Retirement plan

LAW OFFICES OF KAREN SHERMAN 401 (K) PROFIT SHARING PLAN

Name: LAW OFFICES OF KAREN SHERMAN - LAW OFFICES OF KAREN SHERMAN 401 (K) PROFIT SHARING PLAN (2017) Form 5500
Creator: LAW OFFICES OF KAREN SHERMAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAW OFFICES OF KAREN SHERMAN 401 (K) PROFIT SHARING PLAN, LAW OFFICES OF KAREN SHERMAN

LAW OFFICES OF KAREN SHERMANEIN 15-9385863Plan #003PY 2017

1140 BROADWAY, SUITE 904 - NEW YORK, NY 10001212-302-9456LinkedIn1-10 employeeslaw practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$1.3M

+18.9% from 2016

Total participants

0.0% from 2016

Average account balance

$658,634

+18.9% from 2016

Annual return

13.15%

+6.80 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

$128K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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

$62K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+2.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33000

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$160

$80 / participant

Other / not subdivided$160100.0%

% of EOY assets

0.012%

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

$658,634

$150,447+337.8%

$136,298+383.2%

$147,586+346.3%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

13.15%

1049.15%-1036.0pp

5156.27%-5143.1pp

578.59%-565.4pp

Employer contribution / active EE

$19,808

$5,256+276.8%

$4,696+321.8%

$4,876+306.2%

Participant deferral / active EE

$12,000

$6,631+81.0%

$6,247+92.1%

$5,439+120.6%

Admin fee / account holder

$80

$10,906-99.3%

$9,244-99.1%

$10,886-99.3%

LAW OFFICES OF KAREN SHERMAN 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAW OFFICES OF KAREN SHERMAN 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