Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF JUNEAU CONVENTION & VISITORS BUREAU

Name: JUNEAU CONVENTION & VISITORS B - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF JUNEAU CONVENTION & VISITORS BUREAU (2024) Form 5500
Creator: JUNEAU CONVENTION & VISITORS B
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF JUNEAU CONVENTION & VISITORS BUREAU, JUNEAU CONVENTION & VISITORS B

JUNEAU CONVENTION & VISITORS BEIN 92-0109696Plan #001PY 2024

800 GLACIER AVE STE 201 - JUNEAU, AK 998011852907-586-1738LinkedIn1-10 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$380K

+22.8% from 2023

Total participants

+11.8% from 2023

Average account balance

$21,122

+2.3% from 2023

Annual return

26.69%

+10.89 pp from 2023

Benchmarks

See 49,870 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,870 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$380K

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

225.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+26.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1644

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 codes2G3D2J2E2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$30K

$3700 / participant

Other / not subdivided$30K100.0%

% of EOY assets

7.784%

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

$21,122

$88,815-76.2%

$81,882-74.2%

$145,897-85.5%

Participation rate

87.5%

75.1%+12.4pp

72.4%+15.1pp

80.3%+7.2pp

Annual return

26.69%

1033.75%-1007.1pp

779.47%-752.8pp

552.29%-525.6pp

Employer contribution / active EE

$1,036

$3,086-66.4%

$2,916-64.5%

$4,663-77.8%

Participant deferral / active EE

$1,149

$4,647-75.3%

$4,323-73.4%

$6,689-82.8%

Admin fee / account holder

$1,644

$8,434-80.5%

$7,360-77.7%

$13,390-87.7%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF JUNEAU CONVENTION & VISITORS BUREAU

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF JUNEAU CONVENTION & VISITORS BUREAU

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