Retirement plan

MINDER PLUMBING, INC. PROFIT SHARING PLAN

Name: MINDER PLUMBING, INC. - MINDER PLUMBING, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: MINDER PLUMBING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINDER PLUMBING, INC. PROFIT SHARING PLAN, MINDER PLUMBING, INC.

MINDER PLUMBING, INC.EIN 43-1663181Plan #002PY 2023

P.O. BOX 720 - SMITHVILLE, MO 64089816-532-3094LinkedIn1-10 employeespharmaceuticals

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$723K

+33.1% from 2022

Total participants

0.0% from 2022

Average account balance

$38,064

+33.1% from 2022

Annual return

14.78%

+31.81 pp from 2022

Benchmarks

See 51,624 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,624 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.01M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1964

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 codes2E2F2G3D

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.
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

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

$6K

$419 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.869%

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

$38,064

$106,236-64.2%

$96,496-60.6%

$139,427-72.7%

Participation rate

93.3%

77.8%+15.5pp

74.3%+19.0pp

80.3%+13.0pp

Annual return

14.78%

38.43%-23.7pp

35.70%-20.9pp

373.27%-358.5pp

Employer contribution / active EE

$6,667

$4,104+62.4%

$3,738+78.4%

$4,752+40.3%

Participant deferral / active EE

$5,455-100.0%

$4,879-100.0%

$6,711-100.0%

Admin fee / account holder

$331

$7,879-95.8%

$6,731-95.1%

$11,404-97.1%

MINDER PLUMBING, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MINDER PLUMBING, INC. 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