Retirement plan

MORITT HOCK & HAMROFF LLP 401(K) PLAN

Name: MORITT HOCK & HAMROFF LLP - MORITT HOCK & HAMROFF LLP 401(K) PLAN (2019) Form 5500
Creator: MORITT HOCK & HAMROFF LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORITT HOCK & HAMROFF LLP 401(K) PLAN, MORITT HOCK & HAMROFF LLP

MORITT HOCK & HAMROFF LLPEIN 11-2954522Plan #002PY 2019

400 GARDEN CITY PLAZA, SUITE 200 - GARDEN CITY, NY 11530516-873-2000moritthock.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$9.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.6M

+28.4% from 2018

Total participants

146

-2.7% from 2018

Average account balance

$159,698

+28.4% from 2018

Annual return

26.69%

+27.38 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.74M

Not enough data

1 years with asset history on file

Average account balance

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

$284K

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.

168

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.

79.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$859

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 10 of 16 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK5+ years Service code 27 · EIN 04-2675571 29 SAWYER RD. · WALTHAM, MA 02453	Advisory (Plan)	$23,512
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC ADVISORS, INC Service code 27 · EIN 04-2654524 245 SUMMER STREET · BOSTON, MA 02210	Advisory (Plan)	$56
AB FUNDS2 years Filed as: ALLIANCE BERNSTIEN Service code 60	Sub-TA Fees	$0
AMERICAN FUNDS2 years Service code 60	Sub-TA Fees	$0
AMERICAN FUNDS2 years Filed as: AMG FUNDS Service code 60	Sub-TA Fees	$0
ARIEL INVESTMENTS, LLC2 years Filed as: ARIEL INVESTMENTS Service code 60	Sub-TA Fees	$0
DELAWARE INVESTMENTS2 years Filed as: DELAWARE FUNDS BY MACQUARIE Service code 60	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 60	Sub-TA Fees	$0
FIRST EAGLE2 years Service code 60	Sub-TA Fees	$0
FROST BANK2 years Filed as: FROST FUNDS Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$24K

$186 / participant

Investment mgmt$560.2%
Other / not subdivided$24K99.8%

% of EOY assets

0.120%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RAICH ENDE MALTER & CO LLP
Auditor EIN: 112336434
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$159,698

$89,652+78.1%

$141,197+13.1%

$65,186+145.0%

Participation rate

81.9%

74.7%+7.2pp

82.5%-0.6pp

70.2%+11.7pp

Annual return

26.69%

32.79%-6.1pp

71.41%-44.7pp

29.39%-2.7pp

Employer contribution / active EE

$1,843

$3,065-39.9%

$4,736-61.1%

$2,177-15.3%

Participant deferral / active EE

$10,178

$5,691+78.8%

$6,710+51.7%

$3,514+189.6%

Admin fee / account holder

$192

$569-66.3%

$10,265-98.1%

$847-77.4%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK5+ years

Service code 27 · EIN 04-2675571

29 SAWYER RD. · WALTHAM, MA 02453

Advisory (Plan)

$23,512

STRATEGIC ADVISORS, INC.1 year

Filed as: STRATEGIC ADVISORS, INC

Service code 27 · EIN 04-2654524

245 SUMMER STREET · BOSTON, MA 02210

Advisory (Plan)

$56

AB FUNDS2 years

Filed as: ALLIANCE BERNSTIEN

Service code 60

Sub-TA Fees

AMERICAN FUNDS2 years

Service code 60

Sub-TA Fees

AMERICAN FUNDS2 years

Filed as: AMG FUNDS

Service code 60

Sub-TA Fees

ARIEL INVESTMENTS, LLC2 years

Filed as: ARIEL INVESTMENTS

Service code 60

Sub-TA Fees

DELAWARE INVESTMENTS2 years

Filed as: DELAWARE FUNDS BY MACQUARIE

Service code 60

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 60

Sub-TA Fees

FIRST EAGLE2 years

Service code 60

Sub-TA Fees

FROST BANK2 years

Filed as: FROST FUNDS

Service code 60

Sub-TA Fees

MORITT HOCK & HAMROFF LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORITT HOCK & HAMROFF LLP 401(K) 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