Retirement plan

LAW OFFICE OF GEWURZ&ZACCARIA, P.C 401K PLAN

Name: LAW OFFICE OF GEWURZ & ZACCARIA, P.C - LAW OFFICE OF GEWURZ&ZACCARIA, P.C 401K PLAN (2023) Form 5500
Creator: LAW OFFICE OF GEWURZ & ZACCARIA, P.C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAW OFFICE OF GEWURZ&ZACCARIA, P.C 401K PLAN, LAW OFFICE OF GEWURZ & ZACCARIA, P.C

LAW OFFICE OF GEWURZ & ZACCARIA, P.CEIN 20-3203988Plan #001PY 2023

50 CHARLES LINDBERGH BLVD STE 204 - UNIONDALE, NY 115533600516-228-5500LinkedIn11-50 employeeslegal services

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6M

+17.4% from 2022

Total participants

0.0% from 2022

Average account balance

$397,669

+25.3% from 2022

Annual return

9.03%

+14.96 pp from 2022

Benchmarks

See 139,849 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,849 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.39M

Not enough data

1 years with asset history on file

Average account balance

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

$456K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$325K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+8.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52556

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 codes2E2F2G2T3B3D

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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$30K

$3006 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.504%

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

$397,669

$148,582+167.6%

$135,942+192.5%

$139,456+185.2%

Participation rate

90.0%

83.9%+6.1pp

81.9%+8.1pp

80.3%+9.7pp

Annual return

9.03%

79.26%-70.2pp

68.28%-59.3pp

373.45%-364.4pp

Employer contribution / active EE

$26,093

$5,245+397.5%

$4,858+437.2%

$4,753+449.0%

Participant deferral / active EE

$17,014

$8,101+110.0%

$7,759+119.3%

$6,711+153.5%

Admin fee / account holder

$2,004

$12,402-83.8%

$10,764-81.4%

$11,407-82.4%

LAW OFFICE OF GEWURZ&ZACCARIA, P.C 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAW OFFICE OF GEWURZ&ZACCARIA, P.C 401K 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