAN (2022) Form 5500
Creator: EDGE FINANCIAL ADVISORS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDGE PORTFOLIO MANAGEMENT, LLC 401(K) AND PROFIT SHARING PLAN, EDGE FINANCIAL ADVISORS, LLC

EDGE FINANCIAL ADVISORS, LLCEIN 03-0567580Plan #001PY 2022

1776 S. NAPERVILLE- SUITE 102A - WHEATON, IL 60189630-221-1000edgefa.comLinkedIn1-10 employeesinvestment management

Other plans on this EIN

1 filing

#002Retirement-$512K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+80.5% from 2021

Total participants

0.0% from 2021

Average account balance

$176,462

+80.5% from 2021

Annual return

70.45%

+59.60 pp from 2021

Benchmarks

See 35,205 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,205 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.25M

Not enough data

1 years with asset history on file

Average account balance

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

$250K

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

1 years with headcount on file

Eligible Participants and Participation

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

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+10.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7055

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 codes2E2F2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$176,462

$167,533+5.3%

$151,645+16.4%

$134,545+31.2%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

70.45%

7.81%+62.6pp

3.34%+67.1pp

418.37%-347.9pp

Employer contribution / active EE

$5,834

$6,828-14.6%

$6,165-5.4%

$4,742+23.0%

Participant deferral / active EE

$11,900

$8,985+32.4%

$8,363+42.3%

$6,401+85.9%

Admin fee / account holder

$13,781-100.0%

$11,614-100.0%

$11,431-100.0%

EDGE PORTFOLIO MANAGEMENT, LLC 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

EDGE PORTFOLIO MANAGEMENT, LLC 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion