Retirement plan

ENGELHARDT ENTERPRISES, INC. 401(K) PLAN

Name: ENGELHARDT ENTERPRISES, INC. - ENGELHARDT ENTERPRISES, INC. 401(K) PLAN (2023) Form 5500
Creator: ENGELHARDT ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENGELHARDT ENTERPRISES, INC. 401(K) PLAN, ENGELHARDT ENTERPRISES, INC.

ENGELHARDT ENTERPRISES, INC.EIN 36-4055514Plan #003PY 2023

710 BRADWELL ROAD - INVENESS, IL 600105601847-277-7070gearmaker.comLinkedIn1-10 employeesmarketing and advertising

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$228K

+24.0% from 2022

Total participants

0.0% from 2022

Average account balance

$114,158

+86.1% from 2022

Annual return

2.31%

+2.25 pp from 2022

Benchmarks

See 22,632 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,632 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$317K

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$79K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+4.41%

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 codes2G2J3D

Plan features

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$114,158

$110,240+3.6%

$96,544+18.2%

$139,487-18.2%

Participation rate

66.7%

78.1%-11.5pp

76.0%-9.3pp

80.3%-13.7pp

Annual return

2.31%

26.41%-24.1pp

25.88%-23.6pp

373.84%-371.5pp

Employer contribution / active EE

$13,333

$3,622+268.1%

$2,966+349.5%

$4,755+180.4%

Participant deferral / active EE

$5,549-100.0%

$4,851-100.0%

$6,713-100.0%

Admin fee / account holder

$11,602-100.0%

$8,254-100.0%

$11,407-100.0%

ENGELHARDT ENTERPRISES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ENGELHARDT ENTERPRISES, INC. 401(K) 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