Retirement plan

GETTRY MARCUS CPA, P.C. 401(K) PLAN

Name: GETTRY MARCUS CPA, P.C. - GETTRY MARCUS CPA, P.C. 401(K) PLAN (2023) Form 5500
Creator: GETTRY MARCUS CPA, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GETTRY MARCUS CPA, P.C. 401(K) PLAN, GETTRY MARCUS CPA, P.C.

GETTRY MARCUS CPA, P.C.EIN 13-3418879Plan #002PY 2023

88 FROEHLICH FARM BOULEVARD, SUITE 300 - WOODBURY, NY 11797516-364-3390LinkedIn51-200 employeesaccounting

Other plans on this EIN

2 filings

#001Retirement-$21.4M assets #003Retirement-$16.0M assets

Prospect flagsLow returnsLow employer contribution

How to read this page

Total assets (EOY)

$10.4M

+7.1% from 2022

Total participants

169

+20.7% from 2022

Average account balance

$70,501

-18.4% from 2022

Annual return

2.26%

+12.45 pp from 2022

Benchmarks

See 6,228 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,228 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 3 by compensation

Provider	Service type	Compensation
FUSION FAMILY WEALTH, LLC2 years Service code 27 88 FROELICH FARM BLVD · WOODBURY, NY 11797	Advisory (Plan)	$18,783
WOLF & COMPANY, P.C.2 years Filed as: THE WOLF PENSION GROUP, LLC Service code 13 114 OLD COUNTRY ROAD · MINEOLA, NY 11501	Contract Administrator	$849
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVING CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$463

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$186 / participant

Contract admin$20K100.0%

% of EOY assets

0.194%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,501

$91,474-22.9%

$135,982-48.2%

$71,529-1.4%

Participation rate

79.6%

75.7%+4.0pp

81.9%-2.3pp

67.9%+11.7pp

Annual return

2.26%

29.89%-27.6pp

68.32%-66.1pp

28.97%-26.7pp

Employer contribution / active EE

$864

$3,705-76.7%

$4,859-82.2%

$2,590-66.6%

Participant deferral / active EE

$6,634

$7,095-6.5%

$7,760-14.5%

$4,291+54.6%

Admin fee / account holder

$137

$1,267-89.2%

$10,767-98.7%

$1,588-91.4%

Provider

Service type

Compensation

FUSION FAMILY WEALTH, LLC2 years

Service code 27

88 FROELICH FARM BLVD · WOODBURY, NY 11797

Advisory (Plan)

$18,783

WOLF & COMPANY, P.C.2 years

Filed as: THE WOLF PENSION GROUP, LLC

Service code 13

114 OLD COUNTRY ROAD · MINEOLA, NY 11501

Contract Administrator

$849

AMERICAN FUNDS2 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVING CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$463

GETTRY MARCUS CPA, P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GETTRY MARCUS CPA, P.C. 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