Retirement plan

THE SHEAKLEY GROUP OF COMPANIES 401(K) PLAN

Name: THE SHEAKLEY GROUP, INC. - THE SHEAKLEY GROUP OF COMPANIES 401(K) PLAN (2024) Form 5500
Creator: THE SHEAKLEY GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SHEAKLEY GROUP OF COMPANIES 401(K) PLAN, THE SHEAKLEY GROUP, INC.

THE SHEAKLEY GROUP, INC.EIN 31-1176227Plan #001PY 2024

ONE SHEAKLEY WAY SUITE 100 - CINCINNATI, OH 45246513-326-4675sheakleyhr.comLinkedIn1-10 employeeshuman resources

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed April 11, 1

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$29.1M

+1.3% from 2023

Total participants

518

+44.7% from 2023

Average account balance

$58,110

-32.1% from 2023

Annual return

18.71%

-1.44 pp from 2023

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.11M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

501

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.18M

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

+18.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
OCTAVIA WEALTH ADVISORS LLC5 years Filed as: OCTAVIA Service code 26 9999 CARVER RD · CINCINNATI, OH 45242	Advisory (Participants)	$16,107
SHEAKLEY WORKFORCE MANAGEMENT7+ years Service code 13 · EIN 82-3571106	Contract Administrator	$6,264
MATRIX TRUST COMPANY5 years Filed as: MATRIX Service code 19 · EIN 75-3182674	Securities Custodian	$5,682

Plan features & details

Pension benefit codes2F2E2K2J2G3H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$28K

$73 / participant

Recordkeeping$1K5.3%
Trustee / custodial$6K20.3%
Investment mgmt$16K57.4%
Contract admin$5K17.0%

% of EOY assets

0.096%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DEAN DORTON ALLEN FORD, PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,110

$106,264-45.3%

$147,117-60.5%

$77,762-25.3%

Participation rate

95.5%

78.4%+17.1pp

82.2%+13.4pp

70.6%+25.0pp

Annual return

18.71%

56.94%-38.2pp

420.54%-401.8pp

31.27%-12.6pp

Employer contribution / active EE

$1,383

$4,074-66.1%

$4,932-72.0%

$2,728-49.3%

Participant deferral / active EE

$4,325

$8,003-46.0%

$8,065-46.4%

$4,651-7.0%

Admin fee / account holder

$56

$334-83.3%

$12,993-99.6%

$433-87.1%

Provider

Service type

Compensation

OCTAVIA WEALTH ADVISORS LLC5 years

Filed as: OCTAVIA

Service code 26

9999 CARVER RD · CINCINNATI, OH 45242

Advisory (Participants)

$16,107

SHEAKLEY WORKFORCE MANAGEMENT7+ years

Service code 13 · EIN 82-3571106

Contract Administrator

$6,264

MATRIX TRUST COMPANY5 years

Filed as: MATRIX

Service code 19 · EIN 75-3182674

Securities Custodian

$5,682

THE SHEAKLEY GROUP OF COMPANIES 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SHEAKLEY GROUP OF COMPANIES 401(K) PLAN

Top hat statement on fileNQDC

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