Retirement plan

JESUS J. MEJIA, CPA, A SOLE PROPRIETOR, PROFIT SHARING PLAN

Name: JESUS J. MEJIA, CPA, A SOLE PROPRIETOR - JESUS J. MEJIA, CPA, A SOLE PROPRIETOR, PROFIT SHARING PLAN (2024) Form 5500
Creator: JESUS J. MEJIA, CPA, A SOLE PROPRIETOR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JESUS J. MEJIA, CPA, A SOLE PROPRIETOR, PROFIT SHARING PLAN, JESUS J. MEJIA, CPA, A SOLE PROPRIETOR

JESUS J. MEJIA, CPA, A SOLE PROPRIETOREIN 95-4027918Plan #002PY 2024

2440 S. HACIENDA BLVD., SUITE 222 - HACIENDA HEIGHTS, CA 91745626-369-8787

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$3.8M

+28.7% from 2023

Total participants

0.0% from 2023

Average account balance

$341,101

+28.7% from 2023

Annual return

25.26%

+7.75 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.75M

Not enough data

1 years with asset history on file

Average account balance

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

$341K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$183K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+25.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18840

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$207K

$18840 / participant

Other / not subdivided$207K100.0%

% of EOY assets

5.523%

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

$341,101

$160,040+113.1%

$147,096+131.9%

$145,877+133.8%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

25.26%

98.49%-73.2pp

419.75%-394.5pp

551.28%-526.0pp

Employer contribution / active EE

$9,925

$5,289+87.6%

$4,936+101.1%

$4,663+112.8%

Participant deferral / active EE

$6,736

$8,429-20.1%

$8,071-16.5%

$6,691+0.7%

Admin fee / account holder

$18,840

$15,050+25.2%

$13,005+44.9%

$13,402+40.6%

JESUS J. MEJIA, CPA, A SOLE PROPRIETOR, PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JESUS J. MEJIA, CPA, A SOLE PROPRIETOR, 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