Retirement plan

FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP CASH OR DEFERRED PLAN AND TRUST

Name: FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP - FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP CASH OR DEFERRED PLAN AND TRUST (2017) Form 5500
Creator: FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP CASH OR DEFERRED PLAN AND TRUST, FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP

FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLPEIN 11-2551738Plan #001PY 2017

110 MARCUS BOULEVARD - HAUPPAUGE, NY 117883704631-232-0200

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$7M

+24.3% from 2016

Total participants

+4.2% from 2016

Average account balance

$152,448

+10.8% from 2016

Annual return

17.58%

+10.02 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.50M

Not enough data

1 years with asset history on file

Average account balance

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

$227K

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.

68.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$349K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17577

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 codes2E2F2G2J3B3D

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$152,448

$85,766+77.7%

$136,298+11.8%

$70,126+117.4%

Participation rate

90.0%

74.2%+15.8pp

81.9%+8.1pp

69.5%+20.5pp

Annual return

17.58%

31.46%-13.9pp

5156.27%-5138.7pp

73.15%-55.6pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,343-100.0%

Participant deferral / active EE

$9,628

$5,051+90.6%

$6,247+54.1%

$3,332+189.0%

Admin fee / account holder

-$127

$5,421-102.3%

$9,244-101.4%

$4,645-102.7%

FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP CASH OR DEFERRED PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUMUSO, KELLY, SWART, FARRELL, POLIN & CHRISTESEN, LLP CASH OR DEFERRED PLAN AND TRUST

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