Retirement plan

TUCHMAN, WEISS, LIEBMAN & LINDEMANN, LLP 401(K) PLAN

Name: TUCHMAN, WEISS, LIEBMAN & LINDEM - TUCHMAN, WEISS, LIEBMAN & LINDEMANN, LLP 401(K) PLAN (2021) Form 5500
Creator: TUCHMAN, WEISS, LIEBMAN & LINDEM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TUCHMAN, WEISS, LIEBMAN & LINDEMANN, LLP 401(K) PLAN, TUCHMAN, WEISS, LIEBMAN & LINDEM

TUCHMAN, WEISS, LIEBMAN & LINDEMEIN 13-1655049Plan #002PY 2021

6 E 45TH ST., 7TH FLOOR - NEW YORK, NY 10017212-687-3747

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4M

-23.9% from 2020

Total participants

-17.4% from 2020

Average account balance

$220,923

-7.0% from 2020

Annual return

11.46%

-4.31 pp from 2020

Benchmarks

See 126,134 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,134 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.49M

Not enough data

1 years with asset history on file

Average account balance

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

$218K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$336K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+6.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48397

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 codes2E2F2G2J2T3B3D

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.
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.
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

$2.2M

$158978 / participant

Other / not subdivided$2M100.0%

% of EOY assets

55.969%

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

$220,923

$176,077+25.5%

$159,455+38.5%

$167,518+31.9%

Participation rate

92.9%

84.9%+7.9pp

82.8%+10.0pp

82.1%+10.7pp

Annual return

11.46%

331.83%-320.4pp

263.63%-252.2pp

478.71%-467.3pp

Employer contribution / active EE

$12,831

$5,298+142.2%

$4,830+165.6%

$4,838+165.2%

Participant deferral / active EE

$14,233

$7,751+83.6%

$7,353+93.6%

$6,342+124.4%

Admin fee / account holder

$123,650

$12,556+884.8%

$10,800+1044.9%

$12,312+904.3%

TUCHMAN, WEISS, LIEBMAN & LINDEMANN, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TUCHMAN, WEISS, LIEBMAN & LINDEMANN, 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