Retirement plan

DEAN TURNER'S JEWELRY CO 401K PROFIT SHARING PLAN

Name: DEAN TURNER'S JEWELRY INC. - DEAN TURNER'S JEWELRY CO 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: DEAN TURNER'S JEWELRY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEAN TURNER'S JEWELRY CO 401K PROFIT SHARING PLAN, DEAN TURNER'S JEWELRY INC.

DEAN TURNER'S JEWELRY INC.EIN 31-1176212Plan #001PY 2024

409 MAIN ST - COSHOCTON, OH 438121523740-622-4941

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+5.5% from 2023

Total participants

-26.7% from 2023

Average account balance

$139,455

+64.1% from 2023

Annual return

11.31%

+0.40 pp from 2023

Benchmarks

See 22,293 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,293 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.26M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14212

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$128K

$14212 / participant

Other / not subdivided$128K100.0%

% of EOY assets

10.191%

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

$139,455

$111,830+24.7%

$93,696+48.8%

$145,884-4.4%

Participation rate

77.8%

74.2%+3.6pp

68.7%+9.1pp

80.3%-2.5pp

Annual return

11.31%

204.08%-192.8pp

133.74%-122.4pp

551.85%-540.5pp

Employer contribution / active EE

$1,476

$3,093-52.3%

$2,422-39.1%

$4,662-68.3%

Participant deferral / active EE

$4,149

$4,920-15.7%

$4,417-6.1%

$6,690-38.0%

Admin fee / account holder

$14,212

$10,249+38.7%

$8,287+71.5%

$13,392+6.1%

DEAN TURNER'S JEWELRY CO 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEAN TURNER'S JEWELRY CO 401K 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