Retirement plan

GRASSI & CO. 401(K) PLAN

Name: GRASSI & CO CPAS, PC - GRASSI & CO. 401(K) PLAN (2015) Form 5500
Creator: GRASSI & CO CPAS, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRASSI & CO. 401(K) PLAN, GRASSI & CO CPAS, PC

GRASSI & CO CPAS, PCEIN 11-3266576Plan #001PY 2015

50 JERICHO QUADRANGLE - JERICHO, NY 11753516-256-3500LinkedIn201-500 employeesaccounting

Other plans on this EIN

1 filing

#002Retirement-$3.4M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$9.8M

No prior year

Total participants

254

No prior year

Average account balance

$51,958

No prior year

Annual return

-1.47%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$52.51M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

521

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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 2 by compensation

Provider	Service type	Compensation
STONE HILL FIDUCIARY MANAGEMENT LL1+ years Filed as: STONE HILL FIDUCIARY MANAGEMENT LLC Service code 16 1010 NORTHERN BOULEVARD · GREAT NECK, NY 11021	Consulting	$26,250
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,263

Plan features & details

Pension benefit codes2E2F2J2K2T

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).
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$28K

$130 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.282%

all-in expense ratio

Categories reported

0 / 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: G T REILLY & COMPANY
Auditor EIN: 042513210
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,958

$70,002-25.8%

$115,038-54.8%

$52,331-0.7%

Participation rate

68.7%

72.1%-3.4pp

81.4%-12.6pp

68.1%+0.6pp

Annual return

-1.47%

4.04%-5.5pp

26.14%-27.6pp

4.54%-6.0pp

Employer contribution / active EE

$2,715-100.0%

$4,608-100.0%

$1,882-100.0%

Participant deferral / active EE

$6,928

$4,920+40.8%

$6,026+15.0%

$3,022+129.3%

Admin fee / account holder

$146

$566-74.1%

$8,175-98.2%

$592-75.3%

Provider

Service type

Compensation

STONE HILL FIDUCIARY MANAGEMENT LL1+ years

Filed as: STONE HILL FIDUCIARY MANAGEMENT LLC

Service code 16

1010 NORTHERN BOULEVARD · GREAT NECK, NY 11021

Consulting

$26,250

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,263

GRASSI & CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRASSI & CO. 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