Retirement plan

LOUIS TUMOLO, JR., D.V.M., P.C. 401(K) PLAN AND TRUST

Name: LOUIS TUMOLO, JR., D.V.M., P.C. - LOUIS TUMOLO, JR., D.V.M., P.C. 401(K) PLAN AND TRUST (2022) Form 5500
Creator: LOUIS TUMOLO, JR., D.V.M., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOUIS TUMOLO, JR., D.V.M., P.C. 401(K) PLAN AND TRUST, LOUIS TUMOLO, JR., D.V.M., P.C.

LOUIS TUMOLO, JR., D.V.M., P.C.EIN 14-1593487Plan #001PY 2022

6450 MONTGOMERY ST - RHINEBECK, NY 125721360845-876-6008

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$928K

+3.7% from 2021

Total participants

+7.9% from 2021

Average account balance

$29,925

-3.0% from 2021

Annual return

-19.25%

-36.41 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.25M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+19.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$244

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 codes2J2T3D

Plan features

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$29,925

$82,674-63.8%

$125,363-76.1%

$68,495-56.3%

Participation rate

72.2%

75.0%-2.8pp

82.4%-10.2pp

67.9%+4.3pp

Annual return

-19.25%

-5.97%-13.3pp

572.15%-591.4pp

-7.84%-11.4pp

Employer contribution / active EE

$1,778

$3,382-47.4%

$4,815-63.1%

$2,596-31.5%

Participant deferral / active EE

$3,930

$6,111-35.7%

$7,447-47.2%

$4,028-2.4%

Admin fee / account holder

$6,276-100.0%

$10,005-100.0%

$5,403-100.0%

LOUIS TUMOLO, JR., D.V.M., P.C. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LOUIS TUMOLO, JR., D.V.M., P.C. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion