Retirement plan

MAURICE KASSIMIR & ASSOCIATES, P.C. 401(K) PLAN

Name: MAURICE KASSIMIR & ASSOCIATES, P.C. - MAURICE KASSIMIR & ASSOCIATES, P.C. 401(K) PLAN (2017) Form 5500
Creator: MAURICE KASSIMIR & ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAURICE KASSIMIR & ASSOCIATES, P.C. 401(K) PLAN, MAURICE KASSIMIR & ASSOCIATES, P.C.

MAURICE KASSIMIR & ASSOCIATES, P.C.EIN 13-3605496Plan #001PY 2017

1375 BROADWAY, 23RD FLOOR - NEW YORK, NY 10018212-944-1377mkpclaw.comLinkedIn1-10 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$4.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+20.9% from 2016

Total participants

+9.1% from 2016

Average account balance

$234,570

+10.8% from 2016

Annual return

12.84%

+3.23 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.86M

Not enough data

1 years with asset history on file

Average account balance

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

$652K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$307K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+8.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$884

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 codes2E2F2H2J

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$22K

$2005 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.784%

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

$234,570

$150,447+55.9%

$136,298+72.1%

$147,586+58.9%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

12.84%

1049.15%-1036.3pp

5156.27%-5143.4pp

578.59%-565.8pp

Employer contribution / active EE

$4,887

$5,256-7.0%

$4,696+4.1%

$4,876+0.2%

Participant deferral / active EE

$13,671

$6,631+106.2%

$6,247+118.8%

$5,439+151.4%

Admin fee / account holder

$1,838

$10,906-83.1%

$9,244-80.1%

$10,886-83.1%

MAURICE KASSIMIR & ASSOCIATES, P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAURICE KASSIMIR & ASSOCIATES, 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