Retirement plan

HELLMAN JORDAN MANAGEMENT COMPANY, INC PROFIT SHARING AND 401(K) PLAN

Name: HELLMAN JORDAN MANAGEMENT COMPANY INC - HELLMAN JORDAN MANAGEMENT COMPANY, INC PROFIT SHARING AND 401(K) PLAN (2024) Form 5500
Creator: HELLMAN JORDAN MANAGEMENT COMPANY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HELLMAN JORDAN MANAGEMENT COMPANY, INC PROFIT SHARING AND 401(K) PLAN, HELLMAN JORDAN MANAGEMENT COMPANY INC

HELLMAN JORDAN MANAGEMENT COMPANY INCEIN 04-2651428Plan #001PY 2024

21 MAYOR THOMAS MCGRATH HIGHWAY, SUITE 204 - QUINCY, MA 02169617-261-9800hellmanjordan.comLinkedIn11-50 employeesfinancial services

Prospect flagsHigh retiree %Low returnsHigh feesHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$76.6M

+6.1% from 2023

Total participants

0.0% from 2023

Average account balance

$6,380,891

+6.1% from 2023

Annual return

9.35%

-5.92 pp from 2023

Benchmarks

See 37,087 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,087 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$76.57M

Not enough data

1 years with asset history on file

Average account balance

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

$6.4M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$215209

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 codes2E2G2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

5 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$2.6M

$368929 / participant

Other / not subdivided$3M100.0%

% of EOY assets

3.373%

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

$6,380,891

$201,372+3068.7%

$184,260+3363.0%

$145,884+4274.0%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

9.35%

29.04%-19.7pp

28.84%-19.5pp

551.85%-542.5pp

Employer contribution / active EE

$7,024-100.0%

$6,427-100.0%

$4,662-100.0%

Participant deferral / active EE

$3,629

$9,808-63.0%

$9,133-60.3%

$6,690-45.8%

Admin fee / account holder

$215,209

$16,362+1215.3%

$13,898+1448.5%

$13,392+1507.0%

HELLMAN JORDAN MANAGEMENT COMPANY, INC PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HELLMAN JORDAN MANAGEMENT COMPANY, INC PROFIT SHARING AND 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