Retirement plan

AFFILIATED PRIVATE INVESTORS, LLC 401K PROFIT SHARING PLAN

Name: AFFILIATED PRIVATE INVESTORS, LLC - AFFILIATED PRIVATE INVESTORS, LLC 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: AFFILIATED PRIVATE INVESTORS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AFFILIATED PRIVATE INVESTORS, LLC 401K PROFIT SHARING PLAN, AFFILIATED PRIVATE INVESTORS, LLC

AFFILIATED PRIVATE INVESTORS, LLCEIN 22-3307501Plan #001PY 2024

4512 N FLAGLER DRIVE, SUITE 201 - WEST PALM BEACH, FL 33402561-318-8710apillc.netLinkedIn1-10 employeesinvestment management

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$895K

+20.6% from 2023

Total participants

-11.1% from 2023

Average account balance

$223,708

+20.6% from 2023

Annual return

16.19%

-5.32 pp from 2023

Benchmarks

See 37,167 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,167 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$895K

Not enough data

1 years with asset history on file

Average account balance

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

$224K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.19%

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 codes2E2F2G2J2T3D

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$223,708

$201,264+11.2%

$184,185+21.5%

$145,978+53.2%

Participation rate

33.3%

87.5%-54.2pp

86.8%-53.5pp

80.3%-47.0pp

Annual return

16.19%

29.00%-12.8pp

28.81%-12.6pp

550.52%-534.3pp

Employer contribution / active EE

$7,021-100.0%

$6,426-100.0%

$4,662-100.0%

Participant deferral / active EE

$5,420

$9,806-44.7%

$9,132-40.6%

$6,690-19.0%

Admin fee / account holder

$16,376-100.0%

$13,909-100.0%

$13,400-100.0%

AFFILIATED PRIVATE INVESTORS, LLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AFFILIATED PRIVATE INVESTORS, LLC 401K 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