Retirement plan

NEUMILLER TRUCK & AUTO BODY 401K PLAN

Name: NEUMILLER TRUCK & AUTO BODY INC - NEUMILLER TRUCK & AUTO BODY 401K PLAN (2024) Form 5500
Creator: NEUMILLER TRUCK & AUTO BODY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEUMILLER TRUCK & AUTO BODY 401K PLAN, NEUMILLER TRUCK & AUTO BODY INC

NEUMILLER TRUCK & AUTO BODY INCEIN 46-0438384Plan #001PY 2024

3030 E HWY 44 - RAPID CITY, SD 57703605-342-0537neumillerautobody.comLinkedIn1-10 employeesautomotive

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$314K

+43.6% from 2023

Total participants

0.0% from 2023

Average account balance

$44,857

+43.6% from 2023

Annual return

12.62%

-7.24 pp from 2023

Benchmarks

See 49,870 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,870 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$314K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2E2J2F2G3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$140

$28 / participant

Other / not subdivided$140100.0%

% of EOY assets

0.045%

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

$44,857

$88,815-49.5%

$81,882-45.2%

$145,897-69.3%

Participation rate

80.0%

75.1%+4.9pp

72.4%+7.6pp

80.3%-0.3pp

Annual return

12.62%

1033.75%-1021.1pp

779.47%-766.9pp

552.29%-539.7pp

Employer contribution / active EE

$4,062

$3,086+31.6%

$2,916+39.3%

$4,663-12.9%

Participant deferral / active EE

$9,502

$4,647+104.5%

$4,323+119.8%

$6,689+42.0%

Admin fee / account holder

$20

$8,434-99.8%

$7,360-99.7%

$13,390-99.9%

NEUMILLER TRUCK & AUTO BODY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEUMILLER TRUCK & AUTO BODY 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