Retirement plan

CITADEL ENVIRONMENTAL SERVICES, INC. PROFIT SHARING PLAN

Name: CITADEL ENVIRONMENTAL SERVICES, INC. - CITADEL ENVIRONMENTAL SERVICES, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: CITADEL ENVIRONMENTAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITADEL ENVIRONMENTAL SERVICES, INC. PROFIT SHARING PLAN, CITADEL ENVIRONMENTAL SERVICES, INC.

CITADEL ENVIRONMENTAL SERVICES, INC.EIN 95-4435612Plan #001PY 2023

1725 VICTORY BLVD - GLENDALE, CA 912012833510-683-1282

Other plans on this EIN

1 filing

#002Retirement-$8.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.5M

+68.6% from 2022

Total participants

+15.3% from 2022

Average account balance

$77,027

+17.0% from 2022

Annual return

55.42%

+89.33 pp from 2022

Benchmarks

See 28,708 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,708 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.22M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

107

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.

121.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+36.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8363

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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

$372K

$4480 / participant

Other / not subdivided$372K100.0%

% of EOY assets

5.680%

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

$77,027

$93,598-17.7%

$135,974-43.4%

$75,173+2.5%

Participation rate

84.3%

75.2%+9.1pp

81.9%+2.4pp

67.2%+17.1pp

Annual return

55.42%

30.89%+24.5pp

68.30%-12.9pp

160.72%-105.3pp

Employer contribution / active EE

$2,062

$3,538-41.7%

$4,859-57.6%

$2,671-22.8%

Participant deferral / active EE

$8,056

$6,405+25.8%

$7,760+3.8%

$4,126+95.2%

Admin fee / account holder

$4,375

$6,978-37.3%

$10,767-59.4%

$5,651-22.6%

CITADEL ENVIRONMENTAL SERVICES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITADEL ENVIRONMENTAL SERVICES, INC. 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