Retirement plan

SCHWERIN BOYLE CAPITAL MANAGEMENT, INC. 401(K) PLAN AND TRUST

Name: SCHWERIN BOYLE CAPITAL MANAGEMENT, INC. - SCHWERIN BOYLE CAPITAL MANAGEMENT, INC. 401(K) PLAN AND TRUST (2024) Form 5500
Creator: SCHWERIN BOYLE CAPITAL MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHWERIN BOYLE CAPITAL MANAGEMENT, INC. 401(K) PLAN AND TRUST, SCHWERIN BOYLE CAPITAL MANAGEMENT, INC.

SCHWERIN BOYLE CAPITAL MANAGEMENT, INC.EIN 04-3057484Plan #001PY 2024

ONE MONARCH PLACE, STE 700 - SPRINGFIELD, MA 01144413-784-0990LinkedIn1-10 employeesinsurance

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$13.1M

+26.1% from 2023

Total participants

0.0% from 2023

Average account balance

$2,191,536

+26.1% from 2023

Annual return

22.31%

+1.14 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

$13.15M

Not enough data

1 years with asset history on file

Average account balance

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

$2.2M

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

$395K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$66K

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

+22.31%

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 codes2E2J3D

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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$2,191,536

$201,372+988.3%

$184,260+1089.4%

$145,884+1402.3%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

22.31%

29.04%-6.7pp

28.84%-6.5pp

551.85%-529.5pp

Employer contribution / active EE

$61,621

$7,024+777.3%

$6,427+858.7%

$4,662+1221.7%

Participant deferral / active EE

$4,167

$9,808-57.5%

$9,133-54.4%

$6,690-37.7%

Admin fee / account holder

$16,362-100.0%

$13,898-100.0%

$13,392-100.0%

SCHWERIN BOYLE CAPITAL MANAGEMENT, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SCHWERIN BOYLE CAPITAL MANAGEMENT, INC. 401(K) PLAN AND TRUST

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