Retirement plan

EXCELENT 401(K) PLAN

Name: EXCELENT, INC. - EXCELENT 401(K) PLAN (2024) Form 5500
Creator: EXCELENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXCELENT 401(K) PLAN, EXCELENT, INC.

EXCELENT, INC.EIN 88-3914644Plan #001PY 2024

68 TW ALEXANDER DRIVE, PO BOX 13628 - DURHAM, NC 27709919-314-2891

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$141K

+608.2% from 2023

Total participants

+11.1% from 2023

Average account balance

$28,189

+608.2% from 2023

Annual return

33.02%

+33.02 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2J2F2G3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1K

$124 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.880%

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

$28,189

$183,516-84.6%

$155,534-81.9%

$145,884-80.7%

Participation rate

50.0%

82.7%-32.7pp

78.2%-28.2pp

80.3%-30.3pp

Annual return

33.02%

61.43%-28.4pp

64.92%-31.9pp

551.85%-518.8pp

Employer contribution / active EE

$4,577

$5,315-13.9%

$4,675-2.1%

$4,662-1.8%

Participant deferral / active EE

$6,871

$6,467+6.2%

$5,630+22.0%

$6,690+2.7%

Admin fee / account holder

$248

$19,293-98.7%

$15,900-98.4%

$13,392-98.1%

EXCELENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXCELENT 401(K) 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