Retirement plan

HANTZMON WIEBEL LLP PROFIT SHARING PLAN

Name: HANTZMON WIEBEL LLP - HANTZMON WIEBEL LLP PROFIT SHARING PLAN (2024) Form 5500
Creator: HANTZMON WIEBEL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HANTZMON WIEBEL LLP PROFIT SHARING PLAN, HANTZMON WIEBEL LLP

HANTZMON WIEBEL LLPEIN 54-0618213Plan #001PY 2024

P. O. BOX 1408 - CHARLOTTESVILLE, VA 229021408434-296-2156hantzmonwiebel.comLinkedIn51-200 employeesaccounting

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$34.5M

+9.0% from 2023

Total participants

147

-0.7% from 2023

Average account balance

$247,993

+16.1% from 2023

Annual return

10.19%

-4.95 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.47M

Not enough data

1 years with asset history on file

Average account balance

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

$248K

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.

139

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.

91.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+10.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$562

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 3 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV2 years Filed as: NORTHWESTERN MUTUAL WEALTH MGMNT CO Service code 99	Other Fees	$35,000
ACTUARIAL BENEFITS & DESIGN COMPANY2 years Service code 49 · EIN 54-1521351 1523 HUGUENOT ROAD · MIDLOTHIAN, VA 23113	Other Services	$575
NORTHWESTERN MUTUAL INVESTMENT SERV2 years Filed as: NORTHWESTERN MUTUAL WEALTH MGMT. Service code 99 · EIN 39-2018056	Other Fees	$0

Plan features & details

Pension benefit codes2A2E2J2K

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$78K

$849 / participant

Investment mgmt$35K44.8%
Contract admin$34K44.1%
Other / not subdivided$9K11.1%

% of EOY assets

0.227%

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: CHARLES W. SNADER. P.C.
Auditor EIN: 541873714
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$247,993

$102,385+142.2%

$147,080+68.6%

$80,935+206.4%

Participation rate

91.3%

75.9%+15.4pp

82.2%+9.1pp

67.7%+23.6pp

Annual return

10.19%

135.09%-124.9pp

420.17%-410.0pp

35.66%-25.5pp

Employer contribution / active EE

$8,192

$3,717+120.4%

$4,933+66.1%

$2,757+197.2%

Participant deferral / active EE

$7,140

$6,651+7.4%

$8,066-11.5%

$4,299+66.1%

Admin fee / account holder

$562

$7,951-92.9%

$12,989-95.7%

$6,924-91.9%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV2 years

Filed as: NORTHWESTERN MUTUAL WEALTH MGMNT CO

Service code 99

Other Fees

$35,000

ACTUARIAL BENEFITS & DESIGN COMPANY2 years

Service code 49 · EIN 54-1521351

1523 HUGUENOT ROAD · MIDLOTHIAN, VA 23113

Other Services

$575

NORTHWESTERN MUTUAL INVESTMENT SERV2 years

Filed as: NORTHWESTERN MUTUAL WEALTH MGMT.

Service code 99 · EIN 39-2018056

Other Fees

HANTZMON WIEBEL LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HANTZMON WIEBEL LLP 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