Retirement plan

LEWIS & ELLIS, LLC PROFIT SHARING PLAN

Name: LEWIS & ELLIS, LLC - LEWIS & ELLIS, LLC PROFIT SHARING PLAN (2024) Form 5500
Creator: LEWIS & ELLIS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEWIS & ELLIS, LLC PROFIT SHARING PLAN, LEWIS & ELLIS, LLC

LEWIS & ELLIS, LLCEIN 75-1281520Plan #001PY 2024

6600 CHASE OAKS BLVD STE 150 - PLANO, TX 750232383214-850-0850

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$73.6M

+17.3% from 2023

Total participants

146

+1.4% from 2023

Average account balance

$518,266

+11.5% from 2023

Annual return

14.52%

-4.48 pp from 2023

Benchmarks

See 2,180 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,180 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$73.59M

Not enough data

1 years with asset history on file

Average account balance

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

$518K

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.

142

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+14.52%

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

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARR, RIGGS, AND INGRAM
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$518,266

$122,239+324.0%

$184,200+181.4%

$74,546+595.2%

Participation rate

96.4%

85.5%+10.9pp

86.8%+9.6pp

67.2%+29.2pp

Annual return

14.52%

19.95%-5.4pp

28.80%-14.3pp

1366.03%-1351.5pp

Employer contribution / active EE

$22,979

$4,537+406.4%

$6,424+257.7%

$2,624+775.6%

Participant deferral / active EE

$10,999

$7,139+54.1%

$9,132+20.4%

$4,347+153.0%

Admin fee / account holder

$1,260-100.0%

$13,907-100.0%

$1,944-100.0%

LEWIS & ELLIS, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LEWIS & ELLIS, LLC PROFIT SHARING 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