Retirement plan

STEFFES FINANCIAL, LTD. PROFIT SHARING 401(K) PLAN

Name: STEFFES FINANCIAL, LTD. - STEFFES FINANCIAL, LTD. PROFIT SHARING 401(K) PLAN (2023) Form 5500
Creator: STEFFES FINANCIAL, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEFFES FINANCIAL, LTD. PROFIT SHARING 401(K) PLAN, STEFFES FINANCIAL, LTD.

STEFFES FINANCIAL, LTD.EIN 74-2834375Plan #002PY 2023

8655 COLLEGE BOULEVARD - OVERLAND PARK, KS 66210913-722-1111LinkedIn1-10 employeesinvestment banking

Other plans on this EIN

1 filing

#003Retirement-$2.7M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$4.9M

+25.0% from 2022

Total participants

0.0% from 2022

Average account balance

$819,333

+25.0% from 2022

Annual return

20.77%

+42.80 pp from 2022

Benchmarks

See 36,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,154 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.74M

Not enough data

1 years with asset history on file

Average account balance

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

$349K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$120K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+11.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1043587

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$873

$125 / participant

Other / not subdivided$873100.0%

% of EOY assets

0.018%

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

$819,333

$185,905+340.7%

$170,057+381.8%

$139,487+487.4%

Participation rate

85.7%

87.8%-2.0pp

87.0%-1.3pp

80.3%+5.4pp

Annual return

20.77%

60.56%-39.8pp

53.42%-32.6pp

373.84%-353.1pp

Employer contribution / active EE

$7,074

$7,597-6.9%

$6,790+4.2%

$4,755+48.8%

Participant deferral / active EE

$16,542

$11,627+42.3%

$10,411+58.9%

$6,713+146.4%

Admin fee / account holder

$146

$15,397-99.1%

$12,826-98.9%

$11,407-98.7%

STEFFES FINANCIAL, LTD. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEFFES FINANCIAL, LTD. PROFIT SHARING 401(K) 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