Retirement plan

GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP

Name: GOLDBERG WEPRIN FINKEL GOLDSTEIN - GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP (2015) Form 5500
Creator: GOLDBERG WEPRIN FINKEL GOLDSTEIN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP, GOLDBERG WEPRIN FINKEL GOLDSTEIN

GOLDBERG WEPRIN FINKEL GOLDSTEINEIN 13-2549504Plan #002PY 2015

1501 BROADWAY, 22ND FLOOR - NEW YORK, NY 10036212-221-5700gwfglaw.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

2 filings

#008Retirement-$1.5M assets #001Retirement-$1.1M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$7.9M

No prior year

Total participants

No prior year

Average account balance

$121,316

No prior year

Annual return

-0.26%

No prior year

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.78M

Not enough data

1 years with asset history on file

Average account balance

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

$250K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$852K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18331

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 codes2F2G2T3D2E2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$53K

$991 / participant

Other / not subdivided$53K100.0%

% of EOY assets

0.666%

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

$121,316

$72,177+68.1%

$115,038+5.5%

$59,633+103.4%

Participation rate

92.5%

72.6%+19.9pp

81.4%+11.1pp

68.7%+23.8pp

Annual return

-0.26%

12.02%-12.3pp

26.14%-26.4pp

2041.45%-2041.7pp

Employer contribution / active EE

$7,305

$2,841+157.1%

$4,608+58.5%

$2,203+231.7%

Participant deferral / active EE

$6,894

$4,783+44.1%

$6,026+14.4%

$3,192+116.0%

Admin fee / account holder

$808

$4,927-83.6%

$8,175-90.1%

$4,297-81.2%

GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP

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