Retirement plan

EDP CONSULTANTS 401(K) PLAN

Name: EDP CONSULTANTS - EDP CONSULTANTS 401(K) PLAN (2024) Form 5500
Creator: EDP CONSULTANTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDP CONSULTANTS 401(K) PLAN, EDP CONSULTANTS

EDP CONSULTANTSEIN 82-1935608Plan #001PY 2024

529 W. 41ST STREET #144 - MIAMI BEACH, FL 33140305-450-0459

Other plans on this EIN

1 filing

#002Retirement-$2.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.4M

+76.4% from 2023

Total participants

+23.1% from 2023

Average account balance

-100.0% from 2023

Annual return

14.76%

-2.34 pp from 2023

Benchmarks

See 597 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined benefit

Participants<25

Cohort597 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.38M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$481K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+14.76%

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 codes1C3H

Plan features

1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$11K

$707 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.771%

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

$93,040-100.0%

$148,078-100.0%

$330,599-100.0%

Participation rate

0.0%

13.3%-13.3pp

5.4%-5.4pp

43.7%-43.7pp

Annual return

14.76%

3.77%+11.0pp

6.70%+8.1pp

13.05%+1.7pp

Employer contribution / active EE

$30,690

$35,747-14.1%

$25,217+21.7%

$37,664-18.5%

Participant deferral / active EE

$1,387

$9+15930.4%

$47+2847.8%

$48+2803.5%

Admin fee / account holder

$275-100.0%

$7,182-100.0%

$31,365-100.0%

EDP CONSULTANTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDP CONSULTANTS 401(K) 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