Retirement plan

RETAILSTAT LLC 401(K) PROFIT SHARING PLAN & TRUST

Name: RETAILSTAT LLC - RETAILSTAT LLC 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: RETAILSTAT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETAILSTAT LLC 401(K) PROFIT SHARING PLAN & TRUST, RETAILSTAT LLC

RETAILSTAT LLCEIN 87-3605004Plan #001PY 2024

310 EAST SHORE ROAD - GREAT NECK, NY 11023800-789-0123retailstat.comLinkedIn51-200 employeesinformation services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.2M

+17.4% from 2023

Total participants

130

-20.2% from 2023

Average account balance

$121,429

+1.3% from 2023

Annual return

19.96%

-8.17 pp from 2023

Benchmarks

See 1,012 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,012 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.21M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

117

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.

117.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+19.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15916

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 codes2E2J2F2G3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$1.9M

$18621 / participant

Other / not subdivided$2M100.0%

% of EOY assets

13.107%

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

$121,429

$79,045+53.6%

$100,378+21.0%

$74,429+63.1%

Participation rate

87.0%

79.4%+7.6pp

81.5%+5.5pp

67.2%+19.8pp

Annual return

19.96%

20.61%-0.7pp

49.41%-29.5pp

1368.38%-1348.4pp

Employer contribution / active EE

$5,272

$3,015+74.8%

$3,942+33.7%

$2,625+100.8%

Participant deferral / active EE

$9,763

$7,751+26.0%

$8,087+20.7%

$4,348+124.5%

Admin fee / account holder

$15,916

$1,335+1092.3%

$7,899+101.5%

$1,944+718.6%

RETAILSTAT LLC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETAILSTAT LLC 401(K) PROFIT SHARING PLAN & TRUST

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