Retirement plan

HIGH POINT INTERNATIONAL 401(K) PLAN

Name: HIGH POINT INTERNATIONAL HOME FURNISHINGS MARKET AUTHORITY - HIGH POINT INTERNATIONAL 401(K) PLAN (2024) Form 5500
Creator: HIGH POINT INTERNATIONAL HOME FURNISHINGS MARKET AUTHORITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGH POINT INTERNATIONAL 401(K) PLAN, HIGH POINT INTERNATIONAL HOME FURNISHINGS MARKET AUTHORITY

HIGH POINT INTERNATIONAL HOME FURNISHINGS MARKET AUTHORITYEIN 56-2264074Plan #001PY 2024

164 SOUTH MAIN STREET, STE 700 - HIGH POINT, NC 27260336-869-1000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$756K

+37.5% from 2023

Total participants

0.0% from 2023

Average account balance

$50,423

+46.7% from 2023

Annual return

12.18%

-0.57 pp from 2023

Benchmarks

See 19,460 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,460 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$756K

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$177K

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

+12.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2790

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 codes2E2J2F2G3D2T

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

$42K

$2790 / participant

Other / not subdivided$42K100.0%

% of EOY assets

5.533%

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

$50,423

$99,921-49.5%

$85,009-40.7%

$145,959-65.5%

Participation rate

93.3%

74.1%+19.2pp

67.5%+25.8pp

80.3%+13.0pp

Annual return

12.18%

83.89%-71.7pp

66.47%-54.3pp

561.95%-549.8pp

Employer contribution / active EE

$3,359

$3,233+3.9%

$2,728+23.1%

$4,661-27.9%

Participant deferral / active EE

$8,465

$5,293+59.9%

$4,522+87.2%

$6,689+26.6%

Admin fee / account holder

$2,790

$7,252-61.5%

$6,153-54.7%

$13,398-79.2%

HIGH POINT INTERNATIONAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGH POINT INTERNATIONAL 401(K) 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