Retirement plan

BOUYEA & ASSOCIATES, INC. 401(K) SALARY REDUCTION PLAN

Name: BOUYEA & ASSOCIATES, INC. - BOUYEA & ASSOCIATES, INC. 401(K) SALARY REDUCTION PLAN (2024) Form 5500
Creator: BOUYEA & ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOUYEA & ASSOCIATES, INC. 401(K) SALARY REDUCTION PLAN, BOUYEA & ASSOCIATES, INC.

BOUYEA & ASSOCIATES, INC.EIN 75-2372258Plan #001PY 2024

P.O. BOX 40, 5 GREEN HILL ROAD - WASHINGTON DEPOT, CT 06794860-868-4500bouyea.comLinkedIn11-50 employeesarchitecture & planning

Other plans on this EIN

1 filing

#002Retirement-$3.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+9.5% from 2023

Total participants

-17.4% from 2023

Average account balance

$123,155

+32.6% from 2023

Annual return

11.37%

+2.44 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.86M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

237.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$160K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2332

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$191K

$23918 / participant

Other / not subdivided$191K100.0%

% of EOY assets

8.177%

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

$123,155

$160,040-23.0%

$147,096-16.3%

$145,877-15.6%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

11.37%

98.49%-87.1pp

419.75%-408.4pp

551.28%-539.9pp

Employer contribution / active EE

$5,224

$5,289-1.2%

$4,936+5.8%

$4,663+12.0%

Participant deferral / active EE

$8,879

$8,429+5.3%

$8,071+10.0%

$6,691+32.7%

Admin fee / account holder

$10,071

$15,050-33.1%

$13,005-22.6%

$13,402-24.9%

BOUYEA & ASSOCIATES, INC. 401(K) SALARY REDUCTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOUYEA & ASSOCIATES, INC. 401(K) SALARY REDUCTION 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