Retirement plan

TYSON, SCHWAB, SHORT & WEISS, PSC PROFIT SHARING PLAN AND TRUST

Name: TYSON, SCHWAB, SHORT & WEISS, PSC - TYSON, SCHWAB, SHORT & WEISS, PSC PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: TYSON, SCHWAB, SHORT & WEISS, PSC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TYSON, SCHWAB, SHORT & WEISS, PSC PROFIT SHARING PLAN AND TRUST, TYSON, SCHWAB, SHORT & WEISS, PSC

TYSON, SCHWAB, SHORT & WEISS, PSCEIN 61-0878231Plan #002PY 2023

1230 S. HURSTBOURNE PKWY, STE 210 - LOUISVILLE, KY 40222502-583-2731LinkedIn1-10 employeeshospital & health care

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$18.3M

-1.0% from 2022

Total participants

-7.7% from 2022

Average account balance

$797,385

+7.6% from 2022

Annual return

16.48%

+36.55 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$73

Not enough data

1 years with asset history on file

Average account balance

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

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$656K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2575327

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 codes2E2F2G2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4.0M

$251273 / participant

Other / not subdivided$4M100.0%

% of EOY assets

21.921%

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

$797,385

$175,231+355.0%

$149,696+432.7%

$139,466+471.7%

Participation rate

93.8%

83.4%+10.4pp

78.8%+15.0pp

80.3%+13.4pp

Annual return

16.48%

166.77%-150.3pp

134.46%-118.0pp

373.66%-357.2pp

Employer contribution / active EE

$48,572

$5,478+786.7%

$4,821+907.6%

$4,754+921.7%

Participant deferral / active EE

$6,521-100.0%

$5,682-100.0%

$6,712-100.0%

Admin fee / account holder

$174,798

$16,155+982.0%

$13,212+1223.0%

$11,409+1432.2%

TYSON, SCHWAB, SHORT & WEISS, PSC PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TYSON, SCHWAB, SHORT & WEISS, PSC PROFIT SHARING PLAN AND 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