Retirement plan

INDY BIRD, INC. 401(K) PROFIT SHARING PLAN

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

INDY BIRD, INC.EIN 93-4454742Plan #001PY 2024

4313 FOREST PARK RD. - JACKSONVILLE, FL 32210904-850-9298

Prospect flagsHigh assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$309K

+23.8% from 2023

Total participants

0.0% from 2023

Average account balance

$308,837

+23.8% from 2023

Annual return

23.77%

+23.77 pp from 2023

Benchmarks

See 50,218 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,218 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2E2J2K2H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$308,837

$88,751+248.0%

$81,812+277.5%

$145,922+111.6%

Participation rate

100.0%

75.0%+25.0pp

72.3%+27.7pp

80.3%+19.7pp

Annual return

23.77%

1025.40%-1001.6pp

773.79%-750.0pp

561.29%-537.5pp

Employer contribution / active EE

$3,083-100.0%

$2,912-100.0%

$4,660-100.0%

Participant deferral / active EE

$4,643-100.0%

$4,319-100.0%

$6,688-100.0%

Admin fee / account holder

$8,415-100.0%

$7,386-100.0%

$13,397-100.0%

INDY BIRD, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

INDY BIRD, INC. 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