Retirement plan

CETO AND ASSOCIATES CORPORATIO 401(K) PROFIT SHARING PLAN & TRUST

Name: CETO AND ASSOCIATES CORPORATIO - CETO AND ASSOCIATES CORPORATIO 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: CETO AND ASSOCIATES CORPORATIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CETO AND ASSOCIATES CORPORATIO 401(K) PROFIT SHARING PLAN & TRUST, CETO AND ASSOCIATES CORPORATIO

CETO AND ASSOCIATES CORPORATIOEIN 58-2143832Plan #004PY 2022

5210 AVALON BLVD - ALPHARETTA, GA 30009678-297-1151

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.9M

-19.3% from 2021

Total participants

-12.5% from 2021

Average account balance

$66,941

+5.2% from 2021

Annual return

-22.36%

-35.81 pp from 2021

Benchmarks

See 9,363 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,363 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.06M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

118

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.

113.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

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

+20.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6154

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 codes2E2F2G2J2T3D3H

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.
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

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

$412K

$11146 / participant

Other / not subdivided$412K100.0%

% of EOY assets

14.327%

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

$66,941

$54,355+23.2%

$82,744-19.1%

$68,486-2.3%

Participation rate

83.8%

63.9%+19.9pp

72.6%+11.2pp

67.9%+15.9pp

Annual return

-22.36%

-13.67%-8.7pp

702.22%-724.6pp

-7.85%-14.5pp

Employer contribution / active EE

$3,844

$2,219+73.3%

$3,008+27.8%

$2,597+48.1%

Participant deferral / active EE

$9,575

$3,246+194.9%

$4,395+117.9%

$4,028+137.7%

Admin fee / account holder

$9,590

$4,397+118.1%

$5,325+80.1%

$5,404+77.5%

CETO AND ASSOCIATES CORPORATIO 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CETO AND ASSOCIATES CORPORATIO 401(K) PROFIT SHARING PLAN & TRUST

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