Retirement plan

J. D. PHARMA 401(K) PLAN

Name: JOSEPH D. PALO D/B/A J. D. PHARMA - J. D. PHARMA 401(K) PLAN (2023) Form 5500
Creator: JOSEPH D. PALO D/B/A J. D. PHARMA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J. D. PHARMA 401(K) PLAN, JOSEPH D. PALO D/B/A J. D. PHARMA

JOSEPH D. PALO D/B/A J. D. PHARMAEIN 20-8808652Plan #001PY 2023

64 ARROWHEAD TRAIL - NEW CANAAN, CT 06840203-972-3215

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$792K

+21.8% from 2022

Total participants

0.0% from 2022

Average account balance

$197,942

+21.8% from 2022

Annual return

15.59%

+27.61 pp from 2022

Benchmarks

See 139,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,766 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$856K

Not enough data

1 years with asset history on file

Average account balance

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

$214K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5503

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 codes2E2F2J2R3B3D

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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$197,942

$148,623+33.2%

$135,974+45.6%

$139,466+41.9%

Participation rate

0.0%

83.9%-83.9pp

81.9%-81.9pp

80.3%-80.3pp

Annual return

15.59%

79.30%-63.7pp

68.30%-52.7pp

373.66%-358.1pp

Employer contribution / active EE

$5,246-100.0%

$4,859-100.0%

$4,754-100.0%

Participant deferral / active EE

$8,103-100.0%

$7,760-100.0%

$6,712-100.0%

Admin fee / account holder

$12,406-100.0%

$10,767-100.0%

$11,409-100.0%

J. D. PHARMA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

J. D. PHARMA 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