Retirement plan

EASYSTREET SYSTEMS, INC. 401(K) PLAN

Name: EASYSTREET SYSTEMS, INC. - EASYSTREET SYSTEMS, INC. 401(K) PLAN (2024) Form 5500
Creator: EASYSTREET SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EASYSTREET SYSTEMS, INC. 401(K) PLAN, EASYSTREET SYSTEMS, INC.

EASYSTREET SYSTEMS, INC.EIN 85-0572500Plan #001PY 2024

6021 E. MANSFIELD AVE., SUITE 400 - SPOKANE VALLEY, WA 99212509-402-1888easystreetsystems.comLinkedIn11-50 employeestelecommunications

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$186K

+38.9% from 2023

Total participants

+12.5% from 2023

Average account balance

$26,577

+38.9% from 2023

Annual return

16.18%

-8.37 pp from 2023

Benchmarks

See 12,316 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort12,316 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$186K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.18%

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 codes2E2J2F2G3D

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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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

$26,577

$108,912-75.6%

$100,383-73.5%

$145,959-81.8%

Participation rate

77.8%

83.0%-5.2pp

81.5%-3.7pp

80.3%-2.5pp

Annual return

16.18%

57.96%-41.8pp

49.26%-33.1pp

561.95%-545.8pp

Employer contribution / active EE

$1,152

$4,423-74.0%

$3,944-70.8%

$4,661-75.3%

Participant deferral / active EE

$2,226

$8,451-73.7%

$8,086-72.5%

$6,689-66.7%

Admin fee / account holder

$9,690-100.0%

$7,900-100.0%

$13,398-100.0%

EASYSTREET SYSTEMS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

EASYSTREET SYSTEMS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion