Retirement plan

HRW ASSOCIATES, INC. RETIREMENT PLAN

Name: HRW ASSOCIATES. INC. D/B/A SANDITZ - HRW ASSOCIATES, INC. RETIREMENT PLAN (2024) Form 5500
Creator: HRW ASSOCIATES. INC. D/B/A SANDITZ
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HRW ASSOCIATES, INC. RETIREMENT PLAN, HRW ASSOCIATES. INC. D/B/A SANDITZ

HRW ASSOCIATES. INC. D/B/A SANDITZEIN 06-1321952Plan #001PY 2024

98 WASHINGTON STREET - MIDDLETOWN, CT 06457860-346-5511

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2M

+16.0% from 2023

Total participants

-7.1% from 2023

Average account balance

$117,868

+9.2% from 2023

Annual return

13.53%

-2.29 pp from 2023

Benchmarks

See 19,390 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,390 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.00M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

85.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42K

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

+13.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$487

$24 / participant

Other / not subdivided$487100.0%

% of EOY assets

0.024%

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

$117,868

$100,139+17.7%

$85,187+38.4%

$145,884-19.2%

Participation rate

55.0%

74.1%-19.1pp

67.5%-12.5pp

80.3%-25.3pp

Annual return

13.53%

84.15%-70.6pp

66.67%-53.1pp

551.85%-538.3pp

Employer contribution / active EE

$3,238-100.0%

$2,732-100.0%

$4,662-100.0%

Participant deferral / active EE

$2,125

$5,296-59.9%

$4,525-53.0%

$6,690-68.2%

Admin fee / account holder

$29

$7,262-99.6%

$6,162-99.5%

$13,392-99.8%

HRW ASSOCIATES, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HRW ASSOCIATES, INC. RETIREMENT 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