Retirement plan

LARRY T WEISS CO INC EMPLOYEES PROFIT SHARING PLAN

Name: LARRY T WEISS CO IN EMPLOYEES PROFIT SHARING PLAN - LARRY T WEISS CO INC EMPLOYEES PROFIT SHARING PLAN (2024) Form 5500
Creator: LARRY T WEISS CO IN EMPLOYEES PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LARRY T WEISS CO INC EMPLOYEES PROFIT SHARING PLAN, LARRY T WEISS CO IN EMPLOYEES PROFIT SHARING PLAN

LARRY T WEISS CO IN EMPLOYEES PROFIT SHARING PLANEIN 52-1034377Plan #001PY 2024

7011 TROY HILL DR - ELKRIDGE, MD 210757036410-379-0900

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.1M

-28.7% from 2023

Total participants

+8.6% from 2023

Average account balance

$106,701

-34.3% from 2023

Annual return

14.15%

-4.34 pp from 2023

Benchmarks

See 10,657 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,657 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.05M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

135.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$152K

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

+14.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68179

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 codes2E2T2J

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.
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.

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

$2.6M

$92528 / participant

Other / not subdivided$3M100.0%

% of EOY assets

63.897%

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

$106,701

$58,275+83.1%

$81,844+30.4%

$80,935+31.8%

Participation rate

100.0%

63.5%+36.5pp

72.4%+27.6pp

67.7%+32.3pp

Annual return

14.15%

41.82%-27.7pp

778.87%-764.7pp

35.66%-21.5pp

Employer contribution / active EE

$3,633

$2,346+54.9%

$2,916+24.6%

$2,757+31.8%

Participant deferral / active EE

$1,798

$3,285-45.3%

$4,323-58.4%

$4,299-58.2%

Admin fee / account holder

$68,179

$4,749+1335.7%

$7,355+826.9%

$6,924+884.6%

LARRY T WEISS CO INC EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LARRY T WEISS CO INC EMPLOYEES 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