Retirement plan

THE EMPLOYER'S CHOICE, INC. 401(K) PROFIT SHARING PLAN

Name: THE EMPLOYER'S CHOICE, INC. - THE EMPLOYER'S CHOICE, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: THE EMPLOYER'S CHOICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE EMPLOYER'S CHOICE, INC. 401(K) PROFIT SHARING PLAN, THE EMPLOYER'S CHOICE, INC.

THE EMPLOYER'S CHOICE, INC.EIN 45-2780282Plan #001PY 2024

650 EDGEWOOD DRIVE, SUITE 200 - MAUMELLE, AR 72113501-851-4111

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$520K

+42.6% from 2023

Total participants

0.0% from 2023

Average account balance

$173,395

+42.6% from 2023

Annual return

16.15%

-3.62 pp from 2023

Benchmarks

See 19,410 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,410 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$607K

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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

$33K

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

+10.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1985

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$1841 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.062%

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

$173,395

$100,073+73.3%

$85,126+103.7%

$145,877+18.9%

Participation rate

100.0%

74.1%+25.9pp

67.5%+32.5pp

80.3%+19.7pp

Annual return

16.15%

84.11%-68.0pp

66.63%-50.5pp

551.28%-535.1pp

Employer contribution / active EE

$26,667

$3,236+724.0%

$2,731+876.3%

$4,663+471.9%

Participant deferral / active EE

$5,482

$5,294+3.6%

$4,523+21.2%

$6,691-18.1%

Admin fee / account holder

$1,841

$7,261-74.6%

$6,160-70.1%

$13,402-86.3%

THE EMPLOYER'S CHOICE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE EMPLOYER'S CHOICE, INC. 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