Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SARAH FOUNDATION, INC.

Name: SARAH FOUNDATION, INC. - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SARAH FOUNDATION, INC. (2022) Form 5500
Creator: SARAH FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SARAH FOUNDATION, INC., SARAH FOUNDATION, INC.

SARAH FOUNDATION, INC.EIN 06-1281792Plan #001PY 2022

246 GOOSE LN STE 104 - GUILFORD, CT 064372186203-453-6531

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$14K

-7.9% from 2021

Total participants

0.0% from 2021

Average account balance

$4,737

-7.9% from 2021

Annual return

-13.13%

-25.87 pp from 2021

Benchmarks

See 466 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort466 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.34%

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 codes2G3D2J2E2T

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$4,737

$60,813-92.2%

$134,532-96.5%

Participation rate

100.0%

67.1%+32.9pp

81.2%+18.8pp

Annual return

-13.13%

-10.69%-2.4pp

418.27%-431.4pp

Employer contribution / active EE

$2,735-100.0%

$4,741-100.0%

Participant deferral / active EE

$800

$4,132-80.6%

$6,401-87.5%

Admin fee / account holder

$4,065-100.0%

$11,429-100.0%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SARAH FOUNDATION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SARAH FOUNDATION, INC.

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