Retirement plan

HORIZONENTERPRISES LLC DBA FIRE RECOVERY 401K PLAN

Name: HORIZONENTERPRISES LLC DBA FIRE RECOVERY - HORIZONENTERPRISES LLC DBA FIRE RECOVERY 401K PLAN (2024) Form 5500
Creator: HORIZONENTERPRISES LLC DBA FIRE RECOVERY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HORIZONENTERPRISES LLC DBA FIRE RECOVERY 401K PLAN, HORIZONENTERPRISES LLC DBA FIRE RECOVERY

HORIZONENTERPRISES LLC DBA FIRE RECOVERYEIN 45-0650901Plan #001PY 2024

W62N244 WASHINGTON AVENUE, SUITE 102 - CEDARBURG, WI 53012262-308-4915

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$153K

+35.5% from 2023

Total participants

-10.0% from 2023

Average account balance

$17,036

+50.6% from 2023

Annual return

19.75%

+19.79 pp from 2023

Benchmarks

See 54,965 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,965 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$153K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

225.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1568

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 codes2E2F2G2J2T3D

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

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

$14K

$3529 / participant

Other / not subdivided$14K100.0%

% of EOY assets

9.206%

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

$17,036

$111,814-84.8%

$103,374-83.5%

$145,959-88.3%

Participation rate

100.0%

77.9%+22.1pp

74.5%+25.5pp

80.3%+19.7pp

Annual return

19.75%

24.77%-5.0pp

24.89%-5.1pp

561.95%-542.2pp

Employer contribution / active EE

$2,798

$4,214-33.6%

$3,869-27.7%

$4,661-40.0%

Participant deferral / active EE

$4,765

$5,618-15.2%

$5,058-5.8%

$6,689-28.8%

Admin fee / account holder

$1,568

$9,754-83.9%

$8,394-81.3%

$13,398-88.3%

HORIZONENTERPRISES LLC DBA FIRE RECOVERY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HORIZONENTERPRISES LLC DBA FIRE RECOVERY 401K 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