Retirement plan

THE SPRING HIGHLAND FIELDS CORP. RETIREMENT PLAN

Name: THE SPRING HIGHLAND FIELDS CORP. - THE SPRING HIGHLAND FIELDS CORP. RETIREMENT PLAN (2024) Form 5500
Creator: THE SPRING HIGHLAND FIELDS CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SPRING HIGHLAND FIELDS CORP. RETIREMENT PLAN, THE SPRING HIGHLAND FIELDS CORP.

THE SPRING HIGHLAND FIELDS CORP.EIN 95-4863709Plan #001PY 2024

7811 COMMONWEALTH AVE. - BUENA PARK, CA 90621626-252-4579

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$565K

+38.4% from 2023

Total participants

-5.3% from 2023

Average account balance

$18,226

+38.4% from 2023

Annual return

15.31%

-6.98 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$565K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

106.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$672

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 codes2E2G2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

$21K

$719 / participant

Other / not subdivided$21K100.0%

% of EOY assets

3.689%

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

$18,226

$81,233-77.6%

$155,567-88.3%

$80,874-77.5%

Participation rate

82.8%

66.2%+16.5pp

78.2%+4.6pp

67.6%+15.1pp

Annual return

15.31%

33.33%-18.0pp

64.74%-49.4pp

35.62%-20.3pp

Employer contribution / active EE

$1,286

$3,101-58.5%

$4,674-72.5%

$2,756-53.3%

Participant deferral / active EE

$2,689

$3,452-22.1%

$5,628-52.2%

$4,297-37.4%

Admin fee / account holder

$672

$7,998-91.6%

$15,916-95.8%

$6,935-90.3%

THE SPRING HIGHLAND FIELDS CORP. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SPRING HIGHLAND FIELDS CORP. RETIREMENT 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