Retirement plan

BILL LEPPO INSURANCE AGENCY, INC. 401K PLAN

Name: BILL LEPPO INSURANCE AGENCY, INC. - BILL LEPPO INSURANCE AGENCY, INC. 401K PLAN (2023) Form 5500
Creator: BILL LEPPO INSURANCE AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BILL LEPPO INSURANCE AGENCY, INC. 401K PLAN, BILL LEPPO INSURANCE AGENCY, INC.

BILL LEPPO INSURANCE AGENCY, INC.EIN 45-3067170Plan #001PY 2023

2807 HIGHWAY 34 EAST - NEWNAN, GA 30265770-251-4031

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$88K

+157.1% from 2022

Total participants

0.0% from 2022

Average account balance

$17,576

+157.1% from 2022

Annual return

27.76%

+27.76 pp from 2022

Benchmarks

See 36,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,154 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$205K

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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

$56K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+19.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4591

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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$464

$77 / participant

Other / not subdivided$464100.0%

% of EOY assets

0.528%

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

$17,576

$185,905-90.5%

$170,057-89.7%

$139,487-87.4%

Participation rate

83.3%

87.8%-4.4pp

87.0%-3.7pp

80.3%+3.0pp

Annual return

27.76%

60.56%-32.8pp

53.42%-25.7pp

373.84%-346.1pp

Employer contribution / active EE

$1,637

$7,597-78.5%

$6,790-75.9%

$4,755-65.6%

Participant deferral / active EE

$5,732

$11,627-50.7%

$10,411-44.9%

$6,713-14.6%

Admin fee / account holder

$93

$15,397-99.4%

$12,826-99.3%

$11,407-99.2%

BILL LEPPO INSURANCE AGENCY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BILL LEPPO INSURANCE AGENCY, INC. 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