Retirement plan

ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING PLAN

Name: ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING - ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING PLAN (2024) Form 5500
Creator: ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING PLAN, ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING

ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARINGEIN 95-4893420Plan #001PY 2024

44 MERRIMAC STREET - NEWBURYPORT, MA 01950978-462-1657LinkedIn1-10 employeesarchitecture & planning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$965K

+21.3% from 2023

Total participants

-40.0% from 2023

Average account balance

$160,853

+102.1% from 2023

Annual return

12.37%

+0.07 pp from 2023

Benchmarks

See 143,921 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,921 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+18.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J

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.

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

$68K

$16956 / participant

Other / not subdivided$68K100.0%

% of EOY assets

7.028%

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

$160,853

$159,978+0.5%

$147,041+9.4%

$145,978+10.2%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

12.37%

98.36%-86.0pp

419.21%-406.8pp

550.52%-538.1pp

Employer contribution / active EE

$20,546

$5,288+288.5%

$4,935+316.3%

$4,662+340.7%

Participant deferral / active EE

$14,122

$8,429+67.5%

$8,071+75.0%

$6,690+111.1%

Admin fee / account holder

$11,304

$15,053-24.9%

$13,006-13.1%

$13,400-15.6%

ANDREW M. SIDFORD ARCHITECTS, PC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDREW M. SIDFORD ARCHITECTS, PC 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