Retirement plan

PAIR OF QUEENS, INC. 401(K) PROFIT SHARING PLAN

Name: PAIR OF QUEENS, INC. 401(K) - PAIR OF QUEENS, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: PAIR OF QUEENS, INC. 401(K)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAIR OF QUEENS, INC. 401(K) PROFIT SHARING PLAN, PAIR OF QUEENS, INC. 401(K)

PAIR OF QUEENS, INC. 401(K)EIN 20-8827692Plan #001PY 2024

16146 PURITAS AVE - CLEVELAND, OH 441352618216-941-6196

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$1.6M

-1.1% from 2023

Total participants

0.0% from 2023

Average account balance

$796,810

No prior year

Annual return

-4.08%

-8.83 pp from 2023

Benchmarks

See 19,460 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,460 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.59M

Not enough data

1 years with asset history on file

Average account balance

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

$797K

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

$48K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$48K

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

-4.08%

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 codes2E2J

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.

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

$796,810

$99,921+697.4%

$85,009+837.3%

$145,959+445.9%

Participation rate

100.0%

74.1%+25.9pp

67.5%+32.5pp

80.3%+19.7pp

Annual return

-4.08%

83.89%-88.0pp

66.47%-70.6pp

561.95%-566.0pp

Employer contribution / active EE

$23,812

$3,233+636.6%

$2,728+772.8%

$4,661+410.9%

Participant deferral / active EE

$24,462

$5,293+362.2%

$4,522+441.0%

$6,689+265.7%

Admin fee / account holder

$7,252-100.0%

$6,153-100.0%

$13,398-100.0%

PAIR OF QUEENS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PAIR OF QUEENS, INC. 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