Retirement plan

EARL SWENSSON ASSOCIATES, INC. SAVINGS &

Name: EARL SWENSSON ASSOCIATES, INC. - EARL SWENSSON ASSOCIATES, INC. SAVINGS & (2024) Form 5500
Creator: EARL SWENSSON ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EARL SWENSSON ASSOCIATES, INC. SAVINGS &, EARL SWENSSON ASSOCIATES, INC.

EARL SWENSSON ASSOCIATES, INC.EIN 62-0897652Plan #001PY 2024

1033 DEMONBRUEN STREET SUITE 800 - NASHVILLE, TN 372034461615-329-9445

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$87.9M

+15.4% from 2023

Total participants

272

-0.4% from 2023

Average account balance

$324,484

+14.5% from 2023

Annual return

14.41%

-3.08 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.94M

Not enough data

1 years with asset history on file

Average account balance

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

$324K

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.

271

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY6 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$11,959

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$60 / participant

Contract admin$11K95.8%
Other / not subdivided$5004.2%

% of EOY assets

0.014%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MULLINS CLEMMONS & MAYES, PLLC
Auditor EIN: 621409003
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$324,484

$101,672+219.1%

$147,117+120.6%

$74,478+335.7%

Participation rate

99.5%

75.5%+23.9pp

82.2%+17.3pp

67.2%+32.3pp

Annual return

14.41%

8757.83%-8743.4pp

420.54%-406.1pp

1370.56%-1356.2pp

Employer contribution / active EE

$15,595

$3,813+309.0%

$4,932+216.2%

$2,626+493.8%

Participant deferral / active EE

$10,858

$7,305+48.6%

$8,065+34.6%

$4,350+149.6%

Admin fee / account holder

$44

$1,753-97.5%

$12,993-99.7%

$1,946-97.7%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY6 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$11,959

EARL SWENSSON ASSOCIATES, INC. SAVINGS &

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EARL SWENSSON ASSOCIATES, INC. SAVINGS &

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