Retirement plan

GEIGER BROTHERS, INC. PROFIT SHARING PLAN

Name: GEIGER BROTHERS, INC. - GEIGER BROTHERS, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: GEIGER BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEIGER BROTHERS, INC. PROFIT SHARING PLAN, GEIGER BROTHERS, INC.

GEIGER BROTHERS, INC.EIN 31-0733949Plan #001PY 2023

317 RALPH STREET, PO BOX 469 - JACKSON, OH 45640740-286-0800geigerbrothers.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$5.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.4M

+32.2% from 2022

Total participants

-13.5% from 2022

Average account balance

$142,293

+23.6% from 2022

Annual return

21.94%

+37.31 pp from 2022

Benchmarks

See 18,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,037 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.51M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

105.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$417K

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

+16.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1774

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 codes2E2G2J2R3D

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.
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

$61K

$2105 / participant

Other / not subdivided$61K100.0%

% of EOY assets

1.384%

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

$142,293

$73,978+92.3%

$96,515+47.4%

$75,173+89.3%

Participation rate

96.6%

66.4%+30.1pp

74.3%+22.2pp

67.2%+29.3pp

Annual return

21.94%

26.72%-4.8pp

35.73%-13.8pp

160.72%-138.8pp

Employer contribution / active EE

$3,543

$2,931+20.9%

$3,740-5.3%

$2,671+32.6%

Participant deferral / active EE

$10,320

$3,660+182.0%

$4,880+111.5%

$4,126+150.1%

Admin fee / account holder

$1,969

$5,219-62.3%

$6,735-70.8%

$5,651-65.2%

GEIGER BROTHERS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEIGER BROTHERS, 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