Retirement plan

STRATEGIC WEALTH PLANNING, INC. RETIREMENT PLAN

Name: STRATEGIC WEALTH PLANNING, INC. - STRATEGIC WEALTH PLANNING, INC. RETIREMENT PLAN (2024) Form 5500
Creator: STRATEGIC WEALTH PLANNING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRATEGIC WEALTH PLANNING, INC. RETIREMENT PLAN, STRATEGIC WEALTH PLANNING, INC.

STRATEGIC WEALTH PLANNING, INC.EIN 20-3741670Plan #002PY 2024

9220 BONITA BEACH ROAD, SUITE 200-12 - BONITA SPRINGS, FL 34135239-653-7812strategicwealthplanninginc.comLinkedIn1-10 employeesfinancial services

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$1.6M

+11.0% from 2023

Total participants

0.0% from 2023

Average account balance

$549,977

+11.0% from 2023

Annual return

4.30%

-244.87 pp from 2023

Benchmarks

See 37,167 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,167 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.85M

Not enough data

1 years with asset history on file

Average account balance

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

$616K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+7.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10333

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 codes2A2E2J2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$549,977

$201,264+173.3%

$184,185+198.6%

$145,978+276.8%

Participation rate

75.0%

87.5%-12.5pp

86.8%-11.8pp

80.3%-5.3pp

Annual return

4.30%

29.00%-24.7pp

28.81%-24.5pp

550.52%-546.2pp

Employer contribution / active EE

$17,375

$7,021+147.5%

$6,426+170.4%

$4,662+272.7%

Participant deferral / active EE

$7,625

$9,806-22.2%

$9,132-16.5%

$6,690+14.0%

Admin fee / account holder

$16,376-100.0%

$13,909-100.0%

$13,400-100.0%

STRATEGIC WEALTH PLANNING, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

STRATEGIC WEALTH PLANNING, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion