Retirement plan

HENRY QUENTZEL PLUMBING SUPPLY CO., INC. 401 (K) PROFIT SHARING PLAN

Name: HENRY QUENTZEL PLUMBING SUPPLY CO., INC. - HENRY QUENTZEL PLUMBING SUPPLY CO., INC. 401 (K) PROFIT SHARING PLAN (2023) Form 5500
Creator: HENRY QUENTZEL PLUMBING SUPPLY CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENRY QUENTZEL PLUMBING SUPPLY CO., INC. 401 (K) PROFIT SHARING PLAN, HENRY QUENTZEL PLUMBING SUPPLY CO., INC.

HENRY QUENTZEL PLUMBING SUPPLY CO., INC.EIN 11-1890819Plan #002PY 2023

379 THROOP AVENUE - BROOKLYN, NY 11221718-455-6600quentzel.comLinkedIn1-10 employeeswholesale

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.1M

+4.6% from 2022

Total participants

0.0% from 2022

Average account balance

$831,058

+4.6% from 2022

Annual return

8.99%

+14.78 pp from 2022

Benchmarks

See 23,814 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,814 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.51M

Not enough data

1 years with asset history on file

Average account balance

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

$1.0M

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$447K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12514

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$985K

$65657 / participant

Other / not subdivided$985K100.0%

% of EOY assets

6.971%

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

$831,058

$154,193+439.0%

$130,045+539.1%

$139,466+495.9%

Participation rate

100.0%

82.0%+18.0pp

78.5%+21.5pp

80.3%+19.7pp

Annual return

8.99%

32.51%-23.5pp

-137.30%+146.3pp

373.66%-364.7pp

Employer contribution / active EE

$11,994

$5,292+126.6%

$4,321+177.5%

$4,754+152.3%

Participant deferral / active EE

$14,022

$6,709+109.0%

$5,820+140.9%

$6,712+108.9%

Admin fee / account holder

$57,933

$13,989+314.1%

$10,600+446.5%

$11,409+407.8%

HENRY QUENTZEL PLUMBING SUPPLY CO., INC. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENRY QUENTZEL PLUMBING SUPPLY CO., 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