Retirement plan

SINOPOLI & SINOPOLI, CPA'S, PC 401(K) PROFIT SHARING PLAN

Name: SINOPOLI & SINOPOLI, CPA'S, PC - SINOPOLI & SINOPOLI, CPA'S, PC 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SINOPOLI & SINOPOLI, CPA'S, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SINOPOLI & SINOPOLI, CPA'S, PC 401(K) PROFIT SHARING PLAN, SINOPOLI & SINOPOLI, CPA'S, PC

SINOPOLI & SINOPOLI, CPA'S, PCEIN 14-1729675Plan #001PY 2017

6323 FLY ROAD, SUITE 1 - EAST SYRACUSE, NY 13057315-474-7500sinopoli.comLinkedIn11-50 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

-5.2% from 2016

Total participants

-16.7% from 2016

Average account balance

$199,720

+13.7% from 2016

Annual return

14.64%

+6.22 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

$3.57M

Not enough data

1 years with asset history on file

Average account balance

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

$275K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$192K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+19.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6360

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$551K

$68915 / participant

Other / not subdivided$551K100.0%

% of EOY assets

27.605%

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

$199,720

$150,447+32.8%

$136,298+46.5%

$147,586+35.3%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

14.64%

1049.15%-1034.5pp

5156.27%-5141.6pp

578.59%-564.0pp

Employer contribution / active EE

$3,851

$5,256-26.7%

$4,696-18.0%

$4,876-21.0%

Participant deferral / active EE

$10,546

$6,631+59.0%

$6,247+68.8%

$5,439+93.9%

Admin fee / account holder

$55,132

$10,906+405.5%

$9,244+496.4%

$10,886+406.5%

SINOPOLI & SINOPOLI, CPA'S, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SINOPOLI & SINOPOLI, CPA'S, PC 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