Retirement plan

LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK 401(K) SAVINGS PLAN

Name: LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK - LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK 401(K) SAVINGS PLAN (2015) Form 5500
Creator: LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK 401(K) SAVINGS PLAN, LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK

LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIKEIN 22-2269956Plan #004PY 2015

600 SOUTH AVENUE WEST - WESTFIELD, NJ 07090908-654-5000lernerdavid.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

3 filings

#001Retirement-$28.4M assets #005Retirement-$6.6M assets #006Retirement-$45K assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$29.6M

No prior year

Total participants

190

No prior year

Average account balance

$187,507

No prior year

Annual return

0.21%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-96.74%

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

Top 3 by compensation

Provider	Service type	Compensation
APS PENSION & FINANCIAL SERVICES IN1+ years Filed as: APS PENSION AND FINANCIAL SERVICES Service code 15 · EIN 11-2588222	Recordkeeping	$24,066
COHNREZNICK LLP1+ years Service code 99 · EIN 22-1478099	Other Fees	$22,021
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA RETIREMENT INS. AND ANNUITY CO Service code 26 · EIN 71-0294708	Advisory (Participants)	$3,241

Plan features & details

Pension benefit codes2E2G2J3B3D

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$44 / participant

Investment mgmt$7K100.0%

% of EOY assets

0.022%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EISNER AMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$187,507

$70,002+167.9%

$115,038+63.0%

$52,331+258.3%

Participation rate

78.4%

72.1%+6.3pp

81.4%-3.0pp

68.1%+10.3pp

Annual return

0.21%

4.04%-3.8pp

26.14%-25.9pp

4.54%-4.3pp

Employer contribution / active EE

$196

$2,715-92.8%

$4,608-95.7%

$1,882-89.6%

Participant deferral / active EE

$9,402

$4,920+91.1%

$6,026+56.0%

$3,022+211.1%

Admin fee / account holder

$41

$566-92.7%

$8,175-99.5%

$592-93.0%

Provider

Service type

Compensation

APS PENSION & FINANCIAL SERVICES IN1+ years

Filed as: APS PENSION AND FINANCIAL SERVICES

Service code 15 · EIN 11-2588222

Recordkeeping

$24,066

COHNREZNICK LLP1+ years

Service code 99 · EIN 22-1478099

Other Fees

$22,021

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA RETIREMENT INS. AND ANNUITY CO

Service code 26 · EIN 71-0294708

Advisory (Participants)

$3,241

LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LERNER, DAVID, LITTENBERG, KRUMHOLZ & MENTLIK 401(K) SAVINGS 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