Retirement plan

CALZEDONIA USA, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: CALZEDONIA USA, INC. - CALZEDONIA USA, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: CALZEDONIA USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALZEDONIA USA, INC. 401(K) PROFIT SHARING PLAN AND TRUST, CALZEDONIA USA, INC.

CALZEDONIA USA, INC.EIN 38-3988701Plan #001PY 2024

350 5TH AVE, FLOOR 41 - NEW YORK, NY 10118917-664-8236LinkedIn1-10 employeestelecommunications

Prospect flagsHigh retiree %Low assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.1M

+40.0% from 2023

Total participants

616

-1.0% from 2023

Average account balance

$3,870

+33.3% from 2023

Annual return

14.12%

+3.17 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.10M

Not enough data

1 years with asset history on file

Average account balance

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

$4K

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.

543

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.

83.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$613K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$116

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4 years Service code 13 · EIN 42-0127290	Contract Administrator	$40,233
ALLIANCE PENSION CONSULTANTS, LLC3 years Filed as: ALLIANT INSURANCE SERVICES, INC. Service code 13 · EIN 33-0785439	Contract Administrator	$28,862

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$63K

$141 / participant

Contract admin$63K100.0%

% of EOY assets

2.987%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LILLING & COMPANY LLP
Auditor EIN: 133447681
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,870

$65,960-94.1%

$81,844-95.3%

$77,736-95.0%

Participation rate

83.6%

65.8%+17.8pp

72.4%+11.2pp

70.6%+13.0pp

Annual return

14.12%

26.64%-12.5pp

778.87%-764.8pp

31.26%-17.1pp

Employer contribution / active EE

$513

$2,375-78.4%

$2,916-82.4%

$2,728-81.2%

Participant deferral / active EE

$867

$3,505-75.3%

$4,323-80.0%

$4,651-81.4%

Admin fee / account holder

$116

$526-78.0%

$7,355-98.4%

$433-73.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4 years

Service code 13 · EIN 42-0127290

Contract Administrator

$40,233

ALLIANCE PENSION CONSULTANTS, LLC3 years

Filed as: ALLIANT INSURANCE SERVICES, INC.

Service code 13 · EIN 33-0785439

Contract Administrator

$28,862

CALZEDONIA USA, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALZEDONIA USA, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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