Retirement plan

QUETICO, LLC PROFIT SHARING PLAN

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

QUETICO, LLCEIN 95-4560384Plan #001PY 2023

5610 DANIELS STREET - CHINO, CA 91710909-628-6200

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$6.2M

+19.0% from 2022

Total participants

244

+3.4% from 2022

Average account balance

$25,383

+14.1% from 2022

Annual return

12.79%

+27.19 pp from 2022

Benchmarks

See 2,346 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,346 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.12M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

268

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$435K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY8 years Service code 15 · EIN 01-0233346	Recordkeeping	$800

Plan features & details

Pension benefit codes2A2E2F3B3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$37K

$295 / participant

Investment mgmt$1K2.8%
Contract admin$36K97.2%

% of EOY assets

0.602%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BPM LLP
Auditor EIN: 814234542
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,383

$83,045-69.4%

$130,026-80.5%

$71,495-64.5%

Participation rate

99.2%

74.1%+25.1pp

78.5%+20.7pp

67.9%+31.3pp

Annual return

12.79%

20.61%-7.8pp

-137.26%+150.1pp

28.85%-16.1pp

Employer contribution / active EE

$3,390

$2,623+29.2%

$4,321-21.6%

$2,589+30.9%

Participant deferral / active EE

$4,436-100.0%

$5,821-100.0%

$4,291-100.0%

Admin fee / account holder

$153

$1,727-91.2%

$10,608-98.6%

$1,588-90.4%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY8 years

Service code 15 · EIN 01-0233346

Recordkeeping

$800

QUETICO, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUETICO, LLC 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