Retirement plan

FRANK CIOTTA & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: FRANK CIOTTA & ASSOCIATES, INC. - FRANK CIOTTA & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: FRANK CIOTTA & ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRANK CIOTTA & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, FRANK CIOTTA & ASSOCIATES, INC.

FRANK CIOTTA & ASSOCIATES, INC.EIN 11-2935800Plan #001PY 2019

366 NORTH BRAODWAY, SUITE 409 - JERICHO, NY 11753516-671-1400ciotta-appraisals.comLinkedIn11-50 employeesreal estate

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.5M

+12.3% from 2018

Total participants

-16.7% from 2018

Average account balance

$191,360

+12.3% from 2018

Annual return

5.99%

+7.09 pp from 2018

Benchmarks

See 15,857 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort15,857 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$464K

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+2.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242584

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 codes2G2J3D2E2F

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$570

$81 / participant

Other / not subdivided$570100.0%

% of EOY assets

0.037%

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

$191,360

$226,105-15.4%

$182,540+4.8%

$152,897+25.2%

Participation rate

71.4%

82.5%-11.0pp

78.0%-6.5pp

82.5%-11.0pp

Annual return

5.99%

192.58%-186.6pp

148.58%-142.6pp

345.43%-339.4pp

Employer contribution / active EE

$2,467

$4,978-50.4%

$4,076-39.5%

$4,764-48.2%

Participant deferral / active EE

$9,767

$6,370+53.3%

$5,525+76.8%

$5,851+66.9%

Admin fee / account holder

$71

$10,706-99.3%

$8,593-99.2%

$11,599-99.4%

FRANK CIOTTA & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRANK CIOTTA & ASSOCIATES, INC. 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