Retirement plan

EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC.

Name: CONSERVE-A-WATT LIGHTING, INC. - EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC. (2023) Form 5500
Creator: CONSERVE-A-WATT LIGHTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC., CONSERVE-A-WATT LIGHTING, INC.

CONSERVE-A-WATT LIGHTING, INC.EIN 84-0809475Plan #001PY 2023

720 VALLEJO ST. - DENVER, CO 80204303-629-0066cawlighting.comLinkedIn1-10 employeeselectrical/electronic manufacturing

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$9.8M

+7.0% from 2022

Total participants

-20.0% from 2022

Average account balance

$427,631

+30.2% from 2022

Annual return

14.78%

+28.77 pp from 2022

Benchmarks

See 9,621 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort9,621 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-100.00%

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$78668 / participant

Other / not subdivided$1M100.0%

% of EOY assets

10.398%

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

$427,631

$110,303+287.7%

$95,759+346.6%

$139,487+206.6%

Participation rate

92.3%

75.7%+16.6pp

72.3%+20.1pp

80.3%+12.0pp

Annual return

14.78%

27.19%-12.4pp

28.42%-13.6pp

373.84%-359.1pp

Employer contribution / active EE

$11,538

$3,261+253.9%

$2,836+306.8%

$4,755+142.7%

Participant deferral / active EE

$8,191

$4,674+75.2%

$4,244+93.0%

$6,713+22.0%

Admin fee / account holder

$44,464

$6,615+572.1%

$5,678+683.1%

$11,407+289.8%

EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE PROFIT SHARING PLAN OF CONSERVE-A-WATT LIGHTING, INC.

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