Retirement plan

KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP 401(K) RETIREMENT PLAN

Name: KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP - KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP 401(K) RETIREMENT PLAN, KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP

KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLPEIN 16-0502220Plan #001PY 2019

135 CORPORATE WOODS, SUITE 300 - ROCHESTER, NY 14623585-325-7440kamanesq.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+15.0% from 2018

Total participants

-8.3% from 2018

Average account balance

$84,379

+20.5% from 2018

Annual return

19.61%

+23.71 pp from 2018

Benchmarks

See 119,358 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,358 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.26M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

129.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$163K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4659

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 codes2E2F2G2J2T3B3D

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.
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

$193K

$11382 / participant

Other / not subdivided$193K100.0%

% of EOY assets

10.919%

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

$84,379

$157,276-46.3%

$141,177-40.2%

$152,885-44.8%

Participation rate

94.1%

84.8%+9.3pp

82.5%+11.6pp

82.5%+11.7pp

Annual return

19.61%

64.33%-44.7pp

71.40%-51.8pp

345.39%-325.8pp

Employer contribution / active EE

$2,149

$5,262-59.2%

$4,736-54.6%

$4,763-54.9%

Participant deferral / active EE

$4,832

$7,110-32.0%

$6,710-28.0%

$5,851-17.4%

Admin fee / account holder

$9,214

$12,123-24.0%

$10,263-10.2%

$11,598-20.6%

KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAMAN, BERLOVE, MARAFIOTI, JACOBSTEIN & GOLDMAN, LLP 401(K) RETIREMENT 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