Retirement plan

STUART MARTIN COUNTY CHAMBER OF COMMERCE 401 (K) PLAN

Name: STUART MARTIN COUNTY CHAMBER OF COMMERCE, INC. - STUART MARTIN COUNTY CHAMBER OF COMMERCE 401 (K) PLAN (2022) Form 5500
Creator: STUART MARTIN COUNTY CHAMBER OF COMMERCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STUART MARTIN COUNTY CHAMBER OF COMMERCE 401 (K) PLAN, STUART MARTIN COUNTY CHAMBER OF COMMERCE, INC.

STUART MARTIN COUNTY CHAMBER OF COMMERCE, INC.EIN 59-0684483Plan #002PY 2022

1650 SOUTH KANNER HIGHWAY - STUART, FL 34994772-287-1088stuartmartinchamber.orgLinkedIn1-10 employeescivic & social organization

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$897K

-14.4% from 2021

Total participants

0.0% from 2021

Average account balance

$99,612

-14.4% from 2021

Annual return

-18.14%

-38.20 pp from 2021

Benchmarks

See 39,349 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,349 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+9.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$733

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 codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$99,612

$92,707+7.4%

$82,726+20.4%

$134,493-25.9%

Participation rate

100.0%

75.2%+24.8pp

72.6%+27.4pp

81.2%+18.8pp

Annual return

-18.14%

945.12%-963.3pp

701.33%-719.5pp

418.01%-436.2pp

Employer contribution / active EE

$6,496

$3,274+98.4%

$3,009+115.9%

$4,740+37.1%

Participant deferral / active EE

$3,183

$4,801-33.7%

$4,394-27.6%

$6,400-50.3%

Admin fee / account holder

$5,980-100.0%

$5,328-100.0%

$11,425-100.0%

STUART MARTIN COUNTY CHAMBER OF COMMERCE 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

STUART MARTIN COUNTY CHAMBER OF COMMERCE 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion