Retirement plan

JOSEPH DORAZIO PROFIT SHARING PLAN 191 MERRIMACK STREET HAVERHILL, MA 01830

Name: JOSEPH DORAZIO - JOSEPH DORAZIO PROFIT SHARING PLAN 191 MERRIMACK STREET HAVERHILL, MA 01830 (2015) Form 5500
Creator: JOSEPH DORAZIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOSEPH DORAZIO PROFIT SHARING PLAN 191 MERRIMACK STREET HAVERHILL, MA 01830, JOSEPH DORAZIO

JOSEPH DORAZIOEIN 04-2694757Plan #002PY 2015

191 MERRIMACK STREET - HAVERHILL, MA 01830978-373-9519

Prospect flagsHigh feesWind-down / frozen

How to read this page

Total assets (EOY)

$452K

No prior year

Total participants

No prior year

Average account balance

$226,218

No prior year

Annual return

11.89%

No prior year

Benchmarks

See 5,785 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort5,785 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59K

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.16%

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 codes2E2G

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$45K

$22491 / participant

Other / not subdivided$45K100.0%

% of EOY assets

9.942%

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

$226,218

$97,881+131.1%

$80,004+182.8%

$125,389+80.4%

Participation rate

100.0%

77.9%+22.1pp

73.0%+27.0pp

83.2%+16.8pp

Annual return

11.89%

9.36%+2.5pp

7.63%+4.3pp

282.24%-270.4pp

Employer contribution / active EE

$3,128-100.0%

$2,473-100.0%

$4,866-100.0%

Participant deferral / active EE

$3,744-100.0%

$3,204-100.0%

$5,352-100.0%

Admin fee / account holder

$22,491

$6,278+258.3%

$5,033+346.8%

$9,541+135.7%

JOSEPH DORAZIO PROFIT SHARING PLAN 191 MERRIMACK STREET HAVERHILL, MA 01830

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOSEPH DORAZIO PROFIT SHARING PLAN 191 MERRIMACK STREET HAVERHILL, MA 01830

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