Retirement plan

HIGGINS, CAVANAGH & COONEY 401(K) AND PROFIT SHARING PLAN

Name: HIGGINS, CAVANAGH & COONEY, LLP - HIGGINS, CAVANAGH & COONEY 401(K) AND PROFIT SHARING PLAN (2025) Form 5500
Creator: HIGGINS, CAVANAGH & COONEY, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGGINS, CAVANAGH & COONEY 401(K) AND PROFIT SHARING PLAN, HIGGINS, CAVANAGH & COONEY, LLP

HIGGINS, CAVANAGH & COONEY, LLPEIN 05-0419306Plan #002PY 2025

10 DORRANCE STREET, SUITE 400 - PROVIDENCE, RI 02903401-272-3500hcc-law.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.5M

+19.0% from 2024

Total participants

+3.7% from 2024

Average account balance

$166,011

+19.0% from 2024

Annual return

18.28%

+6.69 pp from 2024

Benchmarks

See 26,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort26,581 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.48M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

168.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$192K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+18.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6405

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 codes2F2G2J3B

Plan features

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

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

$173K

$10808 / participant

Other / not subdivided$173K100.0%

% of EOY assets

3.858%

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

$166,011

$196,972-15.7%

$182,262-8.9%

$198,609-16.4%

Participation rate

93.8%

85.7%+8.1pp

84.2%+9.5pp

82.4%+11.4pp

Annual return

18.28%

158.27%-140.0pp

140.60%-122.3pp

202.70%-184.4pp

Employer contribution / active EE

$7,767

$5,364+44.8%

$5,046+53.9%

$5,055+53.6%

Participant deferral / active EE

$4,250

$8,643-50.8%

$8,276-48.7%

$6,977-39.1%

Admin fee / account holder

$6,405

$18,429-65.2%

$16,712-61.7%

$19,030-66.3%

HIGGINS, CAVANAGH & COONEY 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGGINS, CAVANAGH & COONEY 401(K) AND 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