Retirement plan

LLOYD COMPANIES 401(K) PLAN AND TRUST

Name: LLOYD COMPANIES, INC. - LLOYD COMPANIES 401(K) PLAN AND TRUST (2023) Form 5500
Creator: LLOYD COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LLOYD COMPANIES 401(K) PLAN AND TRUST, LLOYD COMPANIES, INC.

LLOYD COMPANIES, INC.EIN 83-2634703Plan #001PY 2023

101 S REID STREET, SUITE 201 - SIOUX FALLS, SD 57103605-323-2820lloydcompanies.comLinkedIn201-500 employeesreal estate

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16M

+43.0% from 2022

Total participants

409

+7.9% from 2022

Average account balance

$40,324

+32.2% from 2022

Annual return

24.10%

+33.65 pp from 2022

Benchmarks

See 657 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort657 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.74M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

434

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$103

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
SECURITY NATIONAL BANK5+ years Service code 15 · EIN 42-0943139	Recordkeeping	$29,699
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$942
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO INC Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$31K

$87 / participant

Trustee / custodial$9423.1%
Investment mgmt$30K96.9%

% of EOY assets

0.191%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KETEL THORSTENSON, LLP
Auditor EIN: 460257538
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,324

$56,638-28.8%

$169,390-76.2%

$74,460-45.8%

Participation rate

96.6%

67.5%+29.1pp

77.2%+19.4pp

70.7%+25.8pp

Annual return

24.10%

24.75%-0.7pp

406.07%-382.0pp

34.38%-10.3pp

Employer contribution / active EE

$2,333

$2,027+15.1%

$4,013-41.8%

$2,638-11.6%

Participant deferral / active EE

$5,432

$4,223+28.6%

$6,222-12.7%

$4,530+19.9%

Admin fee / account holder

$77

$307-74.8%

$9,015-99.1%

$348-77.8%

Provider

Service type

Compensation

SECURITY NATIONAL BANK5+ years

Service code 15 · EIN 42-0943139

Recordkeeping

$29,699

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$942

CHARLES SCHWAB & CO., INC.5+ years

Filed as: CHARLES SCHWAB & CO INC

Service code 19 · EIN 94-1737782

Securities Custodian

LLOYD COMPANIES 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LLOYD COMPANIES 401(K) PLAN AND 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