Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SNYDER & BUTLER, CPAS, PLLC

Name: SNYDER & BUTLER, CPAS, PLLC - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SNYDER & BUTLER, CPAS, PLLC (2024) Form 5500
Creator: SNYDER & BUTLER, CPAS, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SNYDER & BUTLER, CPAS, PLLC, SNYDER & BUTLER, CPAS, PLLC

SNYDER & BUTLER, CPAS, PLLCEIN 47-2093877Plan #001PY 2024

1166 E WARNER RD STE 213 - GILBERT, AZ 852963066480-339-7147snyderbrowncpas.comLinkedIn1-10 employeesaccounting

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$96K

+58.1% from 2023

Total participants

0.0% from 2023

Average account balance

$32,130

+58.1% from 2023

Annual return

22.22%

+3.37 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$96K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+22.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G3D2J2T

Plan features

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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$32,130

$160,040-79.9%

$147,096-78.2%

$145,877-78.0%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

22.22%

98.49%-76.3pp

419.75%-397.5pp

551.28%-529.1pp

Employer contribution / active EE

$5,289-100.0%

$4,936-100.0%

$4,663-100.0%

Participant deferral / active EE

$10,938

$8,429+29.8%

$8,071+35.5%

$6,691+63.5%

Admin fee / account holder

$15,050-100.0%

$13,005-100.0%

$13,402-100.0%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SNYDER & BUTLER, CPAS, PLLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SNYDER & BUTLER, CPAS, PLLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion