Retirement plan

THREEWITT ENTERPRISES, INC. 401K PROFIT SHARING PLAN

Name: THREEWITT ENTERPRISES, INC. - THREEWITT ENTERPRISES, INC. 401K PROFIT SHARING PLAN (2022) Form 5500
Creator: THREEWITT ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THREEWITT ENTERPRISES, INC. 401K PROFIT SHARING PLAN, THREEWITT ENTERPRISES, INC.

THREEWITT ENTERPRISES, INC.EIN 20-8086183Plan #001PY 2022

1904 BROWN STREET - DAYTON, OH 45409937-331-9422

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.7M

-15.2% from 2021

Total participants

114

-4.2% from 2021

Average account balance

$47,802

-6.1% from 2021

Annual return

-17.38%

-35.29 pp from 2021

Benchmarks

See 4,973 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort4,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.56M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

56.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$98K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1926

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

Top 1 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES3 years Filed as: RAYMOND JAMES & ASSOC Service code 26 · EIN 59-1237041	Advisory (Participants)	$10,824

Plan features & details

Pension benefit codes2F2J2K3D3H

Plan features

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).
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$28K

$297 / participant

Other / not subdivided$28K100.0%

% of EOY assets

1.063%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FLAGEL HUBER FLAGEL
Auditor EIN: 310796034
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,802

$27,632+73.0%

$61,452-22.2%

$68,486-30.2%

Participation rate

39.6%

39.5%+0.1pp

52.6%-13.0pp

67.9%-28.3pp

Annual return

-17.38%

-13.24%-4.1pp

338.96%-356.3pp

-7.85%-9.5pp

Employer contribution / active EE

$337

$696-51.6%

$1,160-71.0%

$2,597-87.0%

Participant deferral / active EE

$1,042

$1,264-17.5%

$2,125-50.9%

$4,028-74.1%

Admin fee / account holder

$508

$2,010-74.7%

$2,131-76.1%

$5,404-90.6%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES3 years

Filed as: RAYMOND JAMES & ASSOC

Service code 26 · EIN 59-1237041

Advisory (Participants)

$10,824

THREEWITT ENTERPRISES, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THREEWITT ENTERPRISES, INC. 401K 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