Retirement plan

NEMAT INTERNATIONAL, INC. RETIREMENT PLAN

Name: NEMAT INTERNATIONAL, INC. - NEMAT INTERNATIONAL, INC. RETIREMENT PLAN (2024) Form 5500
Creator: NEMAT INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEMAT INTERNATIONAL, INC. RETIREMENT PLAN, NEMAT INTERNATIONAL, INC.

NEMAT INTERNATIONAL, INC.EIN 06-1307221Plan #001PY 2024

34135 7TH STREET - UNION CITY, CA 94587800-936-3628nematfragrances.comLinkedIn1-10 employeeswholesale

Other plans on this EIN

1 filing

#002Retirement-$10.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.7M

+34.7% from 2023

Total participants

+15.6% from 2023

Average account balance

$52,110

+16.6% from 2023

Annual return

20.75%

-6.15 pp from 2023

Benchmarks

See 9,342 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,342 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$281K

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

+20.75%

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 codes2E2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$52,110

$71,208-26.8%

$93,681-44.4%

$80,911-35.6%

Participation rate

100.0%

60.4%+39.6pp

68.7%+31.3pp

67.6%+32.4pp

Annual return

20.75%

11.27%+9.5pp

133.47%-112.7pp

35.63%-14.9pp

Employer contribution / active EE

$3,108

$1,564+98.7%

$2,422+28.3%

$2,756+12.8%

Participant deferral / active EE

$4,710

$4,035+16.7%

$4,415+6.7%

$4,297+9.6%

Admin fee / account holder

$6,951-100.0%

$8,290-100.0%

$6,935-100.0%

NEMAT INTERNATIONAL, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NEMAT INTERNATIONAL, INC. RETIREMENT PLAN

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