Retirement plan

STEPS LACROSSE, LLC SAFE HARBOR 401(K) PROFIT SHARING PLAN

Name: STEPS LACROSSE, LLC - STEPS LACROSSE, LLC SAFE HARBOR 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: STEPS LACROSSE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPS LACROSSE, LLC SAFE HARBOR 401(K) PROFIT SHARING PLAN, STEPS LACROSSE, LLC

STEPS LACROSSE, LLCEIN 41-2266230Plan #001PY 2024

11 RED OAK ROW - CHESTER, NJ 07930908-879-3938stepslacrosse.comLinkedIn1-10 employeessports

Other plans on this EIN

1 filing

#002Retirement-$2.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2M

+15.9% from 2023

Total participants

0.0% from 2023

Average account balance

$679,543

+15.9% from 2023

Annual return

8.65%

-4.11 pp from 2023

Benchmarks

See 10,220 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort10,220 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$680K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+8.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9650

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 codes2E2F2G2J3D

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.
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

$29K

$7238 / participant

Other / not subdivided$29K100.0%

% of EOY assets

1.420%

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

$679,543

$169,356+301.3%

$129,406+425.1%

$145,897+365.8%

Participation rate

75.0%

76.5%-1.5pp

69.6%+5.4pp

80.3%-5.3pp

Annual return

8.65%

14418.62%-14410.0pp

9468.18%-9459.5pp

552.29%-543.6pp

Employer contribution / active EE

$23,000

$5,542+315.0%

$4,155+453.5%

$4,663+393.3%

Participant deferral / active EE

$11,500

$4,987+130.6%

$4,167+176.0%

$6,689+71.9%

Admin fee / account holder

$9,650

$9,915-2.7%

$7,689+25.5%

$13,390-27.9%

STEPS LACROSSE, LLC SAFE HARBOR 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPS LACROSSE, LLC SAFE HARBOR 401(K) PROFIT SHARING 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