Retirement plan

DEVLIN, CITTADINO & SHAW, P.C. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

Name: DEVLIN, CITTADINO & SHAW, P.C. - DEVLIN, CITTADINO & SHAW, P.C. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: DEVLIN, CITTADINO & SHAW, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEVLIN, CITTADINO & SHAW, P.C. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST, DEVLIN, CITTADINO & SHAW, P.C.

DEVLIN, CITTADINO & SHAW, P.C.EIN 22-3178479Plan #001PY 2024

3131 PRINCETON PIKE, BLDG 5, STE114 - LAWRENCEVILLE, NJ 08648609-896-2222dcs-law.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.8M

-21.7% from 2023

Total participants

-10.0% from 2023

Average account balance

$751,145

-13.0% from 2023

Annual return

11.98%

-3.51 pp from 2023

Benchmarks

See 144,092 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort144,092 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.76M

Not enough data

1 years with asset history on file

Average account balance

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

$751K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$253K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$350810

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 codes2E2H2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$3.2M

$451041 / participant

Other / not subdivided$3M100.0%

% of EOY assets

46.703%

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

$751,145

$159,934+369.7%

$147,005+411.0%

$145,959+414.6%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

11.98%

98.24%-86.3pp

418.76%-406.8pp

561.95%-550.0pp

Employer contribution / active EE

$23,444

$5,287+343.4%

$4,934+375.1%

$4,661+403.0%

Participant deferral / active EE

$12,719

$8,427+50.9%

$8,070+57.6%

$6,689+90.2%

Admin fee / account holder

$350,810

$15,053+2230.4%

$13,006+2597.2%

$13,398+2518.4%

DEVLIN, CITTADINO & SHAW, P.C. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEVLIN, CITTADINO & SHAW, P.C. SAFE HARBOR 401(K) PROFIT SHARING PLAN & TRUST

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