Retirement plan

HOSTAK, HENZL & BICHLER S.C. EMPLOYEE PROFIT SHARING BENEFIT PLAN

Name: HOSTAK, HENZL & BICHLER S.C. - HOSTAK, HENZL & BICHLER S.C. EMPLOYEE PROFIT SHARING BENEFIT PLAN (2024) Form 5500
Creator: HOSTAK, HENZL & BICHLER S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOSTAK, HENZL & BICHLER S.C. EMPLOYEE PROFIT SHARING BENEFIT PLAN, HOSTAK, HENZL & BICHLER S.C.

HOSTAK, HENZL & BICHLER S.C.EIN 39-1211424Plan #001PY 2024

840 LAKE AVENUE - RACINE, WI 53403262-632-7541LinkedIn11-50 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$9.5M

-1.2% from 2023

Total participants

0.0% from 2023

Average account balance

$527,158

+4.3% from 2023

Annual return

13.85%

-4.24 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.49M

Not enough data

1 years with asset history on file

Average account balance

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

$527K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$199K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93195

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 codes2E2G2J2F2T3D

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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.7M

$119822 / participant

Other / not subdivided$2M100.0%

% of EOY assets

17.679%

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

$527,158

$160,028+229.4%

$147,080+258.4%

$145,884+261.4%

Participation rate

92.9%

84.0%+8.8pp

82.2%+10.7pp

80.3%+12.6pp

Annual return

13.85%

98.60%-84.7pp

420.17%-406.3pp

551.85%-538.0pp

Employer contribution / active EE

$2,216

$5,286-58.1%

$4,933-55.1%

$4,662-52.5%

Participant deferral / active EE

$12,001

$8,422+42.5%

$8,066+48.8%

$6,690+79.4%

Admin fee / account holder

$93,195

$15,030+520.1%

$12,989+617.5%

$13,392+595.9%

HOSTAK, HENZL & BICHLER S.C. EMPLOYEE PROFIT SHARING BENEFIT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOSTAK, HENZL & BICHLER S.C. EMPLOYEE PROFIT SHARING BENEFIT 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