Retirement plan

FFKR ARCHITECTS/PLANNERS II 401(K) PROFIT SHARING PLAN

Name: FFKR ARCHITECTS/PLANNERS II - FFKR ARCHITECTS/PLANNERS II 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: FFKR ARCHITECTS/PLANNERS II
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FFKR ARCHITECTS/PLANNERS II 401(K) PROFIT SHARING PLAN, FFKR ARCHITECTS/PLANNERS II

FFKR ARCHITECTS/PLANNERS IIEIN 87-0410426Plan #001PY 2024

730 PACIFIC AVENUE - SALT LAKE CITY, UT 84104801-521-6186LinkedIn1-10 employees

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$30M

+2.6% from 2023

Total participants

265

+1.5% from 2023

Average account balance

$124,335

+3.5% from 2023

Annual return

16.67%

-5.24 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.96M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

241

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.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 880 CARILLON PKWY · ST. PETERSBURY, FL 33716	Advisory (Plan)	$72,471
NATIONAL BENEFIT SERVICES, LLC3 years Filed as: NATIONAL BENEFIT SERVICES Service code 13 PO BOX 6980 · WEST JORDAN, UT 84084	Contract Administrator	$1,625
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$647

Plan features & details

Pension benefit codes2E2G2J2K3D2F

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.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$47K

$299 / participant

Contract admin$47K100.0%

% of EOY assets

0.158%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FERRIN & COMPANY
Auditor EIN: 201414343
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,335

$101,653+22.3%

$147,080-15.5%

$74,459+67.0%

Participation rate

84.8%

75.6%+9.3pp

82.2%+2.6pp

67.2%+17.6pp

Annual return

16.67%

8754.98%-8738.3pp

420.17%-403.5pp

1369.70%-1353.0pp

Employer contribution / active EE

$1,666

$3,813-56.3%

$4,933-66.2%

$2,626-36.6%

Participant deferral / active EE

$8,767

$7,304+20.0%

$8,066+8.7%

$4,350+101.5%

Admin fee / account holder

$196

$1,752-88.8%

$12,989-98.5%

$1,945-89.9%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 27

880 CARILLON PKWY · ST. PETERSBURY, FL 33716

Advisory (Plan)

$72,471

NATIONAL BENEFIT SERVICES, LLC3 years

Filed as: NATIONAL BENEFIT SERVICES

Service code 13

PO BOX 6980 · WEST JORDAN, UT 84084

Contract Administrator

$1,625

AMERICAN FUNDS3 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$647

FFKR ARCHITECTS/PLANNERS II 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FFKR ARCHITECTS/PLANNERS II 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