Retirement plan

GERSHAW CONFERENCE GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: GERSHAW CONFERENCE GROUP, INC. - GERSHAW CONFERENCE GROUP, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: GERSHAW CONFERENCE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GERSHAW CONFERENCE GROUP, INC. 401(K) PROFIT SHARING PLAN, GERSHAW CONFERENCE GROUP, INC.

GERSHAW CONFERENCE GROUP, INC.EIN 04-3425451Plan #001PY 2022

PO BOX 765 - ALEXANDRIA, VA 22313781-279-9887LinkedIn11-50 employeesevents services

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1M

-25.6% from 2021

Total participants

0.0% from 2021

Average account balance

$147,749

-14.9% from 2021

Annual return

-19.85%

-31.02 pp from 2021

Benchmarks

See 17,023 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort17,023 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47M

Not enough data

1 years with asset history on file

Average account balance

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

$246K

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

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2754

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 codes2F2G2J2T3D

Plan features

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$91K

$13059 / participant

Other / not subdivided$91K100.0%

% of EOY assets

8.839%

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

$147,749

$93,117+58.7%

$77,096+91.6%

$134,532+9.8%

Participation rate

85.7%

74.5%+11.2pp

67.9%+17.8pp

81.2%+4.5pp

Annual return

-19.85%

62.67%-82.5pp

42.35%-62.2pp

418.27%-438.1pp

Employer contribution / active EE

$3,420-100.0%

$2,814-100.0%

$4,741-100.0%

Participant deferral / active EE

$1,275

$5,241-75.7%

$4,429-71.2%

$6,401-80.1%

Admin fee / account holder

$13,059

$6,948+88.0%

$5,428+140.6%

$11,429+14.3%

GERSHAW CONFERENCE GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GERSHAW CONFERENCE GROUP, INC. 401(K) 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