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 (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.9M

-1.1% from 2017

Total participants

0.0% from 2017

Average account balance

$150,791

-1.1% from 2017

Annual return

-4.91%

-22.48 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

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

$125K

$3369 / participant

Other / not subdivided$125K100.0%

% of EOY assets

1.797%

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

$150,791

$77,816+93.8%

$123,552+22.0%

$64,173+135.0%

Participation rate

89.2%

74.7%+14.5pp

82.3%+6.9pp

69.6%+19.6pp

Annual return

-4.91%

12.49%-17.4pp

119.20%-124.1pp

7.63%-12.5pp

Employer contribution / active EE

$11,048

$3,014+266.5%

$4,628+138.7%

$2,381+364.0%

Participant deferral / active EE

$5,240-100.0%

$6,426-100.0%

$3,470-100.0%

Admin fee / account holder

$2,710

$5,519-50.9%

$9,285-70.8%

$4,887-44.6%

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