Retirement plan

FITZSIMMONS, NUNN & PLUKAS, LLP 401(K) PLAN

Name: FITZSIMMONS, NUNN & PLUKAS, LLP - FITZSIMMONS, NUNN & PLUKAS, LLP 401(K) PLAN (2019) Form 5500
Creator: FITZSIMMONS, NUNN & PLUKAS, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FITZSIMMONS, NUNN & PLUKAS, LLP 401(K) PLAN, FITZSIMMONS, NUNN & PLUKAS, LLP

FITZSIMMONS, NUNN & PLUKAS, LLPEIN 16-0815166Plan #002PY 2019

16 EAST MAIN STRETT, SUITE 300 - ROCHESTER, NY 14614585-546-5270fitznunn.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

-40.6% from 2017

Total participants

-15.4% from 2017

Average account balance

$239,758

-29.8% from 2017

Annual return

15.41%

+6.37 pp from 2017

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.74M

Not enough data

1 years with asset history on file

Average account balance

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

$374K

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

$83K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13112

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 codes2E2G2J2R3B

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

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

$1.1M

$100818 / participant

Other / not subdivided$1M100.0%

% of EOY assets

42.050%

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

$239,758

$157,304+52.4%

$141,197+69.8%

$152,909+56.8%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

15.41%

64.34%-48.9pp

71.41%-56.0pp

345.46%-330.1pp

Employer contribution / active EE

$7,106

$5,263+35.0%

$4,736+50.0%

$4,764+49.2%

Participant deferral / active EE

$4,159

$7,111-41.5%

$6,710-38.0%

$5,851-28.9%

Admin fee / account holder

$100,818

$12,126+731.4%

$10,265+882.2%

$11,601+769.1%

FITZSIMMONS, NUNN & PLUKAS, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FITZSIMMONS, NUNN & PLUKAS, LLP 401(K) 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