Retirement plan

CORBALLY, GARTLAND AND RAPPLEYEA, LLP 401K PROFIT SHARING PLAN AND TRUST

Name: CORBALLY, GARTLAND AND RAPPLEYEA, LLP - CORBALLY, GARTLAND AND RAPPLEYEA, LLP 401K PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: CORBALLY, GARTLAND AND RAPPLEYEA, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORBALLY, GARTLAND AND RAPPLEYEA, LLP 401K PROFIT SHARING PLAN AND TRUST, CORBALLY, GARTLAND AND RAPPLEYEA, LLP

CORBALLY, GARTLAND AND RAPPLEYEA, LLPEIN 14-1384341Plan #004PY 2022

35 MARKET STREET - POUGHKEEPSIE, NY 12601845-454-1110cgrlaw.comLinkedIn11-50 employeeslegal services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

-21.7% from 2021

Total participants

0.0% from 2021

Average account balance

$105,421

-14.1% from 2021

Annual return

-17.04%

-26.50 pp from 2021

Benchmarks

See 27,998 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,998 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.84M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$173K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4859

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 codes2E2F2G2J2T3B3D2R

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.
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

$423K

$13644 / participant

Other / not subdivided$423K100.0%

% of EOY assets

12.942%

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

$105,421

$82,678+27.5%

$125,391-15.9%

$68,490+53.9%

Participation rate

74.2%

75.1%-0.9pp

82.4%-8.2pp

67.9%+6.3pp

Annual return

-17.04%

-5.97%-11.1pp

572.41%-589.5pp

-7.85%-9.2pp

Employer contribution / active EE

$1,911

$3,382-43.5%

$4,816-60.3%

$2,597-26.4%

Participant deferral / active EE

$4,907

$6,111-19.7%

$7,448-34.1%

$4,028+21.8%

Admin fee / account holder

$13,644

$6,277+117.3%

$10,009+36.3%

$5,403+152.5%

CORBALLY, GARTLAND AND RAPPLEYEA, LLP 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORBALLY, GARTLAND AND RAPPLEYEA, LLP 401K PROFIT SHARING PLAN AND TRUST

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