Retirement plan

PROFESSIONAL FINANCIAL STRATEGIES RETIREMENT PLAN

Name: PROFESSIONAL FINANCIAL STRATEGIES INC - PROFESSIONAL FINANCIAL STRATEGIES RETIREMENT PLAN (2017) Form 5500
Creator: PROFESSIONAL FINANCIAL STRATEGIES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFESSIONAL FINANCIAL STRATEGIES RETIREMENT PLAN, PROFESSIONAL FINANCIAL STRATEGIES INC

PROFESSIONAL FINANCIAL STRATEGIES INCdba PROFESSIONAL FINANCIALEIN 16-1432561Plan #001PY 2017

P.O. BOX 999 - PITTSFORD, NY 14534585-218-9080professionalfinancial.comLinkedIn1-10 employeesfinancial services

Other plans on this EIN

1 filing

#002Retirement-$2.0M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$2.1M

+20.5% from 2016

Total participants

0.0% from 2016

Average account balance

$687,125

+20.5% from 2016

Annual return

15.26%

+6.12 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.56M

Not enough data

1 years with asset history on file

Average account balance

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

$1.9M

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

$169K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$56K

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

+17.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28667

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 codes2E2G2J2R3D

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.
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

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

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

$687,125

$171,867+299.8%

$149,718+358.9%

$147,585+365.6%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

15.26%

2113.36%-2098.1pp

1501.70%-1486.4pp

578.57%-563.3pp

Employer contribution / active EE

$13,104

$6,275+108.8%

$5,444+140.7%

$4,876+168.7%

Participant deferral / active EE

$16,600

$7,270+128.3%

$6,568+152.7%

$5,439+205.2%

Admin fee / account holder

$13,799-100.0%

$11,283-100.0%

$10,885-100.0%

PROFESSIONAL FINANCIAL STRATEGIES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PROFESSIONAL FINANCIAL STRATEGIES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion