Retirement plan

LEMIEUX GROUP LP 401(K) PROFIT SHARING PLAN

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

LEMIEUX GROUP LPEIN 25-1863319Plan #002PY 2024

1001 FIFTH AVENUE - PITTSBURGH, PA 15219412-255-1910LinkedIn1-10 employeessports

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$22.4M

-3.6% from 2023

Total participants

463

-29.7% from 2023

Average account balance

$95,213

-8.6% from 2023

Annual return

12.69%

-2.79 pp from 2023

Benchmarks

See 488 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort488 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.38M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

235

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.

40.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.75M

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$286

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.6 years Service code 14 · EIN 27-2037969	Plan Administrator	$31,241
PNC BANK, N.A.3 years Filed as: PNC ASSET MANAGEMENT Service code 13 · EIN 22-1146430	Contract Administrator	$28,792
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 20 · EIN 27-4411131	Trustee (discretionary); Trustee (ind...	$7,198

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$67K

$175 / participant

Recordkeeping$2K2.3%
Trustee / custodial$7K10.7%
Investment mgmt$29K42.8%
Contract admin$30K44.1%

% of EOY assets

0.300%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HILL, BARTH & KING LLC
Auditor EIN: 341897225
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,213

$58,859+61.8%

$129,397-26.4%

$77,714+22.5%

Participation rate

40.8%

59.3%-18.5pp

69.6%-28.8pp

70.6%-29.8pp

Annual return

12.69%

24.74%-12.1pp

9453.98%-9441.3pp

31.26%-18.6pp

Employer contribution / active EE

$1,581

$1,952-19.0%

$4,154-62.0%

$2,727-42.0%

Participant deferral / active EE

$2,963

$3,215-7.9%

$4,167-28.9%

$4,649-36.3%

Admin fee / account holder

$286

$591-51.6%

$7,679-96.3%

$433-34.0%

Provider

Service type

Compensation

NEWPORT GROUP, INC.6 years

Service code 14 · EIN 27-2037969

Plan Administrator

$31,241

PNC BANK, N.A.3 years

Filed as: PNC ASSET MANAGEMENT

Service code 13 · EIN 22-1146430

Contract Administrator

$28,792

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 20 · EIN 27-4411131

Trustee (discretionary); Trustee (ind...

$7,198

LEMIEUX GROUP LP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEMIEUX GROUP LP 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