Retirement plan

HALE & COMPANY, CPA, P.C. EMPLOYEE RETIREMENT PLAN

Name: HALE & COMPANY, CPA, P.C. - HALE & COMPANY, CPA, P.C. EMPLOYEE RETIREMENT PLAN (2023) Form 5500
Creator: HALE & COMPANY, CPA, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HALE & COMPANY, CPA, P.C. EMPLOYEE RETIREMENT PLAN, HALE & COMPANY, CPA, P.C.

HALE & COMPANY, CPA, P.C.EIN 73-1486189Plan #001PY 2023

1300 E 15TH ST STE 150 - EDMOND, OK 730135029405-330-6000halecpa.comLinkedIn1-10 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+23.0% from 2022

Total participants

+25.0% from 2022

Average account balance

$85,137

+13.5% from 2022

Annual return

17.67%

+35.93 pp from 2022

Benchmarks

See 28,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,714 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.19M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$119K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8417

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

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

$121K

$4672 / participant

Other / not subdivided$121K100.0%

% of EOY assets

5.488%

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

$85,137

$93,589-9.0%

$135,942-37.4%

$75,181+13.2%

Participation rate

84.6%

75.2%+9.4pp

81.9%+2.7pp

67.2%+17.4pp

Annual return

17.67%

30.90%-13.2pp

68.28%-50.6pp

160.69%-143.0pp

Employer contribution / active EE

$1,465

$3,537-58.6%

$4,858-69.8%

$2,671-45.1%

Participant deferral / active EE

$6,882

$6,405+7.4%

$7,759-11.3%

$4,126+66.8%

Admin fee / account holder

$4,672

$6,977-33.0%

$10,764-56.6%

$5,650-17.3%

HALE & COMPANY, CPA, P.C. EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HALE & COMPANY, CPA, P.C. EMPLOYEE RETIREMENT 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