Retirement plan

JACKSON, THOMASON, WELDER & ARTHURS, INC. 401(K) PLAN

Name: JACKSON, THOMASON, WELDER & ARTHURS, INC. - JACKSON, THOMASON, WELDER & ARTHURS, INC. 401(K) PLAN (2023) Form 5500
Creator: JACKSON, THOMASON, WELDER & ARTHURS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JACKSON, THOMASON, WELDER & ARTHURS, INC. 401(K) PLAN, JACKSON, THOMASON, WELDER & ARTHURS, INC.

JACKSON, THOMASON, WELDER & ARTHURS, INC.EIN 45-3339872Plan #001PY 2023

400 EAST BROADWAY AVE., SUITE 51 - BISMARCK, ND 58501701-751-4847

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$458K

+41.8% from 2022

Total participants

+25.0% from 2022

Average account balance

$50,858

+10.3% from 2022

Annual return

22.74%

+44.52 pp from 2022

Benchmarks

See 139,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,766 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$535K

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$63K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8970

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$484 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.846%

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

$50,858

$148,623-65.8%

$135,974-62.6%

$139,466-63.5%

Participation rate

87.5%

83.9%+3.6pp

81.9%+5.6pp

80.3%+7.2pp

Annual return

22.74%

79.30%-56.6pp

68.30%-45.6pp

373.66%-350.9pp

Employer contribution / active EE

$1,400

$5,246-73.3%

$4,859-71.2%

$4,754-70.6%

Participant deferral / active EE

$6,276

$8,103-22.5%

$7,760-19.1%

$6,712-6.5%

Admin fee / account holder

$430

$12,406-96.5%

$10,767-96.0%

$11,409-96.2%

JACKSON, THOMASON, WELDER & ARTHURS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JACKSON, THOMASON, WELDER & ARTHURS, INC. 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