Retirement plan

THOMPSON FAMILY JEWELERS 401(K) PROFIT SHARING PLAN

Name: THOMPSON FAMILY JEWELERS LLC - THOMPSON FAMILY JEWELERS 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: THOMPSON FAMILY JEWELERS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON FAMILY JEWELERS 401(K) PROFIT SHARING PLAN, THOMPSON FAMILY JEWELERS LLC

THOMPSON FAMILY JEWELERS LLCEIN 87-1065010Plan #001PY 2023

309 W. VENTURA ROAD - CAMARILLO, CA 93010805-254-4663

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+35.4% from 2022

Total participants

-11.8% from 2022

Average account balance

$140,558

+54.7% from 2022

Annual return

35.19%

+45.13 pp from 2022

Benchmarks

See 23,805 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,805 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.35M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$928

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 codes2E2G2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$132K

$13197 / participant

Other / not subdivided$132K100.0%

% of EOY assets

6.706%

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

$140,558

$154,209-8.9%

$130,062+8.1%

$139,487+0.8%

Participation rate

90.0%

82.0%+8.0pp

78.5%+11.5pp

80.3%+9.7pp

Annual return

35.19%

32.52%+2.7pp

-137.37%+172.6pp

373.84%-338.7pp

Employer contribution / active EE

$2,879

$5,292-45.6%

$4,322-33.4%

$4,755-39.5%

Participant deferral / active EE

$9,611

$6,709+43.3%

$5,821+65.1%

$6,713+43.2%

Admin fee / account holder

$9,427

$13,988-32.6%

$10,601-11.1%

$11,407-17.4%

THOMPSON FAMILY JEWELERS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON FAMILY JEWELERS 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