Retirement plan

CONEYS MARINE CORP. PROFIT SHARING PLAN

Name: CONEYS MARINE CORP. - CONEYS MARINE CORP. PROFIT SHARING PLAN (2025) Form 5500
Creator: CONEYS MARINE CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONEYS MARINE CORP. PROFIT SHARING PLAN, CONEYS MARINE CORP.

CONEYS MARINE CORP.EIN 11-2332034Plan #001PY 2025

32 NEW YORK AVENUE - HUNTINGTON, NY 11743631-421-3366coneys.comLinkedIn11-50 employeesmaritime

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$9.5M

+6.0% from 2024

Total participants

+5.3% from 2024

Average account balance

$528,277

+0.1% from 2024

Annual return

12.43%

-4.42 pp from 2024

Benchmarks

See 4,594 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort4,594 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.51M

Not enough data

1 years with asset history on file

Average account balance

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

$528K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$169K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43002

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 codes3H2E2F2G2J2T3D

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$774K

$48377 / participant

Other / not subdivided$774K100.0%

% of EOY assets

8.140%

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

$528,277

$156,616+237.3%

$133,346+296.2%

$198,609+166.0%

Participation rate

87.5%

77.7%+9.8pp

72.8%+14.7pp

82.4%+5.1pp

Annual return

12.43%

44.25%-31.8pp

36.85%-24.4pp

202.70%-190.3pp

Employer contribution / active EE

$2,522

$3,368-25.1%

$2,853-11.6%

$5,055-50.1%

Participant deferral / active EE

$8,066

$4,920+64.0%

$4,332+86.2%

$6,977+15.6%

Admin fee / account holder

$43,002

$17,468+146.2%

$14,264+201.5%

$19,030+126.0%

CONEYS MARINE CORP. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONEYS MARINE CORP. 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