Retirement plan

GREENSFELDER, HEMKER & GALE, P.C. PROFIT-SHARING AND 401(K) PLAN

Name: GREENSFELDER, HEMKER & GALE, P.C. - GREENSFELDER, HEMKER & GALE, P.C. PROFIT-SHARING AND 401(K) PLAN (2024) Form 5500
Creator: GREENSFELDER, HEMKER & GALE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENSFELDER, HEMKER & GALE, P.C. PROFIT-SHARING AND 401(K) PLAN, GREENSFELDER, HEMKER & GALE, P.C.

GREENSFELDER, HEMKER & GALE, P.C.EIN 43-1313567Plan #002PY 2024

10 SOUTH BROADWAY, SUITE 2000 - ST. LOUIS, MO 63102314-241-9090greensfelder.comLinkedIn201-500 employeeslaw practice

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$95.2M

+7.8% from 2023

Total participants

318

-5.6% from 2023

Average account balance

$299,456

+14.2% from 2023

Annual return

12.87%

-2.52 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-94.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$12K

$61 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KIEFER BONFANTI & CO. LLP
Auditor EIN: 431061959
Audit fees: $11,906
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$299,456

$101,653+194.6%

$147,080+103.6%

$74,459+302.2%

Participation rate

100.0%

75.6%+24.4pp

82.2%+17.8pp

67.2%+32.8pp

Annual return

12.87%

8754.98%-8742.1pp

420.17%-407.3pp

1369.70%-1356.8pp

Employer contribution / active EE

$12,039

$3,813+215.7%

$4,933+144.0%

$2,626+358.5%

Participant deferral / active EE

$13,079

$7,304+79.1%

$8,066+62.1%

$4,350+200.7%

Admin fee / account holder

$37

$1,752-97.9%

$12,989-99.7%

$1,945-98.1%

GREENSFELDER, HEMKER & GALE, P.C. PROFIT-SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENSFELDER, HEMKER & GALE, P.C. PROFIT-SHARING AND 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