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 (2023) 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 2023

111 W. WESLEY ST SUITE1 - WHEATON, IL 60187630-221-1000edgefa.comLinkedIn1-10 employeesinvestment management

Other plans on this EIN

1 filing

#002Retirement-$819K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+23.8% from 2022

Total participants

0.0% from 2022

Average account balance

$245,743

+39.3% from 2022

Annual return

16.76%

-53.69 pp from 2022

Benchmarks

See 36,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,154 peers

Snapshot2023

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).

Expense breakdown

Schedule H Part II

Admin total

$156

$26 / participant

Other / not subdivided$156100.0%

% of EOY assets

0.008%

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

$245,743

$185,905+32.2%

$170,057+44.5%

$139,487+76.2%

Participation rate

83.3%

87.8%-4.4pp

87.0%-3.7pp

80.3%+3.0pp

Annual return

16.76%

60.56%-43.8pp

53.42%-36.7pp

373.84%-357.1pp

Employer contribution / active EE

$6,854

$7,597-9.8%

$6,790+0.9%

$4,755+44.1%

Participant deferral / active EE

$11,750

$11,627+1.1%

$10,411+12.9%

$6,713+75.0%

Admin fee / account holder

$20

$15,397-99.9%

$12,826-99.8%

$11,407-99.8%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

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