Retirement plan

A1 AFFORDABLE LOCKSMITHS, L.C. 401(K) PROFIT SHARING PLAN

Name: A1 AFFORDABLE LOCKSMITHS, L.C. - A1 AFFORDABLE LOCKSMITHS, L.C. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: A1 AFFORDABLE LOCKSMITHS, L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A1 AFFORDABLE LOCKSMITHS, L.C. 401(K) PROFIT SHARING PLAN, A1 AFFORDABLE LOCKSMITHS, L.C.

A1 AFFORDABLE LOCKSMITHS, L.C.EIN 20-5890983Plan #001PY 2024

870 STILL CREEK LN - GAITHERSBURG, MD 20878888-681-1967

Other plans on this EIN

1 filing

#002Retirement-$2.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1M

+22.1% from 2023

Total participants

+11.1% from 2023

Average account balance

$101,688

+9.8% from 2023

Annual return

9.11%

-2.53 pp from 2023

Benchmarks

See 54,965 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,965 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.02M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+9.11%

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 codes2E2J3D

Plan features

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.
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

$101,688

$111,814-9.1%

$103,374-1.6%

$145,959-30.3%

Participation rate

100.0%

77.9%+22.1pp

74.5%+25.5pp

80.3%+19.7pp

Annual return

9.11%

24.77%-15.7pp

24.89%-15.8pp

561.95%-552.8pp

Employer contribution / active EE

$21,570

$4,214+411.9%

$3,869+457.5%

$4,661+362.8%

Participant deferral / active EE

$5,618-100.0%

$5,058-100.0%

$6,689-100.0%

Admin fee / account holder

$9,754-100.0%

$8,394-100.0%

$13,398-100.0%

A1 AFFORDABLE LOCKSMITHS, L.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

A1 AFFORDABLE LOCKSMITHS, L.C. 401(K) PROFIT SHARING 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