Retirement plan

PROJECT HARMONY RETIREMENT PLAN

Name: PROJECT HARMONY - PROJECT HARMONY RETIREMENT PLAN (2024) Form 5500
Creator: PROJECT HARMONY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROJECT HARMONY RETIREMENT PLAN, PROJECT HARMONY

PROJECT HARMONYEIN 47-0789054Plan #002PY 2024

11949 Q STREET - OMAHA, NE 68137402-595-1326

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$6.2M

+20.3% from 2023

Total participants

149

-3.2% from 2023

Average account balance

$43,380

+27.0% from 2023

Annual return

16.21%

-10.45 pp from 2023

Benchmarks

See 5,993 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.25M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

144

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$920K

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

+16.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$212

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 4 by compensation

Provider	Service type	Compensation
EIDE BAILLY LLP1 year Filed as: EIDE BAILLY CPAS AND ADVISORS Service code 10 18081 BURT ST · OMAHA, NE 680224722	Accounting	$14,752
SECURITY NATIONAL BANK1 year Filed as: SECURITY NATIONAL BANK. Service code 27 1120 S 101 ST · OMAHA, NE 681241967	Advisory (Plan)	$7,520
ASCENSUS LLC1 year Service code 33 · EIN 11-3665754	Securities brokerage; Direct payment ...	$5,852
UNITED OF OMAHA4 years Service code 15 · EIN 47-0322111	Recordkeeping	$1,987

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

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

$31K

$286 / participant

Investment mgmt$8K26.1%
Contract admin$8K25.6%
Other / not subdivided$15K48.3%

% of EOY assets

0.489%

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: BLAND & ASSOCIATES, P,C,
Auditor EIN: 470698853
Audit fees: $14,753
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,380

$55,470-21.8%

$155,556-72.1%

$74,478-41.8%

Participation rate

95.3%

61.9%+33.4pp

78.2%+17.1pp

67.2%+28.1pp

Annual return

16.21%

269.80%-253.6pp

64.84%-48.6pp

1370.56%-1354.3pp

Employer contribution / active EE

$3,700

$2,267+63.2%

$4,675-20.9%

$2,626+40.9%

Participant deferral / active EE

$4,902

$2,838+72.7%

$5,631-12.9%

$4,350+12.7%

Admin fee / account holder

$212

$1,744-87.8%

$15,885-98.7%

$1,946-89.1%

Provider

Service type

Compensation

EIDE BAILLY LLP1 year

Filed as: EIDE BAILLY CPAS AND ADVISORS

Service code 10

18081 BURT ST · OMAHA, NE 680224722

Accounting

$14,752

SECURITY NATIONAL BANK1 year

Filed as: SECURITY NATIONAL BANK.

Service code 27

1120 S 101 ST · OMAHA, NE 681241967

Advisory (Plan)

$7,520

ASCENSUS LLC1 year

Service code 33 · EIN 11-3665754

Securities brokerage; Direct payment ...

$5,852

UNITED OF OMAHA4 years

Service code 15 · EIN 47-0322111

Recordkeeping

$1,987

PROJECT HARMONY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROJECT HARMONY RETIREMENT 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