Retirement plan

TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P. 401(K) SAVINGS PLAN

Name: TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P. - TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P. 401(K) SAVINGS PLAN (2024) Form 5500
Creator: TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P. 401(K) SAVINGS PLAN, TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P.

TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P.EIN 04-3525636Plan #001PY 2024

HOOD BUSINESS PARK, 510 RUTHERFORD AVE. - BOSTON, MA 02129617-242-9600LinkedIn1-10 employeeslegal services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$17.8M

+11.8% from 2023

Total participants

+1.1% from 2023

Average account balance

$198,097

+10.6% from 2023

Annual return

10.93%

-4.75 pp from 2023

Benchmarks

See 28,896 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,896 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.70M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

104

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.

111.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11040

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 codes2E3D2G2J2F2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$960K

$11569 / participant

Other / not subdivided$960K100.0%

% of EOY assets

5.386%

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

$198,097

$102,393+93.5%

$147,041+34.7%

$80,911+144.8%

Participation rate

92.8%

75.9%+16.9pp

82.2%+10.6pp

67.6%+25.1pp

Annual return

10.93%

134.95%-124.0pp

419.21%-408.3pp

35.63%-24.7pp

Employer contribution / active EE

$3,897

$3,715+4.9%

$4,935-21.0%

$2,756+41.4%

Participant deferral / active EE

$9,183

$6,647+38.2%

$8,071+13.8%

$4,297+113.7%

Admin fee / account holder

$10,669

$7,943+34.3%

$13,006-18.0%

$6,935+53.8%

TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TENTINDO, KENDALL, CANNIFF & KEEFE, L.L.P. 401(K) SAVINGS 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