Retirement plan

GRAFIVEL INC. RETIREMENT PLAN

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

GRAFIVEL INC.EIN 92-3407673Plan #001PY 2024

520 TOWN FORK - CIBOLO, TX 78108443-240-7564

Prospect flagsLow participationHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$762K

+1334.7% from 2023

Total participants

0.0% from 2023

Average account balance

$761,888

+1334.7% from 2023

Annual return

1334.66%

+1334.66 pp from 2023

Benchmarks

See 54,965 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,965 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 codes2E2J2K2G2R3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 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).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$761,888

$111,814+581.4%

$103,374+637.0%

$145,959+422.0%

Participation rate

50.0%

77.9%-27.9pp

74.5%-24.5pp

80.3%-30.3pp

Annual return

1334.66%

24.77%+1309.9pp

24.89%+1309.8pp

561.95%+772.7pp

Employer contribution / active EE

$4,214-100.0%

$3,869-100.0%

$4,661-100.0%

Participant deferral / active EE

$5,618-100.0%

$5,058-100.0%

$6,689-100.0%

Admin fee / account holder

$9,754-100.0%

$8,394-100.0%

$13,398-100.0%

GRAFIVEL INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GRAFIVEL INC. RETIREMENT 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