Retirement plan

THE QUINNTESSENTIAL GENTLEMAN 40 401(K) PLAN

Name: THE QUINNTESSENTIAL GENTLEMAN - THE QUINNTESSENTIAL GENTLEMAN 40 401(K) PLAN (2024) Form 5500
Creator: THE QUINNTESSENTIAL GENTLEMAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE QUINNTESSENTIAL GENTLEMAN 40 401(K) PLAN, THE QUINNTESSENTIAL GENTLEMAN

THE QUINNTESSENTIAL GENTLEMANEIN 14-1918952Plan #001PY 2024

31 S. CALVERT STREET - BALTIMORE, MD 21202410-952-5518

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$140K

+38.3% from 2023

Total participants

+9.4% from 2023

Average account balance

$13,978

+38.3% from 2023

Annual return

13.64%

-9.21 pp from 2023

Benchmarks

See 6,889 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort6,889 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$140K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

28.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$711

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

+13.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$219

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 codes2E2F2G2J2T3D3H

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$62 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.563%

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

$13,978

$29,667-52.9%

$56,441-75.2%

$80,874-82.7%

Participation rate

28.6%

41.7%-13.1pp

52.5%-23.9pp

67.6%-39.1pp

Annual return

13.64%

35.22%-21.6pp

1704.21%-1690.6pp

35.62%-22.0pp

Employer contribution / active EE

$669-100.0%

$1,039-100.0%

$2,756-100.0%

Participant deferral / active EE

$711

$1,227-42.0%

$1,953-63.6%

$4,297-83.4%

Admin fee / account holder

$219

$2,429-91.0%

$2,829-92.3%

$6,935-96.8%

THE QUINNTESSENTIAL GENTLEMAN 40 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE QUINNTESSENTIAL GENTLEMAN 40 401(K) 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