Retirement plan

GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C. DEFINED CONTRIBUTION PENSION PLAN

Name: GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C. - GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C. DEFINED CONTRIBUTION PENSION PLAN (2020) Form 5500
Creator: GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C. DEFINED CONTRIBUTION PENSION PLAN, GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C.

GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C.EIN 11-2541700Plan #002PY 2020

18 WEST CARVER STREET, SUITE 3 - HUNTINGTON, NY 11743631-421-9051goldsteinrubintonlaw.comLinkedIn1-10 employeeslegal services

Prospect flagsHigh feesHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+10.8% from 2019

Total participants

-33.3% from 2019

Average account balance

$797,168

+66.3% from 2019

Annual return

9.82%

-11.95 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$1.0M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+10.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10312

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$26K

$6422 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.806%

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

$797,168

$165,399+382.0%

$149,745+432.3%

$158,982+401.4%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

9.82%

348.34%-338.5pp

276.72%-266.9pp

302.99%-293.2pp

Employer contribution / active EE

$1,739

$5,105-65.9%

$4,646-62.6%

$4,763-63.5%

Participant deferral / active EE

$7,000

$7,183-2.5%

$6,843+2.3%

$5,983+17.0%

Admin fee / account holder

$6,422

$10,811-40.6%

$9,312-31.0%

$11,252-42.9%

GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C. DEFINED CONTRIBUTION PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDSTEIN, RUBINTON, GOLDSTEIN & DIFAZIO, P.C. DEFINED CONTRIBUTION PENSION 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