Retirement plan

JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION 401(K) PROFIT SHARING PLAN

Name: JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION - JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION 401(K) PROFIT SHARING PLAN, JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION

JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATIONEIN 84-0447505Plan #001PY 2024

1667 COLE BLVD, SUITE 400 - GOLDEN, CO 80401720-544-5500

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$445K

+17.6% from 2023

Total participants

-35.3% from 2023

Average account balance

$49,448

+69.8% from 2023

Annual return

12.81%

+3.29 pp from 2023

Benchmarks

See 479 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort479 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$445K

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4719

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 codes2E2J2F2G3D2T

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

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

$42K

$5309 / participant

Other / not subdivided$42K100.0%

% of EOY assets

9.544%

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

$49,448

$85,094-41.9%

$76,327-35.2%

$145,884-66.1%

Participation rate

75.0%

82.9%-7.9pp

79.2%-4.2pp

80.3%-5.3pp

Annual return

12.81%

13.13%-0.3pp

13.79%-1.0pp

551.85%-539.0pp

Employer contribution / active EE

$3,461

$5,261-34.2%

$4,584-24.5%

$4,662-25.8%

Participant deferral / active EE

$3,461

$6,390-45.8%

$5,478-36.8%

$6,690-48.3%

Admin fee / account holder

$4,719

$5,773-18.2%

$5,139-8.2%

$13,392-64.8%

JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEFFERSON COUNTY ECONOMIC DEVELOPMENT CORPORATION 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