Retirement plan

SIGNET INVESTMENT ADVISORY GROUP, INC. RETIREMENT PLAN

Name: SIGNET INVESTMENT ADVISORY GROUP, INC. - SIGNET INVESTMENT ADVISORY GROUP, INC. RETIREMENT PLAN (2024) Form 5500
Creator: SIGNET INVESTMENT ADVISORY GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIGNET INVESTMENT ADVISORY GROUP, INC. RETIREMENT PLAN, SIGNET INVESTMENT ADVISORY GROUP, INC.

SIGNET INVESTMENT ADVISORY GROUP, INC.EIN 61-1428579Plan #001PY 2024

101 DYER STREET - PROVIDENCE, RI 02903401-621-2221signet-iag.comLinkedIn1-10 employeesfinancial services

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$3.5M

+18.5% from 2023

Total participants

+20.0% from 2023

Average account balance

$582,040

-1.3% from 2023

Annual return

12.46%

-0.00 pp from 2023

Benchmarks

See 37,087 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,087 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.49M

Not enough data

1 years with asset history on file

Average account balance

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

$582K

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

$29K

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

+12.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$582,040

$201,372+189.0%

$184,260+215.9%

$145,884+299.0%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

12.46%

29.04%-16.6pp

28.84%-16.4pp

551.85%-539.4pp

Employer contribution / active EE

$13,333

$7,024+89.8%

$6,427+107.4%

$4,662+186.0%

Participant deferral / active EE

$16,161

$9,808+64.8%

$9,133+77.0%

$6,690+141.6%

Admin fee / account holder

$16,362-100.0%

$13,898-100.0%

$13,392-100.0%

SIGNET INVESTMENT ADVISORY GROUP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SIGNET INVESTMENT ADVISORY GROUP, INC. RETIREMENT 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