Retirement plan

NUZZO & ROBERTS, L.L.C. 401(K) PROFIT SHARING PLAN

Name: NUZZO & ROBERTS, L.L.C. - NUZZO & ROBERTS, L.L.C. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: NUZZO & ROBERTS, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NUZZO & ROBERTS, L.L.C. 401(K) PROFIT SHARING PLAN, NUZZO & ROBERTS, L.L.C.

NUZZO & ROBERTS, L.L.C.EIN 06-1385554Plan #001PY 2020

ONE TOWN CENTER, P.O. BOX 747 - CHESHIRE, CT 06410203-250-2000nuzzo-roberts.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.4M

+15.1% from 2019

Total participants

-8.1% from 2019

Average account balance

$139,875

+15.1% from 2019

Annual return

15.57%

-6.38 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.78M

Not enough data

1 years with asset history on file

Average account balance

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

$206K

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.

111.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$511K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16872

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 codes2E2G2J3D

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.
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.
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

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

$496K

$10793 / participant

Other / not subdivided$496K100.0%

% of EOY assets

5.298%

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

$139,875

$98,766+41.6%

$149,730-6.6%

$79,852+75.2%

Participation rate

97.8%

75.8%+22.0pp

82.5%+15.3pp

69.6%+28.2pp

Annual return

15.57%

27.43%-11.9pp

276.70%-261.1pp

31.72%-16.2pp

Employer contribution / active EE

$2,174

$3,217-32.4%

$4,645-53.2%

$2,471-12.0%

Participant deferral / active EE

$7,741

$5,681+36.3%

$6,843+13.1%

$3,740+107.0%

Admin fee / account holder

$7,410

$6,052+22.4%

$9,310-20.4%

$5,306+39.7%

NUZZO & ROBERTS, L.L.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NUZZO & ROBERTS, L.L.C. 401(K) 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