Retirement plan

GLEN ELLYN VOLUNTEER FIRE COMPANY 401(K) PLAN

Name: GLEN ELLYN VOLUNTEER FIRE COMPANY - GLEN ELLYN VOLUNTEER FIRE COMPANY 401(K) PLAN (2024) Form 5500
Creator: GLEN ELLYN VOLUNTEER FIRE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLEN ELLYN VOLUNTEER FIRE COMPANY 401(K) PLAN, GLEN ELLYN VOLUNTEER FIRE COMPANY

GLEN ELLYN VOLUNTEER FIRE COMPANYEIN 36-6091920Plan #002PY 2024

524 PENNSYLVANIA AVENUE - GLEN ELLYN, IL 60137630-469-5265gefirerecruit.comLinkedIn51-200 employeespublic safety

Other plans on this EIN

1 filing

#001Retirement-$717K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$25K

+45.7% from 2023

Total participants

+50.0% from 2023

Average account balance

$8,235

-2.8% from 2023

Annual return

20.58%

-27.24 pp from 2023

Benchmarks

See 50,137 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,137 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25K

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+20.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3587

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 codes2G2J2E3D

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$11K

$5380 / participant

Other / not subdivided$11K100.0%

% of EOY assets

43.556%

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

$8,235

$88,710-90.7%

$81,783-89.9%

$145,959-94.4%

Participation rate

100.0%

75.0%+25.0pp

72.4%+27.6pp

80.3%+19.7pp

Annual return

20.58%

1027.26%-1006.7pp

775.05%-754.5pp

561.95%-541.4pp

Employer contribution / active EE

$6,155

$3,083+99.6%

$2,913+111.3%

$4,661+32.1%

Participant deferral / active EE

$1,255

$4,645-73.0%

$4,320-71.0%

$6,689-81.2%

Admin fee / account holder

$3,587

$8,407-57.3%

$7,380-51.4%

$13,398-73.2%

GLEN ELLYN VOLUNTEER FIRE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLEN ELLYN VOLUNTEER FIRE COMPANY 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