Retirement plan

GAIR, GAIR, CONASON EMPLOYEES' 401(K) PROFIT SHARING PLAN

Name: GAIR, GAIR, CONASON, RUBINOWITZ, BLOOM, HERSHENHORN STEIGMAN & MACKAUF - GAIR, GAIR, CONASON EMPLOYEES' 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: GAIR, GAIR, CONASON, RUBINOWITZ, BLOOM, HERSHENHORN STEIGMAN & MACKAUF
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GAIR, GAIR, CONASON EMPLOYEES' 401(K) PROFIT SHARING PLAN, GAIR, GAIR, CONASON, RUBINOWITZ, BLOOM, HERSHENHORN STEIGMAN & MACKAUF

GAIR, GAIR, CONASON, RUBINOWITZ, BLOOM, HERSHENHORN STEIGMAN & MACKAUFEIN 13-3264341Plan #001PY 2019

80 PINE ST - NEW YORK, NY 100051768212-943-1090gairgair.comLinkedIn51-200 employeeslegal services

Other plans on this EIN

1 filing

#002Retirement-$836K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$26.4M

+26.9% from 2018

Total participants

+3.1% from 2018

Average account balance

$800,570

+19.2% from 2018

Annual return

25.36%

+31.86 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.75M

Not enough data

1 years with asset history on file

Average account balance

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

$965K

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+16.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12404

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 codes2E2G2J2R2T3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$476K

$18302 / participant

Other / not subdivided$476K100.0%

% of EOY assets

1.801%

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

$800,570

$89,370+795.8%

$141,197+467.0%

$72,976+997.0%

Participation rate

100.0%

75.1%+24.9pp

82.5%+17.5pp

69.5%+30.5pp

Annual return

25.36%

111.88%-86.5pp

71.41%-46.0pp

81.02%-55.7pp

Employer contribution / active EE

$17,477

$3,115+461.1%

$4,736+269.0%

$2,440+616.2%

Participant deferral / active EE

$11,746

$5,419+116.8%

$6,710+75.0%

$3,608+225.6%

Admin fee / account holder

$14,419

$5,957+142.1%

$10,265+40.5%

$5,124+181.4%

GAIR, GAIR, CONASON EMPLOYEES' 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GAIR, GAIR, CONASON EMPLOYEES' 401(K) 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