Retirement plan

JARED D NEILSEN & ASSOCIATES P 401(K) PROFIT SHARING PLAN & TRUST

Name: JARED D NEILSEN & ASSOCIATES P - JARED D NEILSEN & ASSOCIATES P 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: JARED D NEILSEN & ASSOCIATES P
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JARED D NEILSEN & ASSOCIATES P 401(K) PROFIT SHARING PLAN & TRUST, JARED D NEILSEN & ASSOCIATES P

JARED D NEILSEN & ASSOCIATES PEIN 76-0670924Plan #001PY 2022

PO BOX 999 - SMITHVILLE, TX 789570999713-858-8629

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$786K

-11.0% from 2021

Total participants

0.0% from 2021

Average account balance

$262,073

-11.0% from 2021

Annual return

-7.10%

-17.76 pp from 2021

Benchmarks

See 133,872 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,872 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$790K

Not enough data

1 years with asset history on file

Average account balance

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

$263K

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.

300.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+7.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20020

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 codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$60K

$20020 / participant

Other / not subdivided$60K100.0%

% of EOY assets

7.639%

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

$262,073

$138,102+89.8%

$125,381+109.0%

$134,532+94.8%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

-7.10%

750.73%-757.8pp

572.31%-579.4pp

418.27%-425.4pp

Employer contribution / active EE

$1,710

$5,245-67.4%

$4,815-64.5%

$4,741-63.9%

Participant deferral / active EE

$6,750

$7,801-13.5%

$7,448-9.4%

$6,401+5.5%

Admin fee / account holder

$20,020

$11,568+73.1%

$10,007+100.1%

$11,429+75.2%

JARED D NEILSEN & ASSOCIATES P 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JARED D NEILSEN & ASSOCIATES P 401(K) PROFIT SHARING PLAN & TRUST

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