Retirement plan

LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN

Name: LYELL WEALTH MANAGEMENT, LP - LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN (2024) Form 5500
Creator: LYELL WEALTH MANAGEMENT, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN, LYELL WEALTH MANAGEMENT, LP

LYELL WEALTH MANAGEMENT, LPEIN 81-1713122Plan #001PY 2024

3000 SAND HILL ROAD, BUILDING 1 - SUITE 135 - MENLO PARK, CA 94025650-353-3696lyellwealth.comLinkedIn1-10 employeesinvestment management

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$1.4M

+106.0% from 2023

Total participants

0.0% from 2023

Average account balance

$151,896

+83.1% from 2023

Annual return

79.86%

+48.42 pp from 2023

Benchmarks

See 37,071 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,071 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

81.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$173K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+79.86%

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

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 codes2E2G2J2R3B3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$151,896

$201,370-24.6%

$184,256-17.6%

$145,897+4.1%

Participation rate

81.8%

87.5%-5.7pp

86.8%-5.0pp

80.3%+1.5pp

Annual return

79.86%

29.05%+50.8pp

28.85%+51.0pp

552.29%-472.4pp

Employer contribution / active EE

$744

$7,024-89.4%

$6,427-88.4%

$4,663-84.0%

Participant deferral / active EE

$15,015

$9,808+53.1%

$9,133+64.4%

$6,689+124.5%

Admin fee / account holder

$16,364-100.0%

$13,899-100.0%

$13,390-100.0%

LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LYELL WEALTH MANAGEMENT 401(K) & 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