Retirement plan

O'REILLY, TALBOT & OKUN ASSOCIATES, INC. 401K PROFIT SHARING PLAN AND TRUST

Name: O'REILLY, TALBOT & OKUN ASSOCIATES, INC. - O'REILLY, TALBOT & OKUN ASSOCIATES, INC. 401K PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: O'REILLY, TALBOT & OKUN ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, O'REILLY, TALBOT & OKUN ASSOCIATES, INC. 401K PROFIT SHARING PLAN AND TRUST, O'REILLY, TALBOT & OKUN ASSOCIATES, INC.

O'REILLY, TALBOT & OKUN ASSOCIATES, INC.EIN 04-3228814Plan #002PY 2024

293 BRIDGE ST, STE 500 - SPRINGFIELD, MA 01103413-788-6222oto-env.comLinkedIn11-50 employeesenvironmental services

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10M

-9.9% from 2023

Total participants

-8.6% from 2023

Average account balance

$346,396

+8.8% from 2023

Annual return

12.24%

-2.18 pp from 2023

Benchmarks

See 143,415 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,415 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.05M

Not enough data

1 years with asset history on file

Average account balance

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

$346K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$247K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93555

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.7M

$113046 / participant

Other / not subdivided$3M100.0%

% of EOY assets

27.008%

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

$346,396

$160,070+116.4%

$147,117+135.5%

$145,897+137.4%

Participation rate

87.5%

84.0%+3.5pp

82.2%+5.3pp

80.3%+7.2pp

Annual return

12.24%

98.69%-86.4pp

420.54%-408.3pp

552.29%-540.0pp

Employer contribution / active EE

$3,475

$5,285-34.3%

$4,932-29.6%

$4,663-25.5%

Participant deferral / active EE

$6,825

$8,419-18.9%

$8,065-15.4%

$6,689+2.0%

Admin fee / account holder

$93,555

$15,035+522.2%

$12,993+620.1%

$13,390+598.7%

O'REILLY, TALBOT & OKUN ASSOCIATES, INC. 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

O'REILLY, TALBOT & OKUN ASSOCIATES, INC. 401K PROFIT SHARING PLAN AND TRUST

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