Retirement plan

GRIPPIN DONLAN AND PINKHAM, PLC 401(K) PROFIT SHARING PLAN

Name: GRIPPIN DONLAN AND PINKHAM, PLC - GRIPPIN DONLAN AND PINKHAM, PLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: GRIPPIN DONLAN AND PINKHAM, PLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRIPPIN DONLAN AND PINKHAM, PLC 401(K) PROFIT SHARING PLAN, GRIPPIN DONLAN AND PINKHAM, PLC

GRIPPIN DONLAN AND PINKHAM, PLCEIN 03-0354347Plan #001PY 2020

3 BALDWIN AVENUE - SOUTH BURLINGTON, VT 05403802-846-2000gdp-cpa.comLinkedIn11-50 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.6M

+20.3% from 2019

Total participants

+7.4% from 2019

Average account balance

$163,221

+16.0% from 2019

Annual return

16.80%

-3.58 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.15M

Not enough data

1 years with asset history on file

Average account balance

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

$206K

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.

108.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$247K

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

+12.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4244

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 codes2E2G2J2T3D

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.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$129K

$5616 / participant

Other / not subdivided$129K100.0%

% of EOY assets

2.827%

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

$163,221

$165,361-1.3%

$149,715+9.0%

$158,950+2.7%

Participation rate

95.7%

84.6%+11.1pp

82.5%+13.2pp

82.0%+13.7pp

Annual return

16.80%

348.24%-331.4pp

276.66%-259.9pp

302.91%-286.1pp

Employer contribution / active EE

$3,077

$5,103-39.7%

$4,645-33.8%

$4,762-35.4%

Participant deferral / active EE

$8,320

$7,182+15.9%

$6,842+21.6%

$5,983+39.1%

Admin fee / account holder

$4,614

$10,808-57.3%

$9,310-50.4%

$11,248-59.0%

GRIPPIN DONLAN AND PINKHAM, PLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRIPPIN DONLAN AND PINKHAM, PLC 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