Retirement plan

I.E. SHAFFER & CO. EMPLOYEE STOCK OWNERSHIP PLAN

Name: I.E. SHAFFER & CO. - I.E. SHAFFER & CO. EMPLOYEE STOCK OWNERSHIP PLAN (2022) Form 5500
Creator: I.E. SHAFFER & CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I.E. SHAFFER & CO. EMPLOYEE STOCK OWNERSHIP PLAN, I.E. SHAFFER & CO.

I.E. SHAFFER & CO.EIN 22-1750854Plan #002PY 2022

PO BOX 1028, 830 BEAR TAVERN ROAD - WEST TRENTON, NJ 086280230609-883-6688

Other plans on this EIN

1 filing

#001Retirement-$23.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4M

+37.9% from 2021

Total participants

+5.1% from 2021

Average account balance

$65,161

+31.2% from 2021

Annual return

36.11%

+51.71 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.90M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1055

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 codes2I2P2Q3D3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

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

$32K

$559 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.803%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$65,161

$82,674-21.2%

$125,363-48.0%

$68,495-4.9%

Participation rate

100.0%

75.0%+25.0pp

82.4%+17.6pp

67.9%+32.1pp

Annual return

36.11%

-5.97%+42.1pp

572.15%-536.0pp

-7.84%+44.0pp

Employer contribution / active EE

$1,121

$3,382-66.9%

$4,815-76.7%

$2,596-56.8%

Participant deferral / active EE

$6,111-100.0%

$7,447-100.0%

$4,028-100.0%

Admin fee / account holder

$523

$6,276-91.7%

$10,005-94.8%

$5,403-90.3%

I.E. SHAFFER & CO. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I.E. SHAFFER & CO. EMPLOYEE STOCK OWNERSHIP 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