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 (2020) 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 2020

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$2M

+13.6% from 2019

Total participants

+18.2% from 2019

Average account balance

$80,487

-4.6% from 2019

Annual return

5.35%

-14.27 pp from 2019

Benchmarks

See 120,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,756 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.85M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

143.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$140K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2291

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$6K

$315 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.313%

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

$80,487

$165,381-51.3%

$149,730-46.2%

$158,966-49.4%

Participation rate

95.0%

84.6%+10.4pp

82.5%+12.5pp

82.0%+13.0pp

Annual return

5.35%

348.29%-342.9pp

276.70%-271.4pp

302.95%-297.6pp

Employer contribution / active EE

$1,988

$5,104-61.1%

$4,645-57.2%

$4,762-58.3%

Participant deferral / active EE

$5,286

$7,182-26.4%

$6,843-22.7%

$5,983-11.7%

Admin fee / account holder

$252

$10,809-97.7%

$9,310-97.3%

$11,250-97.8%

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