Retirement plan

401K SAVINGS PLAN FOR PETER MARINO ARCHITECT

Name: PETER MARINO ARCHITECT, PLLC - 401K SAVINGS PLAN FOR PETER MARINO ARCHITECT (2017) Form 5500
Creator: PETER MARINO ARCHITECT, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401K SAVINGS PLAN FOR PETER MARINO ARCHITECT, PETER MARINO ARCHITECT, PLLC

PETER MARINO ARCHITECT, PLLCEIN 13-3070339Plan #001PY 2017

150 EAST 58TH STREET - NEW YORK, NY 101550002212-752-5444petermarinoarchitect.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.7M

+24.0% from 2016

Total participants

185

+4.5% from 2016

Average account balance

$145,094

+23.2% from 2016

Annual return

17.94%

+10.75 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

$41.77M

Not enough data

1 years with asset history on file

Average account balance

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

$263K

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.

159

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.

71.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+18.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73

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 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111	Indirect Investment Fees	$57,565
PETER E. SMITH3+ years Service code 16 · EIN 03-1369707 703 WEST HOUSATONIC STREET · PITTSFIELD, MA 01201	Consulting	$53,730
STRATEGIC PENSION SERVICES, LLC3+ years Service code 13 · EIN 14-1836262 376 ALBANY SHAKER ROAD · ALBANY, NY 12211	Contract Administrator	$27,942

Plan features & details

Pension benefit codes3B2E2F2G2J2K3D2T

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.
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.
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

$58K

$408 / participant

Other / not subdivided$58K100.0%

% of EOY assets

0.277%

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: PAUL A. FEBBRARO JR. CPA P.C.
Auditor EIN: 133644338
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$145,094

$80,753+79.7%

$136,298+6.5%

$62,293+132.9%

Participation rate

70.2%

73.5%-3.3pp

81.9%-11.7pp

69.5%+0.7pp

Annual return

17.94%

35.83%-17.9pp

5156.27%-5138.3pp

28.90%-11.0pp

Employer contribution / active EE

$2,418

$2,884-16.2%

$4,696-48.5%

$2,042+18.4%

Participant deferral / active EE

$7,699

$5,164+49.1%

$6,247+23.2%

$3,169+142.9%

Admin fee / account holder

$403

$525-23.4%

$9,244-95.6%

$479-16.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

1295 STATE STREET · SPRINGFIELD, MA 01111

Indirect Investment Fees

$57,565

PETER E. SMITH3+ years

Service code 16 · EIN 03-1369707

703 WEST HOUSATONIC STREET · PITTSFIELD, MA 01201

Consulting

$53,730

STRATEGIC PENSION SERVICES, LLC3+ years

Service code 13 · EIN 14-1836262

376 ALBANY SHAKER ROAD · ALBANY, NY 12211

Contract Administrator

$27,942

401K SAVINGS PLAN FOR PETER MARINO ARCHITECT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401K SAVINGS PLAN FOR PETER MARINO ARCHITECT

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