Retirement plan

RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP PROFIT SHARING PLAN

Name: RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP - RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP PROFIT SHARING PLAN (2018) Form 5500
Creator: RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP PROFIT SHARING PLAN, RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP

RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLPEIN 22-1521296Plan #001PY 2018

ONE SPEEDWELL AVENUE - MORRISTOWN, NJ 079621981973-538-0800riker.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#003Retirement-$13.5M assets #002Retirement-$13.4M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$101.3M

-6.7% from 2017

Total participants

252

+2.9% from 2017

Average account balance

$402,113

-9.3% from 2017

Annual return

-1.35%

-18.76 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$155.09M

Not enough data

1 years with asset history on file

Average account balance

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

$728K

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.

213

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+15.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$447

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PORTFOLIO EVALUATIONS, INC.3 years Service code 27 · EIN 22-3189064	Advisory (Plan)	$33,060
COHN REZNICK LLP2 years Service code 10 · EIN 22-1478099	Accounting	$15,200
THE VANGUARD GROUP, INC.4+ years Service code 15 · EIN 23-1945930	Recordkeeping	$3,293

Plan features & details

Pension benefit codes2E2F2G2J2T3B

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.
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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$52K

$323 / participant

Other / not subdivided$52K100.0%

% of EOY assets

0.051%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHN REZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$402,113

$73,102+450.1%

$123,553+225.5%

$56,289+614.4%

Participation rate

100.0%

74.3%+25.7pp

82.3%+17.7pp

69.9%+30.1pp

Annual return

-1.35%

3.01%-4.4pp

119.21%-120.6pp

-9.96%+8.6pp

Employer contribution / active EE

$11,653

$2,977+291.4%

$4,628+151.8%

$2,111+452.0%

Participant deferral / active EE

$7,083

$5,423+30.6%

$6,426+10.2%

$3,350+111.5%

Admin fee / account holder

$207

$554-62.7%

$9,284-97.8%

$521-60.4%

Provider

Service type

Compensation

PORTFOLIO EVALUATIONS, INC.3 years

Service code 27 · EIN 22-3189064

Advisory (Plan)

$33,060

COHN REZNICK LLP2 years

Service code 10 · EIN 22-1478099

Accounting

$15,200

THE VANGUARD GROUP, INC.4+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$3,293

RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIKER, DANZIG, SCHERER, HYLAND & PERRETTI, LLP 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