Retirement plan

O'KEEFE & ASSOCIATES CONSULTING LLC 401(K) PLAN

Name: O'KEEFE AND ASSOCIATES CONSULTING LLC - O'KEEFE & ASSOCIATES CONSULTING LLC 401(K) PLAN (2023) Form 5500
Creator: O'KEEFE AND ASSOCIATES CONSULTING LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, O'KEEFE & ASSOCIATES CONSULTING LLC 401(K) PLAN, O'KEEFE AND ASSOCIATES CONSULTING LLC

O'KEEFE AND ASSOCIATES CONSULTING LLCEIN 38-3574648Plan #001PY 2023

2 LONE PINE RD - BLOOMFIELD HILLS, MI 483043535248-593-4810

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.4M

-23.9% from 2022

Total participants

0.0% from 2022

Average account balance

$123,757

-27.9% from 2022

Annual return

10.35%

+22.20 pp from 2022

Benchmarks

See 139,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,766 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

135.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$377K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+11.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5485

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 codes2E2F2G2J2T3D

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.
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.
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

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

$1.4M

$93755 / participant

Other / not subdivided$1M100.0%

% of EOY assets

59.808%

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

$123,757

$148,623-16.7%

$135,974-9.0%

$139,466-11.3%

Participation rate

93.3%

83.9%+9.5pp

81.9%+11.4pp

80.3%+13.0pp

Annual return

10.35%

79.30%-68.9pp

68.30%-58.0pp

373.66%-363.3pp

Employer contribution / active EE

$5,785

$5,246+10.3%

$4,859+19.1%

$4,754+21.7%

Participant deferral / active EE

$17,387

$8,103+114.6%

$7,760+124.1%

$6,712+159.0%

Admin fee / account holder

$74,017

$12,406+496.6%

$10,767+587.5%

$11,409+548.8%

O'KEEFE & ASSOCIATES CONSULTING LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

O'KEEFE & ASSOCIATES CONSULTING 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