Retirement plan

INDEPENDENT JEWELERS ORGANIZATION, LLC 401(K) PLAN

Name: INDEPENDENT JEWELERS ORGANIZATION, LLC - INDEPENDENT JEWELERS ORGANIZATION, LLC 401(K) PLAN (2024) Form 5500
Creator: INDEPENDENT JEWELERS ORGANIZATION, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDEPENDENT JEWELERS ORGANIZATION, LLC 401(K) PLAN, INDEPENDENT JEWELERS ORGANIZATION, LLC

INDEPENDENT JEWELERS ORGANIZATION, LLCEIN 32-0283211Plan #002PY 2024

136 OLD POST ROAD - SOUTHPORT, CT 06890800-624-9252ijo.comLinkedIn11-50 employeesmarketing and advertising

Other plans on this EIN

1 filing

#001Retirement-$4.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+18.0% from 2023

Total participants

-12.5% from 2023

Average account balance

$179,875

+1.1% from 2023

Annual return

13.71%

-4.50 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J2R3D

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.
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

$86K

$7831 / participant

Other / not subdivided$86K100.0%

% of EOY assets

3.421%

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

$179,875

$160,028+12.4%

$147,080+22.3%

$145,884+23.3%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

13.71%

98.60%-84.9pp

420.17%-406.5pp

551.85%-538.1pp

Employer contribution / active EE

$9,121

$5,286+72.6%

$4,933+84.9%

$4,662+95.6%

Participant deferral / active EE

$6,946

$8,422-17.5%

$8,066-13.9%

$6,690+3.8%

Admin fee / account holder

$6,153

$15,030-59.1%

$12,989-52.6%

$13,392-54.1%

INDEPENDENT JEWELERS ORGANIZATION, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDEPENDENT JEWELERS ORGANIZATION, LLC 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