Retirement plan

HOEFER WELKER, LLC 401(K) PLAN

Name: HOEFER WELKER, LLC - HOEFER WELKER, LLC 401(K) PLAN (2024) Form 5500
Creator: HOEFER WELKER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOEFER WELKER, LLC 401(K) PLAN, HOEFER WELKER, LLC

HOEFER WELKER, LLCEIN 36-4095388Plan #001PY 2024

4622 PENNSYLVANIA AVENUE, SUITE 1400 - KANSAS CITY, MO 64112913-307-3700hoeferwelker.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.7M

+15.9% from 2023

Total participants

212

-7.0% from 2023

Average account balance

$79,736

+24.2% from 2023

Annual return

17.37%

+0.42 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.74M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

210

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MARINER LLC6 years Filed as: MARINER WEALTH ADVISORS Service code 26 · EIN 20-4553256	Advisory (Participants)	$38,894
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$18,505
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Float revenue; Securities brokerage; ...	$104

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B3D3H

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).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$57K

$363 / participant

Recordkeeping$19K32.2%
Investment mgmt$39K67.8%

% of EOY assets

0.343%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBINBROWN LLP
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,736

$101,591-21.5%

$147,096-45.8%

$74,429+7.1%

Participation rate

98.7%

75.5%+23.2pp

82.2%+16.6pp

67.2%+31.5pp

Annual return

17.37%

8746.45%-8729.1pp

419.75%-402.4pp

1368.38%-1351.0pp

Employer contribution / active EE

$2,939

$3,813-22.9%

$4,936-40.5%

$2,625+12.0%

Participant deferral / active EE

$6,325

$7,302-13.4%

$8,071-21.6%

$4,348+45.5%

Admin fee / account holder

$273

$1,750-84.4%

$13,005-97.9%

$1,944-85.9%

Provider

Service type

Compensation

MARINER LLC6 years

Filed as: MARINER WEALTH ADVISORS

Service code 26 · EIN 20-4553256

Advisory (Participants)

$38,894

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$18,505

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Float revenue; Securities brokerage; ...

$104

HOEFER WELKER, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOEFER WELKER, LLC 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