Retirement plan

JEFFREY J. KARVANDI, PLLC 401(K) SAFE HARBOR PROFIT SHARING PLAN

Name: JEFFREY J. KARVANDI, PLLC - JEFFREY J. KARVANDI, PLLC 401(K) SAFE HARBOR PROFIT SHARING PLAN (2016) Form 5500
Creator: JEFFREY J. KARVANDI, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEFFREY J. KARVANDI, PLLC 401(K) SAFE HARBOR PROFIT SHARING PLAN, JEFFREY J. KARVANDI, PLLC

JEFFREY J. KARVANDI, PLLCEIN 20-8069166Plan #001PY 2016

705 W SUSSEX - MISSOULA, MT 59801406-728-4032

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$144K

No prior year

Total participants

No prior year

Average account balance

$47,847

No prior year

Annual return

30.81%

No prior year

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.35M

Not enough data

1 years with asset history on file

Average account balance

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

$225K

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.

66.7%

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

$8K

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

+29.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J

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.

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

$87

$15 / participant

Other / not subdivided$87100.0%

% of EOY assets

0.061%

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

$47,847

$181,896-73.7%

$156,551-69.4%

$273,972-82.5%

Participation rate

50.0%

88.4%-38.4pp

84.0%-34.0pp

83.0%-33.0pp

Annual return

30.81%

30.74%+0.1pp

32.23%-1.4pp

41.46%-10.6pp

Employer contribution / active EE

$1,848

$6,248-70.4%

$5,501-66.4%

$4,869-62.1%

Participant deferral / active EE

$3,385

$5,550-39.0%

$4,871-30.5%

$5,287-36.0%

Admin fee / account holder

$29

$15,560-99.8%

$13,028-99.8%

$10,133-99.7%

JEFFREY J. KARVANDI, PLLC 401(K) SAFE HARBOR PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEFFREY J. KARVANDI, PLLC 401(K) SAFE HARBOR 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