Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants<25
Cohort143,415 peers
Snapshot2024
Participant deferral / active EE
Employer contribution / active EE
Admin fee / account holder
Overall peer rank
49th percentileavg across 6 metrics
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Analytics
Less than 3 years of history available for this plan
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Plan features & details
Pension benefit codes2E2J2K3D2T
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.
- 2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 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.