Retirement plan

EICKHOFF ENTERPRISES, INC. 401(K) RETIREMENT PLAN

Name: EICKHOFF ENTERPRISES, INC - EICKHOFF ENTERPRISES, INC. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: EICKHOFF ENTERPRISES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EICKHOFF ENTERPRISES, INC. 401(K) RETIREMENT PLAN, EICKHOFF ENTERPRISES, INC

EICKHOFF ENTERPRISES, INCEIN 41-1529168Plan #001PY 2024

615 KATHRYN AVE - MARSHALL, MN 56258507-537-0919LinkedIn1-10 employeestransportation/trucking/railroad

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+8.7% from 2023

Total participants

-5.9% from 2023

Average account balance

$73,963

No prior year

Annual return

11.35%

-3.20 pp from 2023

Benchmarks

See 4,585 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,585 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.29M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4331

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 codes2G2J

Plan features

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.

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

$134K

$4331 / participant

Other / not subdivided$134K100.0%

% of EOY assets

5.855%

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

$73,963

$55,902+32.3%

$76,030-2.7%

$80,959-8.6%

Participation rate

96.8%

62.1%+34.7pp

69.1%+27.7pp

67.7%+29.1pp

Annual return

11.35%

20.59%-9.2pp

361.54%-350.2pp

35.67%-24.3pp

Employer contribution / active EE

$544

$1,867-70.9%

$2,688-79.8%

$2,757-80.3%

Participant deferral / active EE

$1,250

$3,051-59.0%

$4,257-70.6%

$4,300-70.9%

Admin fee / account holder

$4,331

$5,239-17.3%

$6,421-32.6%

$6,925-37.5%

EICKHOFF ENTERPRISES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EICKHOFF ENTERPRISES, INC. 401(K) RETIREMENT 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