Retirement plan

OJO CALIENTE HOLDINGS, INC. 401(K) PROFIT SHARING PLAN

Name: OJO CALIENTE HOLDINGS, INC. - OJO CALIENTE HOLDINGS, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: OJO CALIENTE HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OJO CALIENTE HOLDINGS, INC. 401(K) PROFIT SHARING PLAN, OJO CALIENTE HOLDINGS, INC.

OJO CALIENTE HOLDINGS, INC.EIN 56-2569409Plan #002PY 2023

OJO CALIENTE MINERAL SPRINGS, PO BOX 68 - OJO CALIENTE, NM 87549505-583-2233

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.9M

+27.0% from 2022

Total participants

214

+15.1% from 2022

Average account balance

$21,603

+11.9% from 2022

Annual return

16.57%

+31.87 pp from 2022

Benchmarks

See 1,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,917 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.41M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

145

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.

51.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$546K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$344

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
PENSION ASSURANCE LLP5 years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 99 · EIN 85-0402842 6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110	Other Fees	$22,023
WRIGHT FORD YOUNG & CO5 years Filed as: WRIGHT, MOORE, DEHART, DUPUIS & Service code 10 HUTCHINSON, LLC · LAFAYETTE, LA 70598	Accounting	$20,650
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 27 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Advisory (Plan)	$7,645

Plan features & details

Pension benefit codes2J2K3D3H

Plan features

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$50K

$345 / participant

Investment mgmt$8K15.2%
Contract admin$43K84.8%

% of EOY assets

1.725%

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: WRIGHT,MOORE,DEHART,DUPUIS&HUTCHINS
Auditor EIN: 721108576
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,603

$58,312-63.0%

$86,656-75.1%

$71,529-69.8%

Participation rate

45.9%

65.0%-19.1pp

71.7%-25.8pp

67.9%-22.0pp

Annual return

16.57%

24.08%-7.5pp

593.09%-576.5pp

28.97%-12.4pp

Employer contribution / active EE

$1,006

$2,576-61.0%

$3,025-66.8%

$2,590-61.2%

Participant deferral / active EE

$2,012

$3,439-41.5%

$4,439-54.7%

$4,291-53.1%

Admin fee / account holder

$373

$1,057-64.7%

$5,619-93.4%

$1,588-76.5%

Provider

Service type

Compensation

PENSION ASSURANCE LLP5 years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 99 · EIN 85-0402842

6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110

Other Fees

$22,023

WRIGHT FORD YOUNG & CO5 years

Filed as: WRIGHT, MOORE, DEHART, DUPUIS &

Service code 10

HUTCHINSON, LLC · LAFAYETTE, LA 70598

Accounting

$20,650

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH

Service code 27 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Advisory (Plan)

$7,645

OJO CALIENTE HOLDINGS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OJO CALIENTE HOLDINGS, 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