Retirement plan

PORT KASHDIN & MCSHERRY CPAS 401K PROFIT SHARING PLAN

Name: PORT, KASHDIN & MCSHERRY CPAS - PORT KASHDIN & MCSHERRY CPAS 401K PROFIT SHARING PLAN (2018) Form 5500
Creator: PORT, KASHDIN & MCSHERRY CPAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PORT KASHDIN & MCSHERRY CPAS 401K PROFIT SHARING PLAN, PORT, KASHDIN & MCSHERRY CPAS

PORT, KASHDIN & MCSHERRY CPASEIN 16-1013595Plan #001PY 2018

3535 WEST ROAD - CORTLAND, NY 13045607-756-5681portkashdinmcsherry.comLinkedIn1-10 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

-4.9% from 2017

Total participants

+11.1% from 2017

Average account balance

$137,517

-14.4% from 2017

Annual return

-6.13%

-18.97 pp from 2017

Benchmarks

See 116,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,756 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.38M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

183.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+20.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$388

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$36K

$5124 / participant

Other / not subdivided$36K100.0%

% of EOY assets

2.608%

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

$137,517

$138,076-0.4%

$123,553+11.3%

$135,380+1.6%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-6.13%

153.70%-159.8pp

119.21%-125.3pp

519.81%-525.9pp

Employer contribution / active EE

$1,173

$5,152-77.2%

$4,628-74.7%

$4,779-75.5%

Participant deferral / active EE

$6,049

$6,800-11.0%

$6,426-5.9%

$5,609+7.9%

Admin fee / account holder

$3,587

$10,917-67.1%

$9,284-61.4%

$10,828-66.9%

PORT KASHDIN & MCSHERRY CPAS 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PORT KASHDIN & MCSHERRY CPAS 401K 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