Retirement plan

GIBNEY, ANTHONY & FLAHERTY PROFIT SHARING PLAN

Name: GIBNEY, ANTHONY & FLAHERTY, LLP - GIBNEY, ANTHONY & FLAHERTY PROFIT SHARING PLAN (2017) Form 5500
Creator: GIBNEY, ANTHONY & FLAHERTY, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GIBNEY, ANTHONY & FLAHERTY PROFIT SHARING PLAN, GIBNEY, ANTHONY & FLAHERTY, LLP

GIBNEY, ANTHONY & FLAHERTY, LLPEIN 13-1910984Plan #001PY 2017

665 FIFTH AVE - NEW YORK, NY 10022212-688-5151gibney.comLinkedIn51-200 employeeslaw practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$34.8M

+23.4% from 2016

Total participants

161

+2.5% from 2016

Average account balance

$228,687

+20.2% from 2016

Annual return

21.90%

+14.08 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.58M

Not enough data

1 years with asset history on file

Average account balance

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

$311K

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.

182

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.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+17.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$42

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

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$1K

$13 / participant

Investment mgmt$1K87.7%
Other / not subdivided$17712.3%

% of EOY assets

0.004%

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: MARKS PANETH LLP
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$228,687

$80,753+183.2%

$136,298+67.8%

$62,293+267.1%

Participation rate

91.8%

73.5%+18.3pp

81.9%+9.9pp

69.5%+22.3pp

Annual return

21.90%

35.83%-13.9pp

5156.27%-5134.4pp

28.90%-7.0pp

Employer contribution / active EE

$3,955

$2,884+37.1%

$4,696-15.8%

$2,042+93.6%

Participant deferral / active EE

$9,049

$5,164+75.2%

$6,247+44.8%

$3,169+185.5%

Admin fee / account holder

$525-98.2%

$9,244-99.9%

$479-98.0%

GIBNEY, ANTHONY & FLAHERTY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GIBNEY, ANTHONY & FLAHERTY 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