Retirement plan

SOUTHWEST FIRE PROS 401(K) PROFIT SHARING PLAN AND TRUST

Name: SOUTHWEST PLUMBING & FIRE PROTECTION - SOUTHWEST FIRE PROS 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: SOUTHWEST PLUMBING & FIRE PROTECTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST FIRE PROS 401(K) PROFIT SHARING PLAN AND TRUST, SOUTHWEST PLUMBING & FIRE PROTECTION

SOUTHWEST PLUMBING & FIRE PROTECTIONEIN 47-3495980Plan #001PY 2024

31-410 RESERVE DRIVE, SUITE 2 - THOUSAND PALMS, CA 92276760-343-2233

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$149K

+50.2% from 2023

Total participants

-14.3% from 2023

Average account balance

$13,529

+50.2% from 2023

Annual return

10.07%

-9.93 pp from 2023

Benchmarks

See 19,390 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,390 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$149K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$422

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 codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$5K

$516 / participant

Other / not subdivided$5K100.0%

% of EOY assets

3.119%

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

$13,529

$100,139-86.5%

$85,187-84.1%

$145,884-90.7%

Participation rate

88.9%

74.1%+14.8pp

67.5%+21.4pp

80.3%+8.6pp

Annual return

10.07%

84.15%-74.1pp

66.67%-56.6pp

551.85%-541.8pp

Employer contribution / active EE

$2,135

$3,238-34.1%

$2,732-21.9%

$4,662-54.2%

Participant deferral / active EE

$2,798

$5,296-47.2%

$4,525-38.2%

$6,690-58.2%

Admin fee / account holder

$422

$7,262-94.2%

$6,162-93.2%

$13,392-96.8%

SOUTHWEST FIRE PROS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST FIRE PROS 401(K) PROFIT SHARING PLAN AND TRUST

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