Retirement plan

EDGETECH ANALYTICS, LLC PROFIT SHARING & 401(K) PLAN

Name: EDGETECH ANALYTICS, LLC - EDGETECH ANALYTICS, LLC PROFIT SHARING & 401(K) PLAN (2024) Form 5500
Creator: EDGETECH ANALYTICS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDGETECH ANALYTICS, LLC PROFIT SHARING & 401(K) PLAN, EDGETECH ANALYTICS, LLC

EDGETECH ANALYTICS, LLCEIN 20-5806132Plan #001PY 2024

822 KUMHO DRIVE, SUITE 300 - FAIRLAWN, OH 44333330-668-2616edgetechanalytics.comLinkedIn1-10 employeesfinancial services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.8M

+28.1% from 2023

Total participants

0.0% from 2023

Average account balance

$107,523

+5.5% from 2023

Annual return

17.21%

+8.04 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

$1.83M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

130.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

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

+17.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

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

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

$107,523

$201,264-46.6%

$184,185-41.6%

$145,978-26.3%

Participation rate

92.3%

87.5%+4.8pp

86.8%+5.5pp

80.3%+12.0pp

Annual return

17.21%

29.00%-11.8pp

28.81%-11.6pp

550.52%-533.3pp

Employer contribution / active EE

$3,517

$7,021-49.9%

$6,426-45.3%

$4,662-24.6%

Participant deferral / active EE

$8,457

$9,806-13.8%

$9,132-7.4%

$6,690+26.4%

Admin fee / account holder

$16,376-100.0%

$13,909-100.0%

$13,400-100.0%

EDGETECH ANALYTICS, LLC PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

EDGETECH ANALYTICS, LLC PROFIT SHARING & 401(K) 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