Retirement plan

SIKORSKI WEALTH MANAGEMENT GROUP, LTD PROFIT SHARING PLAN

Name: SIKORSKI WEALTH MANAGEMENT GROUP, LTD - SIKORSKI WEALTH MANAGEMENT GROUP, LTD PROFIT SHARING PLAN (2020) Form 5500
Creator: SIKORSKI WEALTH MANAGEMENT GROUP, LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIKORSKI WEALTH MANAGEMENT GROUP, LTD PROFIT SHARING PLAN, SIKORSKI WEALTH MANAGEMENT GROUP, LTD

SIKORSKI WEALTH MANAGEMENT GROUP, LTDEIN 35-1944897Plan #001PY 2020

203 E. JEFFERSON STREET - VALPARAISO, IN 46383219-548-3200sikorskiwealth.comLinkedIn1-10 employeesfinancial services

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$953K

+23.6% from 2019

Total participants

0.0% from 2019

Average account balance

$317,529

+23.6% from 2019

Annual return

15.04%

-6.80 pp from 2019

Benchmarks

See 32,149 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,149 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.52M

Not enough data

1 years with asset history on file

Average account balance

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

$508K

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

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+10.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$66025

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 codes2E2J2G3D

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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$317,529

$197,637+60.7%

$177,848+78.5%

$158,982+99.7%

Participation rate

100.0%

88.5%+11.5pp

87.7%+12.3pp

82.0%+18.0pp

Annual return

15.04%

58.77%-43.7pp

48.33%-33.3pp

302.99%-287.9pp

Employer contribution / active EE

$12,607

$6,698+88.2%

$5,919+113.0%

$4,763+164.7%

Participant deferral / active EE

$9,367

$8,405+11.4%

$7,714+21.4%

$5,983+56.5%

Admin fee / account holder

$15,406-100.0%

$12,431-100.0%

$11,252-100.0%

SIKORSKI WEALTH MANAGEMENT GROUP, LTD PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SIKORSKI WEALTH MANAGEMENT GROUP, LTD PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion