Retirement plan

WM. E. HOWE & CO. 401(K) RETIREMENT PLAN

Name: BERKOWITZ RUBILLO MIHAICH & CHIZAUSKIE PTR, WILLIAM E. HOWE & CO. - WM. E. HOWE & CO. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: BERKOWITZ RUBILLO MIHAICH & CHIZAUSKIE PTR, WILLIAM E. HOWE & CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WM. E. HOWE & CO. 401(K) RETIREMENT PLAN, BERKOWITZ RUBILLO MIHAICH & CHIZAUSKIE PTR, WILLIAM E. HOWE & CO.

BERKOWITZ RUBILLO MIHAICH & CHIZAUSKIE PTR, WILLIAM E. HOWE & CO.EIN 23-1682016Plan #001PY 2024

105 CHESLEY DR. - MEDIA, PA 190631754800-433-5601

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+21.8% from 2023

Total participants

-15.8% from 2023

Average account balance

$88,182

+44.7% from 2023

Annual return

15.89%

-4.27 pp from 2023

Benchmarks

See 144,092 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort144,092 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.41M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$258K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+15.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11849

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 codes2E2J2F2G3D3B2T

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.
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

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

$190K

$15799 / participant

Other / not subdivided$190K100.0%

% of EOY assets

13.437%

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

$88,182

$159,934-44.9%

$147,005-40.0%

$145,959-39.6%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

15.89%

98.24%-82.3pp

418.76%-402.9pp

561.95%-546.1pp

Employer contribution / active EE

$5,667

$5,287+7.2%

$4,934+14.8%

$4,661+21.6%

Participant deferral / active EE

$15,813

$8,427+87.6%

$8,070+95.9%

$6,689+136.4%

Admin fee / account holder

$11,849

$15,053-21.3%

$13,006-8.9%

$13,398-11.6%

WM. E. HOWE & CO. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WM. E. HOWE & CO. 401(K) RETIREMENT 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