Retirement plan

WE CAN DO HARD THINGS, LLC 401(K) PROFIT SHARING PLAN

Name: WE CAN DO HARD THINGS, LLC - WE CAN DO HARD THINGS, LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: WE CAN DO HARD THINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WE CAN DO HARD THINGS, LLC 401(K) PROFIT SHARING PLAN, WE CAN DO HARD THINGS, LLC

WE CAN DO HARD THINGS, LLCEIN 87-4106891Plan #002PY 2022

410 GREAT FALLS ST - FALLS CHURCH, VA 22046571-228-5949

Other plans on this EIN

1 filing

#001Retirement-$722K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$168K

No prior year

Total participants

No prior year

Average account balance

$56,127

No prior year

Annual return

-0.42%

No prior year

Benchmarks

See 10,380 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,380 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$241K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$40K

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

+20.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$56,127

$99,668-43.7%

$86,451-35.1%

$134,545-58.3%

Participation rate

100.0%

82.1%+17.9pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-0.42%

6789.61%-6790.0pp

4398.51%-4398.9pp

418.37%-418.8pp

Employer contribution / active EE

$18,300

$4,403+315.6%

$3,770+385.4%

$4,742+285.9%

Participant deferral / active EE

$20,500

$7,249+182.8%

$6,953+194.8%

$6,401+220.2%

Admin fee / account holder

$8,377-100.0%

$6,734-100.0%

$11,431-100.0%

WE CAN DO HARD THINGS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WE CAN DO HARD THINGS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion