Retirement plan

LEMIEUX GROUP LP 401(K) PROFIT SHARING PLAN

Name: LEMIEUX GROUP LP - LEMIEUX GROUP LP 401(K) PROFIT SHARING PLAN (2023) 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 2023

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$23.2M

+14.4% from 2022

Total participants

659

+37.9% from 2022

Average account balance

$104,126

+0.0% from 2022

Annual return

15.48%

+31.49 pp from 2022

Benchmarks

See 451 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort451 peers

Snapshot2023

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.5 years Service code 14 · EIN 27-2037969	Plan Administrator	$29,039
PNC BANK, N.A.2 years Filed as: PNC ASSET MANAGEMENT Service code 13 · EIN 22-1146430	Contract Administrator	$25,656

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

$61K

$98 / participant

Recordkeeping$6K10.6%
Trustee / custodial$6K10.5%
Investment mgmt$26K42.0%
Contract admin$23K36.9%

% of EOY assets

0.263%

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

$104,126

$53,344+95.2%

$121,204-14.1%

$74,460+39.8%

Participation rate

30.4%

60.0%-29.6pp

69.5%-39.2pp

70.7%-40.4pp

Annual return

15.48%

35.15%-19.7pp

987.18%-971.7pp

34.38%-18.9pp

Employer contribution / active EE

$953

$1,898-49.8%

$4,170-77.1%

$2,638-63.9%

Participant deferral / active EE

$1,809

$3,220-43.8%

$4,083-55.7%

$4,530-60.1%

Admin fee / account holder

$274

$382-28.3%

$5,651-95.2%

$348-21.2%

Provider

Service type

Compensation

NEWPORT GROUP, INC.5 years

Service code 14 · EIN 27-2037969

Plan Administrator

$29,039

PNC BANK, N.A.2 years

Filed as: PNC ASSET MANAGEMENT

Service code 13 · EIN 22-1146430

Contract Administrator

$25,656

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