Retirement plan

DEREK MIZE RECRUITING 401(K) PLAN

Name: DEREK MIZE RECRUITING - DEREK MIZE RECRUITING 401(K) PLAN (2022) Form 5500
Creator: DEREK MIZE RECRUITING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEREK MIZE RECRUITING 401(K) PLAN, DEREK MIZE RECRUITING

DEREK MIZE RECRUITINGEIN 84-4524359Plan #001PY 2022

15 SYCAMORE STA - DECATUR, GA 300302700917-544-9884

Other plans on this EIN

1 filing

#002Retirement-$801K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$323K

+89.4% from 2021

Total participants

0.0% from 2021

Average account balance

$107,781

+89.4% from 2021

Annual return

-17.52%

-17.52 pp from 2021

Benchmarks

See 17,020 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort17,020 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$966K

Not enough data

1 years with asset history on file

Average account balance

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

$322K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$148K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$74K

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

+14.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6059

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 codes2E2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$2K

$711 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.660%

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

$107,781

$93,124+15.7%

$77,100+39.8%

$134,545-19.9%

Participation rate

100.0%

74.5%+25.5pp

67.9%+32.1pp

81.2%+18.8pp

Annual return

-17.52%

62.68%-80.2pp

42.35%-59.9pp

418.37%-435.9pp

Employer contribution / active EE

$45,000

$3,421+1215.3%

$2,815+1498.6%

$4,742+849.1%

Participant deferral / active EE

$15,833

$5,242+202.0%

$4,430+257.4%

$6,401+147.3%

Admin fee / account holder

$711

$6,970-89.8%

$5,443-86.9%

$11,431-93.8%

DEREK MIZE RECRUITING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEREK MIZE RECRUITING 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