Retirement plan

BILL GALATI POOLS, INC. 401K PROFIT SHARING PLAN AND TRUST

Name: BILL GALATI POOLS, INC. - BILL GALATI POOLS, INC. 401K PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: BILL GALATI POOLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BILL GALATI POOLS, INC. 401K PROFIT SHARING PLAN AND TRUST, BILL GALATI POOLS, INC.

BILL GALATI POOLS, INC.EIN 14-1469118Plan #001PY 2024

206 SOUTH PLANK RD - NEWBURGH, NY 12550845-564-0555

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.2M

+26.4% from 2023

Total participants

-30.0% from 2023

Average account balance

$174,897

+80.5% from 2023

Annual return

18.68%

+10.36 pp from 2023

Benchmarks

See 23,862 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,862 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22M

Not enough data

1 years with asset history on file

Average account balance

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

$175K

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

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$37K

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

+18.68%

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 codes2J2E

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.

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

$174,897

$166,242+5.2%

$165,071+6.0%

$145,884+19.9%

Participation rate

100.0%

82.0%+18.0pp

78.6%+21.4pp

80.3%+19.7pp

Annual return

18.68%

100.44%-81.8pp

70.17%-51.5pp

551.85%-533.2pp

Employer contribution / active EE

$9,122

$5,283+72.7%

$4,347+109.8%

$4,662+95.6%

Participant deferral / active EE

$28,090

$6,964+303.4%

$6,035+365.4%

$6,690+319.9%

Admin fee / account holder

$16,658-100.0%

$12,695-100.0%

$13,392-100.0%

BILL GALATI POOLS, INC. 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BILL GALATI POOLS, INC. 401K PROFIT SHARING PLAN AND TRUST

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