Retirement plan

WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K PLAN

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

WESLEY K CLARK & ASSOCIATES, LLCEIN 27-0051612Plan #002PY 2024

116 OTTENHEIMER PLAZA - LITTLE ROCK, AR 72201501-244-9522wesleykclark.comLinkedIn1-10 employeesexecutive office

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$548K

+16.2% from 2023

Total participants

0.0% from 2023

Average account balance

$109,535

+16.2% from 2023

Annual return

10.88%

-4.53 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$548K

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4127

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 codes2E2G2J2R2S

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

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

$21K

$6878 / participant

Other / not subdivided$21K100.0%

% of EOY assets

3.767%

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

$109,535

$160,040-31.6%

$147,096-25.5%

$145,877-24.9%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

10.88%

98.49%-87.6pp

419.75%-408.9pp

551.28%-540.4pp

Employer contribution / active EE

$4,750

$5,289-10.2%

$4,936-3.8%

$4,663+1.9%

Participant deferral / active EE

$8,733

$8,429+3.6%

$8,071+8.2%

$6,691+30.5%

Admin fee / account holder

$4,127

$15,050-72.6%

$13,005-68.3%

$13,402-69.2%

WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESLEY K CLARK & ASSOCIATES, LLC PROFIT SHARING AND 401K 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