Retirement plan

MARTIN, HARDING & MAZZOTTI, LLP PROFIT SHARING PLAN

Name: MARTIN, HARDING & MAZZOTTI, LLP - MARTIN, HARDING & MAZZOTTI, LLP PROFIT SHARING PLAN (2020) Form 5500
Creator: MARTIN, HARDING & MAZZOTTI, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARTIN, HARDING & MAZZOTTI, LLP PROFIT SHARING PLAN, MARTIN, HARDING & MAZZOTTI, LLP

MARTIN, HARDING & MAZZOTTI, LLPEIN 14-1773128Plan #002PY 2020

1 WALL STREET - ALBANY, NY 12205800-529-10101800law1010.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#003Retirement-$1.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$23.8M

+18.5% from 2019

Total participants

123

+8.8% from 2019

Average account balance

$202,997

+12.4% from 2019

Annual return

21.19%

-3.27 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.37M

Not enough data

1 years with asset history on file

Average account balance

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

$241K

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.

151

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

$2.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+17.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
EDWARD JONES1 year Service code 27 · EIN 43-0345811	Advisory (Plan)	$36,593
JANET A. PANEBIANCO, CPA, PLLC1 year Service code 13 · EIN 71-1039549	Contract Administrator	$5,763
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$1,529
WILSHIRE ASSOCIATES INCORPORATED1 year Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Expense breakdown

Schedule H Part II

Admin total

$3K

$29 / participant

Contract admin$3K100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LUTZ, SELIG & ZERONDA, LLP
Auditor EIN: 141745230
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$202,997

$99,957+103.1%

$149,745+35.6%

$73,497+176.2%

Participation rate

94.0%

75.7%+18.3pp

82.5%+11.5pp

70.7%+23.3pp

Annual return

21.19%

53.87%-32.7pp

276.72%-255.5pp

28.51%-7.3pp

Employer contribution / active EE

$3,703

$3,191+16.0%

$4,646-20.3%

$2,270+63.1%

Participant deferral / active EE

$7,155

$6,073+17.8%

$6,843+4.6%

$3,740+91.3%

Admin fee / account holder

$25

$551-95.5%

$9,312-99.7%

$513-95.2%

Provider

Service type

Compensation

EDWARD JONES1 year

Service code 27 · EIN 43-0345811

Advisory (Plan)

$36,593

JANET A. PANEBIANCO, CPA, PLLC1 year

Service code 13 · EIN 71-1039549

Contract Administrator

$5,763

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$1,529

WILSHIRE ASSOCIATES INCORPORATED1 year

Service code 27 · EIN 95-2755361

Advisory (Plan)

MARTIN, HARDING & MAZZOTTI, LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARTIN, HARDING & MAZZOTTI, LLP 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