Retirement plan

SCHULMERICH & ASSOCIATES 401K PROFIT SHARING PLAN

Name: SCHULMERICH & ASSOCIATES - SCHULMERICH & ASSOCIATES 401K PROFIT SHARING PLAN (2023) Form 5500
Creator: SCHULMERICH & ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHULMERICH & ASSOCIATES 401K PROFIT SHARING PLAN, SCHULMERICH & ASSOCIATES

SCHULMERICH & ASSOCIATESEIN 93-0843898Plan #002PY 2023

3030 GRAND BAY BLVD UNIT 332 BLDG 3 - LONGBOATKEY, FL 34228503-672-7750

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.2M

+10.6% from 2022

Total participants

0.0% from 2022

Average account balance

No prior year

Annual return

12.51%

+37.04 pp from 2022

Benchmarks

See 36,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,154 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.72M

Not enough data

1 years with asset history on file

Average account balance

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

$1.7M

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$44K

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

+30.42%

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 codes2E2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.

Expense breakdown

Schedule H Part II

Admin total

$190K

$47495 / participant

Other / not subdivided$190K100.0%

% of EOY assets

3.666%

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

$185,905-100.0%

$170,057-100.0%

$139,487-100.0%

Participation rate

0.0%

87.8%-87.8pp

87.0%-87.0pp

80.3%-80.3pp

Annual return

12.51%

60.56%-48.1pp

53.42%-40.9pp

373.84%-361.3pp

Employer contribution / active EE

$25,072

$7,597+230.0%

$6,790+269.2%

$4,755+427.3%

Participant deferral / active EE

$11,627-100.0%

$10,411-100.0%

$6,713-100.0%

Admin fee / account holder

$15,397-100.0%

$12,826-100.0%

$11,407-100.0%

SCHULMERICH & ASSOCIATES 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHULMERICH & ASSOCIATES 401K PROFIT SHARING 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