Retirement plan

RUGGIERI AND PARTNERS, P.C. EMPLOYEE PROFIT-SHARING 401(K) PLAN

Name: RUGGIERI AND PARTNERS, P.C. - RUGGIERI AND PARTNERS, P.C. EMPLOYEE PROFIT-SHARING 401(K) PLAN (2020) Form 5500
Creator: RUGGIERI AND PARTNERS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUGGIERI AND PARTNERS, P.C. EMPLOYEE PROFIT-SHARING 401(K) PLAN, RUGGIERI AND PARTNERS, P.C.

RUGGIERI AND PARTNERS, P.C.EIN 22-2973580Plan #001PY 2020

1225 NORTH BROAD STREET, SUITE 4 - WOODBURY, NJ 08096856-384-1225ruggieriandpartners.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$819K

+13.6% from 2019

Total participants

0.0% from 2019

Average account balance

$163,874

+13.6% from 2019

Annual return

9.59%

-19.41 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

$1.15M

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

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

+9.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1683

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$11K

$3716 / participant

Other / not subdivided$11K100.0%

% of EOY assets

1.360%

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

$163,874

$165,361-0.9%

$149,715+9.5%

$158,950+3.1%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

9.59%

348.24%-338.7pp

276.66%-267.1pp

302.91%-293.3pp

Employer contribution / active EE

$3,053

$5,103-40.2%

$4,645-34.3%

$4,762-35.9%

Participant deferral / active EE

$6,500

$7,182-9.5%

$6,842-5.0%

$5,983+8.6%

Admin fee / account holder

$2,229

$10,808-79.4%

$9,310-76.1%

$11,248-80.2%

RUGGIERI AND PARTNERS, P.C. EMPLOYEE PROFIT-SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUGGIERI AND PARTNERS, P.C. EMPLOYEE PROFIT-SHARING 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