Department of Labor filing

SQUIRE & COMPANY, PC

SQUIRE & COMPANY 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2023

Public filing 2023 · received Oct 10, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

82filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$5,116

Reported employer contributions per active participant.

Higher than about 77% of comparable plans

#People in the filing

153

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$7 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 96% of comparable plans

↗Investment performance

Not available

Plan assets changed 18.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202382out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions77th percentileTypical peer $2,986 · based on 5,551 comparable plans

Lower reported administrative expense96th percentileTypical peer $149 · based on 5,714 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, SQUIRE & COMPANY, PC reported $782,772 in employer contributions across the plan and 153 active participants. That works out to $5,116 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy71%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 27.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 18.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context82/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $782,772
Participant contributions: $1,498,138
Other contributions: $24,867
Employer share of reported contributions: 34.3%
Beginning assets: $30,558,306
Ending assets: $36,234,587
Ending net assets: $36,234,587
Ending liabilities: Not reported
Total income: $7,663,368
Total expenses: $1,987,087
Administrative expenses: $1,583
Participant loans: $121,860

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$4,021

2023

$5,116

Plan-paid administrative expenses per participant

2022

2023

Active participants

2022

173

2023

153

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$5,116	153	36.2M	20241010104145NAL0009920611005
2022	$4,021	173	30.6M	20231016101509NAL0075258802007

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 870343246-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1995
Industry: Professional, scientific, and technical services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2J2K2T

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Current plan terms

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Filing ACK_ID20241010104145NAL0009920611005

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗