Retirement plan

JAYE E. BENJAMIN 401(K)

Name: JAYE E. BENJAMIN BENJAMIN PROFIT SHARING PLAN - JAYE E. BENJAMIN 401(K) (2024) Form 5500
Creator: JAYE E. BENJAMIN BENJAMIN PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAYE E. BENJAMIN 401(K), JAYE E. BENJAMIN BENJAMIN PROFIT SHARING PLAN

JAYE E. BENJAMIN BENJAMIN PROFIT SHARING PLANEIN 34-1368397Plan #003PY 2024

36060 EUCLID AVENUE STE202 - WILLOUGHBY, OH 44094440-942-4226

Other plans on this EIN

1 filing

#001Retirement-$135K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1M

+14.6% from 2023

Total participants

-14.3% from 2023

Average account balance

$170,027

+14.6% from 2023

Annual return

10.32%

-1.74 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.02M

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$998

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 codes2J

Plan features

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

$6K

$1197 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.587%

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

$170,027

$183,539-7.4%

$155,556+9.3%

$145,897+16.5%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

10.32%

61.31%-51.0pp

64.84%-54.5pp

552.29%-542.0pp

Employer contribution / active EE

$1,621

$5,315-69.5%

$4,675-65.3%

$4,663-65.2%

Participant deferral / active EE

$6,000

$6,467-7.2%

$5,631+6.6%

$6,689-10.3%

Admin fee / account holder

$998

$19,275-94.8%

$15,885-93.7%

$13,390-92.5%

JAYE E. BENJAMIN 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAYE E. BENJAMIN 401(K)

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