Retirement plan

FINNY RAJCHEL INSURANCE AGENCY, INC. PROFIT SHARING PLAN

Name: FINNY RAJCHEL INSURANCE AGENCY, IN - FINNY RAJCHEL INSURANCE AGENCY, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: FINNY RAJCHEL INSURANCE AGENCY, IN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FINNY RAJCHEL INSURANCE AGENCY, INC. PROFIT SHARING PLAN, FINNY RAJCHEL INSURANCE AGENCY, IN

FINNY RAJCHEL INSURANCE AGENCY, INEIN 30-0040108Plan #001PY 2024

18W044 22ND STREET - OAKBROOK TERRACE, IL 60181630-932-5630

Prospect flagsHigh retiree %Low fidelity bond

How to read this page

Total assets (EOY)

$911K

+25.7% from 2023

Total participants

0.0% from 2023

Average account balance

$151,819

+25.7% from 2023

Annual return

18.92%

+3.06 pp from 2023

Benchmarks

See 37,126 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,126 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$911K

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+18.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$201

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 codes2E2G2J3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1K

$301 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.132%

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

$151,819

$201,344-24.6%

$184,243-17.6%

$145,877+4.1%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

18.92%

29.01%-10.1pp

28.82%-9.9pp

551.28%-532.4pp

Employer contribution / active EE

$1,613

$7,022-77.0%

$6,427-74.9%

$4,663-65.4%

Participant deferral / active EE

$10,660

$9,807+8.7%

$9,132+16.7%

$6,691+59.3%

Admin fee / account holder

$201

$16,382-98.8%

$13,914-98.6%

$13,402-98.5%

FINNY RAJCHEL INSURANCE AGENCY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FINNY RAJCHEL INSURANCE AGENCY, INC. 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