Retirement plan

LEFF ELECTRONICS 401(K) PROFIT SHARING PLAN

Name: TREELINE PROPERTIES, INC. DBA LEFF ELECTRONICS - LEFF ELECTRONICS 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: TREELINE PROPERTIES, INC. DBA LEFF ELECTRONICS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEFF ELECTRONICS 401(K) PROFIT SHARING PLAN, TREELINE PROPERTIES, INC. DBA LEFF ELECTRONICS

TREELINE PROPERTIES, INC. DBA LEFF ELECTRONICSEIN 25-1594774Plan #001PY 2023

455 N CENTER AVENUE - NEW STANTON, PA 15672724-925-3001

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.2M

+16.9% from 2022

Total participants

0.0% from 2022

Average account balance

$243,613

+16.9% from 2022

Annual return

13.14%

+27.28 pp from 2022

Benchmarks

See 23,824 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,824 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47M

Not enough data

1 years with asset history on file

Average account balance

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

$294K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+6.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4670

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 codes2E2J2F2G3D

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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$15K

$2499 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.231%

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

$243,613

$154,159+58.0%

$130,026+87.4%

$139,456+74.7%

Participation rate

83.3%

82.0%+1.4pp

78.5%+4.8pp

80.3%+3.0pp

Annual return

13.14%

32.50%-19.4pp

-137.26%+150.4pp

373.45%-360.3pp

Employer contribution / active EE

$5,292-100.0%

$4,321-100.0%

$4,753-100.0%

Participant deferral / active EE

$6,529

$6,710-2.7%

$5,821+12.2%

$6,711-2.7%

Admin fee / account holder

$2,999

$14,001-78.6%

$10,608-71.7%

$11,407-73.7%

LEFF ELECTRONICS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEFF ELECTRONICS 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