Retirement plan

I & I SLING, LLC. 401(K) PROFIT SHARING PLAN

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

I & I SLING, LLCEIN 23-1858328Plan #001PY 2024

205 BRIDGEWATER ROAD, P.O. BOX 2423 - ASTON, PA 190143426610-485-8500iandisling.comLinkedIn51-200 employeesconsumer goods

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$15.1M

+14.7% from 2023

Total participants

136

+14.3% from 2023

Average account balance

$111,276

+0.4% from 2023

Annual return

14.23%

-1.65 pp from 2023

Benchmarks

See 14,159 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,159 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.13M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

136

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

$527K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$407

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES6 years Filed as: CBIZ INR ADVISORY SERVICES, LLC Service code 26 · EIN 81-3968784	Advisory (Participants)	$41,228
PCS RETIREMENT, LLC4 years Service code 15 · EIN 23-2285428	Recordkeeping	$14,188

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$55K

$667 / participant

Recordkeeping$14K25.5%
Investment mgmt$41K74.5%

% of EOY assets

0.366%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI, LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,276

$86,940+28.0%

$102,434+8.6%

$80,935+37.5%

Participation rate

100.0%

72.4%+27.6pp

76.5%+23.5pp

67.7%+32.3pp

Annual return

14.23%

18.89%-4.7pp

29.46%-15.2pp

35.66%-21.4pp

Employer contribution / active EE

$2,404

$2,370+1.5%

$3,023-20.5%

$2,757-12.8%

Participant deferral / active EE

$3,951

$4,121-4.1%

$5,055-21.8%

$4,299-8.1%

Admin fee / account holder

$407

$8,047-94.9%

$9,462-95.7%

$6,924-94.1%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES6 years

Filed as: CBIZ INR ADVISORY SERVICES, LLC

Service code 26 · EIN 81-3968784

Advisory (Participants)

$41,228

PCS RETIREMENT, LLC4 years

Service code 15 · EIN 23-2285428

Recordkeeping

$14,188

I & I SLING, LLC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I & I SLING, LLC. 401(K) PROFIT SHARING 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