Retirement plan

DAVID M. LESSER BASIC P/S PLAN

Name: DAVD M. LESSER BASIC P/S PLAN - DAVID M. LESSER BASIC P/S PLAN (2024) Form 5500
Creator: DAVD M. LESSER BASIC P/S PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID M. LESSER BASIC P/S PLAN, DAVD M. LESSER BASIC P/S PLAN

DAVD M. LESSER BASIC P/S PLANEIN 06-0972753Plan #001PY 2024

ONE BRADLEY ROAD #302 - WOODBRIDGE, CT 06525203-389-8111

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$894K

+14.6% from 2023

Total participants

0.0% from 2023

Average account balance

$446,756

+14.6% from 2023

Annual return

14.91%

+2.76 pp from 2023

Benchmarks

See 1,368 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Cohort1,368 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$894K

Not enough data

1 years with asset history on file

Average account balance

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

$447K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28K

Not enough data

1 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

+14.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15159

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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$30K

Other / not subdivided$30K100.0%

% of EOY assets

3.393%

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

$446,756

$151,310+195.3%

$97,260+359.3%

Participation rate

0.0%

67.4%-67.4pp

72.7%-72.7pp

Annual return

14.91%

14.08%+0.8pp

75.54%-60.6pp

Employer contribution / active EE

$2,536-100.0%

$2,721-100.0%

Participant deferral / active EE

$4,236-100.0%

$4,262-100.0%

Admin fee / account holder

$15,159

$25,296-40.1%

$5,640+168.8%

DAVID M. LESSER BASIC P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID M. LESSER BASIC P/S 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