Retirement plan

HALLE ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN

Name: HALLE ENTERPRISES, INC. - HALLE ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: HALLE ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HALLE ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN, HALLE ENTERPRISES, INC.

HALLE ENTERPRISES, INC.EIN 52-0959143Plan #002PY 2022

2900 LINDEN LN STE 300 - SILVER SPRING, MD 209101265301-495-1520LinkedIn1-10 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$12.4M

-16.0% from 2021

Total participants

106

-4.5% from 2021

Average account balance

$125,343

-7.5% from 2021

Annual return

-12.55%

-23.52 pp from 2021

Benchmarks

See 3,973 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.23M

Not enough data

1 years with asset history on file

Average account balance

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

$180K

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.

136.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$592K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27559

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

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$17,705
BOONE, REGINALD D.2 years Service code 49 3822 PARK LAKE DR · ROCKVILLE, MD 208533200	Other Services	$15,404

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$18K

$233 / participant

Contract admin$18K100.0%

% of EOY assets

0.143%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APRIO LLP
Auditor EIN: 571157523
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$125,343

$69,012+81.6%

$160,009-21.7%

$68,486+83.0%

Participation rate

90.8%

65.4%+25.4pp

78.0%+12.8pp

67.9%+22.9pp

Annual return

-12.55%

-9.65%-2.9pp

408.85%-421.4pp

-7.85%-4.7pp

Employer contribution / active EE

$3,412

$2,212+54.2%

$4,225-19.2%

$2,597+31.4%

Participant deferral / active EE

$6,787

$4,212+61.1%

$6,183+9.8%

$4,028+68.5%

Admin fee / account holder

$179

$4,798-96.3%

$8,715-97.9%

$5,404-96.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$17,705

BOONE, REGINALD D.2 years

Service code 49

3822 PARK LAKE DR · ROCKVILLE, MD 208533200

Other Services

$15,404

HALLE ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HALLE ENTERPRISES, 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