Retirement plan

SIEGEL ACTUARIAL CONSULTING, INC. 401(K) PROFIT SHARING PLAN

Name: SIEGEL ACTUARIAL CONSULTING, INC. - SIEGEL ACTUARIAL CONSULTING, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SIEGEL ACTUARIAL CONSULTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIEGEL ACTUARIAL CONSULTING, INC. 401(K) PROFIT SHARING PLAN, SIEGEL ACTUARIAL CONSULTING, INC.

SIEGEL ACTUARIAL CONSULTING, INC.EIN 65-1279994Plan #001PY 2024

110 ARROWHEAD DRIVE, SUITE 150 - SLIPPERY ROCK, PA 16057724-934-4780sactpa.comLinkedIn1-10 employeesfinancial services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+20.0% from 2023

Total participants

+11.1% from 2023

Average account balance

$67,379

+7.4% from 2023

Annual return

10.98%

-6.48 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

105.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$895

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 codes2E2F2J2T3D

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).
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$17K

$944 / participant

Other / not subdivided$17K100.0%

% of EOY assets

1.328%

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

$67,379

$160,028-57.9%

$147,080-54.2%

$145,884-53.8%

Participation rate

94.4%

84.0%+10.4pp

82.2%+12.3pp

80.3%+14.1pp

Annual return

10.98%

98.60%-87.6pp

420.17%-409.2pp

551.85%-540.9pp

Employer contribution / active EE

$2,289

$5,286-56.7%

$4,933-53.6%

$4,662-50.9%

Participant deferral / active EE

$4,016

$8,422-52.3%

$8,066-50.2%

$6,690-40.0%

Admin fee / account holder

$895

$15,030-94.0%

$12,989-93.1%

$13,392-93.3%

SIEGEL ACTUARIAL CONSULTING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIEGEL ACTUARIAL CONSULTING, INC. 401(K) PROFIT SHARING PLAN

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