Retirement plan

AARAV SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

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

AARAV SOLUTIONS, INC.EIN 46-4274282Plan #001PY 2024

33 WOOD AVENUE SOUTH, SUITE 600 - ISELIN, NJ 08817732-476-5416aaravsolutions.comLinkedIn201-500 employeescomputer software

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$474K

+67.0% from 2023

Total participants

+18.2% from 2023

Average account balance

$39,519

+53.1% from 2023

Annual return

9.72%

+12.01 pp from 2023

Benchmarks

See 19,366 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,366 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$474K

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$163K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$214

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 codes2E2J

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$3K

$107 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.542%

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

$39,519

$100,203-60.6%

$85,240-53.6%

$145,897-72.9%

Participation rate

41.7%

74.1%-32.4pp

67.5%-25.9pp

80.3%-38.6pp

Annual return

9.72%

84.28%-74.6pp

66.75%-57.0pp

552.29%-542.6pp

Employer contribution / active EE

$965

$3,242-70.2%

$2,735-64.7%

$4,663-79.3%

Participant deferral / active EE

$5,812

$5,299+9.7%

$4,527+28.4%

$6,689-13.1%

Admin fee / account holder

$214

$7,265-97.1%

$6,165-96.5%

$13,390-98.4%

AARAV SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AARAV SOLUTIONS, 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