Retirement plan

SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP 401(K) PLAN

Name: SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP - SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP 401(K) PLAN (2020) Form 5500
Creator: SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP 401(K) PLAN, SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP

SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLPEIN 20-5456686Plan #001PY 2020

1601 VETERANS MEMORIAL HIGHWAY - ISLANDIA, NY 11749212-962-2800LinkedIn1-10 employees

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+28.8% from 2019

Total participants

+41.7% from 2019

Average account balance

$134,713

+18.1% from 2019

Annual return

18.16%

-3.37 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.23M

Not enough data

1 years with asset history on file

Average account balance

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

$248K

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.

56.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$940

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 codes2E2G2J3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$211 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.169%

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

$134,713

$165,361-18.5%

$149,715-10.0%

$158,950-15.2%

Participation rate

61.5%

84.6%-23.0pp

82.5%-20.9pp

82.0%-20.4pp

Annual return

18.16%

348.24%-330.1pp

276.66%-258.5pp

302.91%-284.8pp

Employer contribution / active EE

$1,973

$5,103-61.3%

$4,645-57.5%

$4,762-58.6%

Participant deferral / active EE

$8,308

$7,182+15.7%

$6,842+21.4%

$5,983+38.9%

Admin fee / account holder

$228

$10,808-97.9%

$9,310-97.5%

$11,248-98.0%

SCHWARTZ, GOLDSTONE, CAMPISI & KATES LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHWARTZ, GOLDSTONE, CAMPISI & KATES 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