Retirement plan

ST. MATTHEW'S HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: ST. MATTHEW'S HOUSE, INC. - ST. MATTHEW'S HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: ST. MATTHEW'S HOUSE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. MATTHEW'S HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST, ST. MATTHEW'S HOUSE, INC.

ST. MATTHEW'S HOUSE, INC.EIN 65-1110501Plan #001PY 2024

2001 AIRPORT ROAD SOUTH - NAPLES, FL 34112239-774-0500

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.2M

+37.0% from 2023

Total participants

333

+0.9% from 2023

Average account balance

$25,004

+26.4% from 2023

Annual return

18.15%

-10.32 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.23M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

129

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.

32.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$741K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+18.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$16 / participant

Recordkeeping$3K67.6%
Trustee / custodial$1K28.5%
Contract admin$1803.8%

% of EOY assets

0.146%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,004

$50,902-50.9%

$155,534-83.9%

$77,736-67.8%

Participation rate

32.5%

63.1%-30.6pp

78.2%-45.8pp

70.6%-38.1pp

Annual return

18.15%

34.85%-16.7pp

64.92%-46.8pp

31.26%-13.1pp

Employer contribution / active EE

$1,042

$1,991-47.7%

$4,675-77.7%

$2,728-61.8%

Participant deferral / active EE

$1,412

$2,824-50.0%

$5,630-74.9%

$4,651-69.6%

Admin fee / account holder

$37

$437-91.6%

$15,900-99.8%

$433-91.6%

ST. MATTHEW'S HOUSE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. MATTHEW'S HOUSE, INC. 401(K) 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