Retirement plan

LA FORTALEZA, INC., 401(K) PROFIT SHARING PLAN

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

LA FORTALEZA, INC.EIN 95-4599582Plan #001PY 2024

525 N. FORD BLVD. - LOS ANGELES, CA 90022213-261-1211

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.2M

+29.5% from 2023

Total participants

+2.6% from 2023

Average account balance

$15,621

+26.2% from 2023

Annual return

6.69%

+2.98 pp from 2023

Benchmarks

See 2,589 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,589 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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

$236K

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

+6.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$195

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$16K

$195 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.246%

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

$15,621

$63,809-75.5%

$81,353-80.8%

$80,935-80.7%

Participation rate

100.0%

63.9%+36.1pp

69.5%+30.5pp

67.7%+32.3pp

Annual return

6.69%

16.37%-9.7pp

24.82%-18.1pp

35.66%-29.0pp

Employer contribution / active EE

$1,201

$1,981-39.4%

$2,464-51.3%

$2,757-56.4%

Participant deferral / active EE

$1,743

$3,093-43.6%

$3,885-55.1%

$4,299-59.5%

Admin fee / account holder

$195

$5,686-96.6%

$5,766-96.6%

$6,924-97.2%

LA FORTALEZA, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LA FORTALEZA, INC., 401(K) 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