Retirement plan

HILL, RUGH, KELLER & MAIN, P.L. 401(K) PLAN

Name: HILL, RUGH, KELLER & MAIN, P.L. - HILL, RUGH, KELLER & MAIN, P.L. 401(K) PLAN (2024) Form 5500
Creator: HILL, RUGH, KELLER & MAIN, P.L.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HILL, RUGH, KELLER & MAIN, P.L. 401(K) PLAN, HILL, RUGH, KELLER & MAIN, P.L.

HILL, RUGH, KELLER & MAIN, P.L.EIN 27-0250239Plan #001PY 2024

390 N. ORANGE AVENUE, SUITE 1610 - ORLANDO, FL 32802407-926-7460hrkmlaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5M

+17.8% from 2023

Total participants

+11.5% from 2023

Average account balance

$198,070

+17.8% from 2023

Annual return

17.27%

-6.38 pp from 2023

Benchmarks

See 28,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,844 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.95M

Not enough data

1 years with asset history on file

Average account balance

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

$198K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8247

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 codes2F2G2J3D

Plan features

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

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

$206K

$8247 / participant

Other / not subdivided$206K100.0%

% of EOY assets

4.164%

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

$198,070

$102,422+93.4%

$147,117+34.6%

$80,959+144.7%

Participation rate

84.0%

75.9%+8.1pp

82.2%+1.8pp

67.7%+16.3pp

Annual return

17.27%

135.16%-117.9pp

420.54%-403.3pp

35.67%-18.4pp

Employer contribution / active EE

$2,591

$3,717-30.3%

$4,932-47.5%

$2,757-6.0%

Participant deferral / active EE

$6,495

$6,652-2.4%

$8,065-19.5%

$4,300+51.0%

Admin fee / account holder

$8,247

$7,953+3.7%

$12,993-36.5%

$6,925+19.1%

HILL, RUGH, KELLER & MAIN, P.L. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HILL, RUGH, KELLER & MAIN, P.L. 401(K) 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