Retirement plan

GARALD PRICE & ASSOCIATES, P.A 401(K) PROFIT SHARING PLAN

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

GARALD PRICE & ASSOCIATES, P.AEIN 82-0363932Plan #007PY 2022

2058 OVERLAND AVENUE - BURLEY, ID 83318208-878-9000LinkedIn11-50 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.9M

+40.9% from 2021

Total participants

0.0% from 2021

Average account balance

$97,778

+45.6% from 2021

Annual return

39.40%

+33.87 pp from 2021

Benchmarks

See 27,998 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,998 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.30M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

47.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1947

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 codes2E2G2J3D

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.
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

$70K

$2809 / participant

Other / not subdivided$70K100.0%

% of EOY assets

2.394%

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

$97,778

$82,678+18.3%

$125,391-22.0%

$68,490+42.8%

Participation rate

72.0%

75.1%-3.1pp

82.4%-10.4pp

67.9%+4.1pp

Annual return

39.40%

-5.97%+45.4pp

572.41%-533.0pp

-7.85%+47.3pp

Employer contribution / active EE

$1,284

$3,382-62.0%

$4,816-73.3%

$2,597-50.6%

Participant deferral / active EE

$2,682

$6,111-56.1%

$7,448-64.0%

$4,028-33.4%

Admin fee / account holder

$2,341

$6,277-62.7%

$10,009-76.6%

$5,403-56.7%

GARALD PRICE & ASSOCIATES, P.A 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GARALD PRICE & ASSOCIATES, P.A 401(K) PROFIT SHARING 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