Retirement plan

HEMPHILL-O'NEILL COMPANY 401(K) PROFIT SHARING PLAN

Name: HEMPHILL-O'NEILL COMPANY - HEMPHILL-O'NEILL COMPANY 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: HEMPHILL-O'NEILL COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEMPHILL-O'NEILL COMPANY 401(K) PROFIT SHARING PLAN, HEMPHILL-O'NEILL COMPANY

HEMPHILL-O'NEILL COMPANYEIN 91-0518549Plan #001PY 2022

P.O. BOX 1323 - CHEHALIS, WA 985320310360-748-6607hemphilloneill.comLinkedIn1-10 employeesrenewables & environment

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1.8M

+0.6% from 2021

Total participants

0.0% from 2021

Average account balance

$222,103

+0.6% from 2021

Annual return

-2.31%

-4.56 pp from 2021

Benchmarks

See 8,666 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,666 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$681K

Not enough data

1 years with asset history on file

Average account balance

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

$136K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+4.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$288579

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 codes2E2G2J2R3D

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.
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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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

$222,103

$105,861+109.8%

$90,756+144.7%

$134,509+65.1%

Participation rate

100.0%

78.2%+21.8pp

75.7%+24.3pp

81.2%+18.8pp

Annual return

-2.31%

-10.99%+8.7pp

-12.16%+9.9pp

418.13%-420.4pp

Employer contribution / active EE

$8,655

$3,463+149.9%

$2,922+196.3%

$4,741+82.6%

Participant deferral / active EE

$5,217-100.0%

$4,565-100.0%

$6,400-100.0%

Admin fee / account holder

$13,938-100.0%

$8,445-100.0%

$11,427-100.0%

HEMPHILL-O'NEILL COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HEMPHILL-O'NEILL COMPANY 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