Retirement plan

QIFURUI ELECTRONICS COMPANY 401(K) PLAN

Name: QIFURUI ELECTRONICS COMPANY - QIFURUI ELECTRONICS COMPANY 401(K) PLAN (2024) Form 5500
Creator: QIFURUI ELECTRONICS COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QIFURUI ELECTRONICS COMPANY 401(K) PLAN, QIFURUI ELECTRONICS COMPANY

QIFURUI ELECTRONICS COMPANYEIN 71-0903554Plan #001PY 2024

1924 W HOLT AVE - POMONA, CA 917683351626-823-8896

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$786K

+37.5% from 2023

Total participants

0.0% from 2023

Average account balance

$112,333

+37.5% from 2023

Annual return

14.15%

+9.18 pp from 2023

Benchmarks

See 23,845 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,845 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$786K

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$134K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+14.15%

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 codes2J

Plan features

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$112,333

$166,268-32.4%

$165,100-32.0%

$145,897-23.0%

Participation rate

100.0%

82.0%+18.0pp

78.6%+21.4pp

80.3%+19.7pp

Annual return

14.15%

100.52%-86.4pp

70.21%-56.1pp

552.29%-538.1pp

Employer contribution / active EE

$12,505

$5,284+136.7%

$4,348+187.6%

$4,663+168.2%

Participant deferral / active EE

$20,916

$6,964+200.3%

$6,035+246.6%

$6,689+212.7%

Admin fee / account holder

$16,659-100.0%

$12,696-100.0%

$13,390-100.0%

QIFURUI ELECTRONICS COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

QIFURUI ELECTRONICS COMPANY 401(K) 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