Retirement plan

SCHEIMPFLUG PHOTO EQUIPMENT CO. 401(K) PROFIT SHARING PLAN

Name: SCHEIMPFLUG PHOTO EQUIPMENT CO. LLC - SCHEIMPFLUG PHOTO EQUIPMENT CO. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: SCHEIMPFLUG PHOTO EQUIPMENT CO. LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHEIMPFLUG PHOTO EQUIPMENT CO. 401(K) PROFIT SHARING PLAN, SCHEIMPFLUG PHOTO EQUIPMENT CO. LLC

SCHEIMPFLUG PHOTO EQUIPMENT CO. LLCEIN 20-1561809Plan #001PY 2023

162 WEST 21ST STREET, 6TH FLOOR - NEW YORK, NY 10011212-244-8300LinkedIn11-50 employeesfacilities services

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$688K

+29.7% from 2022

Total participants

-22.7% from 2022

Average account balance

$42,977

+29.7% from 2022

Annual return

16.44%

+33.79 pp from 2022

Benchmarks

See 19,270 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort19,270 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$794K

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

53.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3028

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 codes2E2E2F2G2J

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

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

$5K

$190 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.662%

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

$42,977

$202,463-78.8%

$169,397-74.6%

$139,487-69.2%

Participation rate

25.0%

81.1%-56.1pp

77.2%-52.2pp

80.3%-55.3pp

Annual return

16.44%

532.64%-516.2pp

406.23%-389.8pp

373.84%-357.4pp

Employer contribution / active EE

$999

$4,694-78.7%

$4,013-75.1%

$4,755-79.0%

Participant deferral / active EE

$1,925

$6,941-72.3%

$6,223-69.1%

$6,713-71.3%

Admin fee / account holder

$285

$10,726-97.3%

$9,017-96.8%

$11,407-97.5%

SCHEIMPFLUG PHOTO EQUIPMENT CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHEIMPFLUG PHOTO EQUIPMENT CO. 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