Retirement plan

LAW OFFICES OF ANTHONY H. NGUYEN RETIREMENT PLAN

Name: LAW OFFICES OF ANTHONY H. NGUYEN - LAW OFFICES OF ANTHONY H. NGUYEN RETIREMENT PLAN (2023) Form 5500
Creator: LAW OFFICES OF ANTHONY H. NGUYEN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAW OFFICES OF ANTHONY H. NGUYEN RETIREMENT PLAN, LAW OFFICES OF ANTHONY H. NGUYEN

LAW OFFICES OF ANTHONY H. NGUYENEIN 01-0907159Plan #001PY 2023

9741 BOLSA AVE., SUITE 204 - WESTMINSTER, CA 92683714-210-0677LinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$365K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$257K

+40.1% from 2022

Total participants

0.0% from 2022

Average account balance

$64,296

+40.1% from 2022

Annual return

20.52%

+39.52 pp from 2022

Benchmarks

See 139,910 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,910 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$345K

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1125

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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

$3K

$809 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.259%

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

$64,296

$148,558-56.7%

$135,925-52.7%

$139,427-53.9%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

20.52%

79.22%-58.7pp

68.25%-47.7pp

373.27%-352.7pp

Employer contribution / active EE

$1,491

$5,244-71.6%

$4,857-69.3%

$4,752-68.6%

Participant deferral / active EE

$7,500

$8,101-7.4%

$7,759-3.3%

$6,711+11.8%

Admin fee / account holder

$809

$12,401-93.5%

$10,764-92.5%

$11,404-92.9%

LAW OFFICES OF ANTHONY H. NGUYEN RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAW OFFICES OF ANTHONY H. NGUYEN 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