Retirement plan

THE ANDERSON CONSULTING GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: THE ANDERSON CONSULTING GROUP, INC. - THE ANDERSON CONSULTING GROUP, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: THE ANDERSON CONSULTING GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ANDERSON CONSULTING GROUP, INC. 401(K) PROFIT SHARING PLAN, THE ANDERSON CONSULTING GROUP, INC.

THE ANDERSON CONSULTING GROUP, INC.EIN 20-1150079Plan #001PY 2024

2871 W 160TH STREET - ROSEMOUNT, MN 55068651-322-1800LinkedIn1-10 employeesprofessional training & coaching

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.9M

+17.4% from 2023

Total participants

156

+10.6% from 2023

Average account balance

$63,576

+5.3% from 2023

Annual return

11.77%

-7.76 pp from 2023

Benchmarks

See 9,339 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,339 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.92M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

156

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

$873K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576	Direct payment from the plan; Claims ...	$27,070
LPL FINANCIAL1 year Filed as: LPL FINANCIAL CORPORATION RPCP Service code 27 · EIN 04-3046611	Advisory (Plan)	$15,851
RAYMOND JAMES FINANCIAL SERVICES1 year Service code 27 · EIN 59-2937883	Advisory (Plan)	$13,790

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$25K

$270 / participant

Investment mgmt$16K64.6%
Contract admin$9K35.4%

% of EOY assets

0.248%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DS&B LTD.
Auditor EIN: 411475695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,576

$71,197-10.7%

$93,669-32.1%

$80,925-21.4%

Participation rate

100.0%

60.4%+39.6pp

68.7%+31.3pp

67.7%+32.3pp

Annual return

11.77%

11.27%+0.5pp

133.59%-121.8pp

35.65%-23.9pp

Employer contribution / active EE

$4,422

$1,565+182.6%

$2,424+82.5%

$2,756+60.4%

Participant deferral / active EE

$5,172

$4,036+28.2%

$4,416+17.1%

$4,299+20.3%

Admin fee / account holder

$157

$6,959-97.7%

$8,291-98.1%

$6,940-97.7%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP1 year

Service code 12 · EIN 93-1253576

Direct payment from the plan; Claims ...

$27,070

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL CORPORATION RPCP

Service code 27 · EIN 04-3046611

Advisory (Plan)

$15,851

RAYMOND JAMES FINANCIAL SERVICES1 year

Service code 27 · EIN 59-2937883

Advisory (Plan)

$13,790

THE ANDERSON CONSULTING GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ANDERSON CONSULTING GROUP, INC. 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