Retirement plan

STEPHEN WANG & ASSOCIATES PROFIT SHARING PLAN

Name: STEPHEN WANG & ASSOCIATES, ARCHITECT, PLLC - STEPHEN WANG & ASSOCIATES PROFIT SHARING PLAN (2019) Form 5500
Creator: STEPHEN WANG & ASSOCIATES, ARCHITECT, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPHEN WANG & ASSOCIATES PROFIT SHARING PLAN, STEPHEN WANG & ASSOCIATES, ARCHITECT, PLLC

STEPHEN WANG & ASSOCIATES, ARCHITECT, PLLCEIN 20-0570113Plan #001PY 2019

950 THIRD AVENUE, 4TH FLOOR - NEW YORK, NY 10022212-829-9494thenewyorkarchitect.comLinkedIn1-10 employeesarchitecture & planning

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+25.0% from 2018

Total participants

0.0% from 2018

Average account balance

$143,988

+25.0% from 2018

Annual return

21.11%

+24.64 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

$3.42M

Not enough data

1 years with asset history on file

Average account balance

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

$342K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2032

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 codes2E2G2J2T3B3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$3K

$196 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.136%

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

$143,988

$157,276-8.4%

$141,177+2.0%

$152,885-5.8%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

21.11%

64.33%-43.2pp

71.40%-50.3pp

345.39%-324.3pp

Employer contribution / active EE

$4,200

$5,262-20.2%

$4,736-11.3%

$4,763-11.8%

Participant deferral / active EE

$429

$7,110-94.0%

$6,710-93.6%

$5,851-92.7%

Admin fee / account holder

$196

$12,123-98.4%

$10,263-98.1%

$11,598-98.3%

STEPHEN WANG & ASSOCIATES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPHEN WANG & ASSOCIATES 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