Retirement plan

PRIVATE OFFICE MANAGEMENT SERVICES, INC. 401(K) RETIREMENT PLAN

Name: PRIVATE OFFICE MANAGEMENT SERVICES, INC. - PRIVATE OFFICE MANAGEMENT SERVICES, INC. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: PRIVATE OFFICE MANAGEMENT SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRIVATE OFFICE MANAGEMENT SERVICES, INC. 401(K) RETIREMENT PLAN, PRIVATE OFFICE MANAGEMENT SERVICES, INC.

PRIVATE OFFICE MANAGEMENT SERVICES, INC.EIN 84-3542066Plan #001PY 2024

928 WEST STATE STREET - TRENTON, NJ 08618609-394-3800

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$413K

+35.2% from 2023

Total participants

0.0% from 2023

Average account balance

$206,549

+35.2% from 2023

Annual return

13.07%

-3.79 pp from 2023

Benchmarks

See 19,390 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,390 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$413K

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$433

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$865

$433 / participant

Other / not subdivided$865100.0%

% of EOY assets

0.209%

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

$206,549

$100,139+106.3%

$85,187+142.5%

$145,884+41.6%

Participation rate

100.0%

74.1%+25.9pp

67.5%+32.5pp

80.3%+19.7pp

Annual return

13.07%

84.15%-71.1pp

66.67%-53.6pp

551.85%-538.8pp

Employer contribution / active EE

$5,000

$3,238+54.4%

$2,732+83.0%

$4,662+7.2%

Participant deferral / active EE

$28,750

$5,296+442.9%

$4,525+535.4%

$6,690+329.8%

Admin fee / account holder

$433

$7,262-94.0%

$6,162-93.0%

$13,392-96.8%

PRIVATE OFFICE MANAGEMENT SERVICES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRIVATE OFFICE MANAGEMENT SERVICES, INC. 401(K) RETIREMENT 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