Retirement plan

ZONE & CO 401(K) P/S PLAN

Name: ZONE & COMPANY SOFTWARE CONSULTING LLC - ZONE & CO 401(K) P/S PLAN (2024) Form 5500
Creator: ZONE & COMPANY SOFTWARE CONSULTING LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZONE & CO 401(K) P/S PLAN, ZONE & COMPANY SOFTWARE CONSULTING LLC

ZONE & COMPANY SOFTWARE CONSULTING LLCEIN 46-2031056Plan #001PY 2024

800 BOYLSTON ST FL 16 - BOSTON, MA 02199617-203-6748

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.3M

+30.5% from 2023

Total participants

181

+2.8% from 2023

Average account balance

$40,583

+26.9% from 2023

Annual return

23.61%

-2.03 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.35M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

181

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

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+23.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEWFRONT RETIREMENT SERVICES INC2 years Service code 27 · EIN 80-0833114	Advisory (Plan)	$18,642
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$6,677

Plan features & details

Pension benefit codes2G2J2T3B2E3D2R2F

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$25K

$198 / participant

Recordkeeping$7K26.4%
Investment mgmt$19K73.6%

% of EOY assets

0.345%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BRITT & COMPANY CPA LLC
Auditor EIN: 450604529
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,583

$101,653-60.1%

$147,080-72.4%

$74,459-45.5%

Participation rate

100.0%

75.6%+24.4pp

82.2%+17.8pp

67.2%+32.8pp

Annual return

23.61%

8754.98%-8731.4pp

420.17%-396.6pp

1369.70%-1346.1pp

Employer contribution / active EE

$5,116

$3,813+34.2%

$4,933+3.7%

$2,626+94.8%

Participant deferral / active EE

$10,230

$7,304+40.0%

$8,066+26.8%

$4,350+135.2%

Admin fee / account holder

$140

$1,752-92.0%

$12,989-98.9%

$1,945-92.8%

Provider

Service type

Compensation

NEWFRONT RETIREMENT SERVICES INC2 years

Service code 27 · EIN 80-0833114

Advisory (Plan)

$18,642

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$6,677

ZONE & CO 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZONE & CO 401(K) P/S 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