Retirement plan

JANSSEN AND SPAANS ENGINEERING, INC. EMPLOYEES' STOCK OWNERSHIP 401(K) PLAN

Name: JANSSEN AND SPAANS ENGINEERING, INC. - JANSSEN AND SPAANS ENGINEERING, INC. EMPLOYEES' STOCK OWNERSHIP 401(K) PLAN (2024) Form 5500
Creator: JANSSEN AND SPAANS ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JANSSEN AND SPAANS ENGINEERING, INC. EMPLOYEES' STOCK OWNERSHIP 401(K) PLAN, JANSSEN AND SPAANS ENGINEERING, INC.

JANSSEN AND SPAANS ENGINEERING, INC.EIN 35-1822431Plan #001PY 2024

9120 HARRISON PARK COURT - INDIANAPOLIS, IN 462162108317-254-9686

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$10.6M

+1.1% from 2023

Total participants

118

+9.3% from 2023

Average account balance

$89,659

-7.5% from 2023

Annual return

4.80%

-7.21 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.58M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

118

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

$494K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+4.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7472

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 codes2E2F2H2I2J2O2Q3I

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus 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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$882K

$20038 / participant

Other / not subdivided$882K100.0%

% of EOY assets

8.333%

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

$89,659

$102,385-12.4%

$147,080-39.0%

$80,935+10.8%

Participation rate

100.0%

75.9%+24.1pp

82.2%+17.8pp

67.7%+32.3pp

Annual return

4.80%

135.09%-130.3pp

420.17%-415.4pp

35.66%-30.9pp

Employer contribution / active EE

$3,854

$3,717+3.7%

$4,933-21.9%

$2,757+39.8%

Participant deferral / active EE

$7,377

$6,651+10.9%

$8,066-8.6%

$4,299+71.6%

Admin fee / account holder

$7,472

$7,951-6.0%

$12,989-42.5%

$6,924+7.9%

JANSSEN AND SPAANS ENGINEERING, INC. EMPLOYEES' STOCK OWNERSHIP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JANSSEN AND SPAANS ENGINEERING, INC. EMPLOYEES' STOCK OWNERSHIP 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