Retirement plan

THE TRUSTEES OF BOLTE REAL ESTATE, INC. & BOLTE INSURANCE, INC. 401(K) & PROFIT SHARING PLAN

Name: BOLTE REAL ESTATE INC & BOLTE INSURANCE INC. - THE TRUSTEES OF BOLTE REAL ESTATE, INC. & BOLTE INSURANCE, INC. 401(K) & PROFIT SHARING PLAN (2024) Form 5500
Creator: BOLTE REAL ESTATE INC & BOLTE INSURANCE INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE TRUSTEES OF BOLTE REAL ESTATE, INC. & BOLTE INSURANCE, INC. 401(K) & PROFIT SHARING PLAN, BOLTE REAL ESTATE INC & BOLTE INSURANCE INC.

BOLTE REAL ESTATE INC & BOLTE INSURANCE INC.dba BOLTE INSURANCE, INC.EIN 34-1699686Plan #001PY 2024

134 EAST SECOND STREET - PORT CLINTON, OH 43452419-732-3111bolteinsurance.comLinkedIn1-10 employeesinsurance

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.2M

+19.1% from 2023

Total participants

+33.3% from 2023

Average account balance

$289,345

-10.7% from 2023

Annual return

13.92%

-5.23 pp from 2023

Benchmarks

See 37,167 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,167 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.16M

Not enough data

1 years with asset history on file

Average account balance

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

$289K

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

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1433

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 codes2E2G2J2R3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$6K

$1433 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.495%

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

$289,345

$201,264+43.8%

$184,185+57.1%

$145,978+98.2%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

13.92%

29.00%-15.1pp

28.81%-14.9pp

550.52%-536.6pp

Employer contribution / active EE

$3,652

$7,021-48.0%

$6,426-43.2%

$4,662-21.7%

Participant deferral / active EE

$8,955

$9,806-8.7%

$9,132-1.9%

$6,690+33.9%

Admin fee / account holder

$1,433

$16,376-91.2%

$13,909-89.7%

$13,400-89.3%

THE TRUSTEES OF BOLTE REAL ESTATE, INC. & BOLTE INSURANCE, INC. 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE TRUSTEES OF BOLTE REAL ESTATE, INC. & BOLTE INSURANCE, INC. 401(K) & 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