Retirement plan

REID AND RIEGE, P.C. SAVINGS AND RETIREMENT PLAN

Name: REID AND RIEGE, P.C. - REID AND RIEGE, P.C. SAVINGS AND RETIREMENT PLAN (2016) Form 5500
Creator: REID AND RIEGE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REID AND RIEGE, P.C. SAVINGS AND RETIREMENT PLAN, REID AND RIEGE, P.C.

REID AND RIEGE, P.C.EIN 06-0867204Plan #003PY 2016

755 MAIN STREET, FLOOR 21 - HARTFORD, CT 06103860-240-1064rrlawpc.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$19.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$27.2M

+14.6% from 2015

Total participants

-1.0% from 2015

Average account balance

$292,631

+12.2% from 2015

Annual return

9.36%

+10.16 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.80M

Not enough data

1 years with asset history on file

Average account balance

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

$408K

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.

162.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+13.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53274

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 codes2E2F2G2J2T

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$733K

$10180 / participant

Other / not subdivided$733K100.0%

% of EOY assets

2.693%

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

$292,631

$76,551+282.3%

$123,894+136.2%

$62,881+365.4%

Participation rate

97.2%

73.0%+24.2pp

81.4%+15.8pp

69.3%+27.9pp

Annual return

9.36%

18.68%-9.3pp

47.52%-38.2pp

20.14%-10.8pp

Employer contribution / active EE

$17,865

$2,882+519.8%

$4,617+287.0%

$2,281+683.2%

Participant deferral / active EE

$9,739

$4,840+101.2%

$5,984+62.7%

$3,203+204.1%

Admin fee / account holder

$7,881

$4,826+63.3%

$8,357-5.7%

$4,296+83.5%

REID AND RIEGE, P.C. SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REID AND RIEGE, P.C. SAVINGS AND 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