Retirement plan

JAROS, BAUM & BOLLES EMPLOYEES 401(K) SAVINGS PLAN

Name: JAROS, BAUM & BOLLES CONSULTING ENGINEERS LLP - JAROS, BAUM & BOLLES EMPLOYEES 401(K) SAVINGS PLAN (2020) Form 5500
Creator: JAROS, BAUM & BOLLES CONSULTING ENGINEERS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAROS, BAUM & BOLLES EMPLOYEES 401(K) SAVINGS PLAN, JAROS, BAUM & BOLLES CONSULTING ENGINEERS LLP

JAROS, BAUM & BOLLES CONSULTING ENGINEERS LLPEIN 13-0884150Plan #002PY 2020

80 PINE STREET - NEW YORK, NY 10005212-530-9397

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$63.7M

+13.8% from 2019

Total participants

394

-1.0% from 2019

Average account balance

$161,729

+14.1% from 2019

Annual return

14.60%

-5.44 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$77.92M

Not enough data

1 years with asset history on file

Average account balance

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

$157K

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.

495

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

$4.57M

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$331

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 4 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY6+ years Filed as: MORGAN STANLEY WEALTH MANAGEMENT Service code 27 · EIN 13-2655998	Advisory (Plan)	$80,000
TRANSAMERICA RETIREMENT SOLUTIONS6+ years Service code 12 · EIN 13-3689044	Sales loads (front end and deferred);...	$67,506
MID ATLANTIC CAPITAL CORPORATION6+ years Service code 33 · EIN 25-1409618	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES6+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$148K

$533 / participant

Investment mgmt$80K54.2%
Other / not subdivided$68K45.8%

% of EOY assets

0.231%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WISS & COMPANY LLP
Auditor EIN: 221732349
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$161,729

$100,801+60.4%

$149,745+8.0%

$73,412+120.3%

Participation rate

100.0%

77.7%+22.3pp

82.5%+17.5pp

72.2%+27.8pp

Annual return

14.60%

265.34%-250.7pp

276.72%-262.1pp

59.30%-44.7pp

Employer contribution / active EE

$1,322

$3,312-60.1%

$4,646-71.5%

$2,234-40.8%

Participant deferral / active EE

$10,199

$6,404+59.3%

$6,843+49.0%

$3,806+168.0%

Admin fee / account holder

$374

$181+107.1%

$9,312-96.0%

$158+137.1%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY6+ years

Filed as: MORGAN STANLEY WEALTH MANAGEMENT

Service code 27 · EIN 13-2655998

Advisory (Plan)

$80,000

TRANSAMERICA RETIREMENT SOLUTIONS6+ years

Service code 12 · EIN 13-3689044

Sales loads (front end and deferred);...

$67,506

MID ATLANTIC CAPITAL CORPORATION6+ years

Service code 33 · EIN 25-1409618

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES6+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

JAROS, BAUM & BOLLES EMPLOYEES 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAROS, BAUM & BOLLES EMPLOYEES 401(K) SAVINGS 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