Retirement plan

LEE TAI ENTERPRISES U.S.A., LTD PROFIT SHARING PLAN

Name: LEE TAI ENTERPRISES U.S.A., LTD - LEE TAI ENTERPRISES U.S.A., LTD PROFIT SHARING PLAN (2022) Form 5500
Creator: LEE TAI ENTERPRISES U.S.A., LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEE TAI ENTERPRISES U.S.A., LTD PROFIT SHARING PLAN, LEE TAI ENTERPRISES U.S.A., LTD

LEE TAI ENTERPRISES U.S.A., LTDEIN 13-2762269Plan #001PY 2022

420 MADISON AVE., SUITE 806 - NEW YORK, NY 10017212-223-2714

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$312K

-3.9% from 2021

Total participants

0.0% from 2021

Average account balance

$103,885

-3.9% from 2021

Annual return

-16.73%

-19.54 pp from 2021

Benchmarks

See 18,482 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort18,482 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$687K

Not enough data

1 years with asset history on file

Average account balance

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

$229K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$63K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+16.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1211

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 codes2E2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1K

$465 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.448%

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

$103,885

$190,862-45.6%

$159,991-35.1%

$134,509-22.8%

Participation rate

100.0%

82.0%+18.0pp

78.0%+22.0pp

81.2%+18.8pp

Annual return

-16.73%

552.59%-569.3pp

408.82%-425.6pp

418.13%-434.9pp

Employer contribution / active EE

$2,333

$4,995-53.3%

$4,225-44.8%

$4,741-50.8%

Participant deferral / active EE

$11,500

$6,924+66.1%

$6,183+86.0%

$6,400+79.7%

Admin fee / account holder

$465

$10,495-95.6%

$8,715-94.7%

$11,427-95.9%

LEE TAI ENTERPRISES U.S.A., LTD PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEE TAI ENTERPRISES U.S.A., LTD 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