Retirement plan

THE WEISS AGENCY, INC. 401(K) PROFIT SHARING PLAN

Name: THE WEISS AGENCY, INC. - THE WEISS AGENCY, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: THE WEISS AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE WEISS AGENCY, INC. 401(K) PROFIT SHARING PLAN, THE WEISS AGENCY, INC.

THE WEISS AGENCY, INC.EIN 86-0862264Plan #002PY 2023

14954 CORONA DEL MAR - PACIFIC PALISADES, CA 90272310-230-1518LinkedIn1-10 employees

Other plans on this EIN

1 filing

#003Retirement--

Prospect flagsHigh assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$5.6M

+18.2% from 2022

Total participants

0.0% from 2022

Average account balance

$1,398,307

+18.2% from 2022

Annual return

16.78%

+36.05 pp from 2022

Benchmarks

See 18,470 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort18,470 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$873K

Not enough data

1 years with asset history on file

Average account balance

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

$873K

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.

33.3%

Not enough data

1 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

+13.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6190618

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$741

$247 / participant

Other / not subdivided$741100.0%

% of EOY assets

0.013%

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

$1,398,307

$96,419+1350.2%

$80,648+1633.8%

$139,487+902.5%

Participation rate

100.0%

73.6%+26.4pp

67.0%+33.0pp

80.3%+19.7pp

Annual return

16.78%

1352.86%-1336.1pp

937.21%-920.4pp

373.84%-357.1pp

Employer contribution / active EE

$22,065

$3,261+576.6%

$2,724+710.2%

$4,755+364.1%

Participant deferral / active EE

$5,225-100.0%

$4,443-100.0%

$6,713-100.0%

Admin fee / account holder

$185

$6,605-97.2%

$5,382-96.6%

$11,407-98.4%

THE WEISS AGENCY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE WEISS AGENCY, INC. 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