Retirement plan

TRAUTMAN, KING MARKWART ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Name: TRAUTMAN, KING, MARKWART, ASSOCIATES, P.C. - TRAUTMAN, KING MARKWART ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TRAUTMAN, KING, MARKWART, ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRAUTMAN, KING MARKWART ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN, TRAUTMAN, KING, MARKWART, ASSOCIATES, P.C.

TRAUTMAN, KING, MARKWART, ASSOCIATES, P.C.EIN 16-1137303Plan #001PY 2024

37 FRANKLIN STREET, SUITE 100 - BUFFALO, NY 142021389716-883-4400

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.8M

+5.9% from 2023

Total participants

+3.3% from 2023

Average account balance

$170,918

+2.5% from 2023

Annual return

13.48%

+1.47 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.77M

Not enough data

1 years with asset history on file

Average account balance

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

$171K

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.

180.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$431K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19086

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 codes2E2G2J2F

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.

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

$1.2M

$34355 / participant

Other / not subdivided$1M100.0%

% of EOY assets

11.167%

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

$170,918

$102,385+66.9%

$147,080+16.2%

$80,935+111.2%

Participation rate

100.0%

75.9%+24.1pp

82.2%+17.8pp

67.7%+32.3pp

Annual return

13.48%

135.09%-121.6pp

420.17%-406.7pp

35.66%-22.2pp

Employer contribution / active EE

$3,897

$3,717+4.9%

$4,933-21.0%

$2,757+41.4%

Participant deferral / active EE

$8,424

$6,651+26.7%

$8,066+4.4%

$4,299+95.9%

Admin fee / account holder

$19,086

$7,951+140.0%

$12,989+46.9%

$6,924+175.6%

TRAUTMAN, KING MARKWART ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRAUTMAN, KING MARKWART ASSOCIATES, P.C. 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