Retirement plan

C. E. NIEHOFF SAVINGS AND PROFIT SHARING PLAN

Name: C.E. NIEHOFF & CO. - C. E. NIEHOFF SAVINGS AND PROFIT SHARING PLAN (2024) Form 5500
Creator: C.E. NIEHOFF & CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C. E. NIEHOFF SAVINGS AND PROFIT SHARING PLAN, C.E. NIEHOFF & CO.

C.E. NIEHOFF & CO.EIN 20-2346619Plan #002PY 2024

2021 LEE STREET - EVANSTON, IL 60602847-866-1505

Other plans on this EIN

1 filing

#003Retirement-$82.7M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$71.4M

-2.1% from 2023

Total participants

528

-0.4% from 2023

Average account balance

$162,201

-3.2% from 2023

Annual return

12.10%

-2.47 pp from 2023

Benchmarks

See 2,379 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,379 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$71.37M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

440

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.

80.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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
SAGEVIEW ADVISORY GROUP, LLC1 year Service code 70 · EIN 33-0818667	Consulting Fees	$24,108
SIKICH LLP1 year Filed as: SIKICH CPA LLC Service code 10 333 JOHN CARLYLE STREET · ALEXANDRIA, VA 22314	Accounting	$18,000
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$4,095

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$46K

$103 / participant

Recordkeeping$4K8.9%
Investment mgmt$24K52.2%
Other / not subdivided$18K39.0%

% of EOY assets

0.065%

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: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: $18,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$162,201

$89,123+82.0%

$102,460+58.3%

$77,762+108.6%

Participation rate

80.4%

80.9%-0.5pp

76.5%+3.9pp

70.6%+9.8pp

Annual return

12.10%

25.05%-12.9pp

29.47%-17.4pp

31.27%-19.2pp

Employer contribution / active EE

$1,599

$2,700-40.8%

$3,025-47.1%

$2,728-41.4%

Participant deferral / active EE

$4,236

$5,148-17.7%

$5,056-16.2%

$4,651-8.9%

Admin fee / account holder

$105

$236-55.5%

$9,460-98.9%

$433-75.7%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC1 year

Service code 70 · EIN 33-0818667

Consulting Fees

$24,108

SIKICH LLP1 year

Filed as: SIKICH CPA LLC

Service code 10

333 JOHN CARLYLE STREET · ALEXANDRIA, VA 22314

Accounting

$18,000

MERRILL LYNCH PIERCE FENNER & SMITH10+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$4,095

C. E. NIEHOFF SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C. E. NIEHOFF SAVINGS AND 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