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 (2023) 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 2023

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)

$8.6M

+15.8% from 2022

Total participants

+11.1% from 2022

Average account balance

$863,029

+4.2% from 2022

Annual return

15.49%

+33.55 pp from 2022

Benchmarks

See 139,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,766 peers

Snapshot2023

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

$218K

$27241 / participant

Other / not subdivided$218K100.0%

% of EOY assets

2.525%

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

$863,029

$148,623+480.7%

$135,974+534.7%

$139,466+518.8%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

15.49%

79.30%-63.8pp

68.30%-52.8pp

373.66%-358.2pp

Employer contribution / active EE

$19,286

$5,246+267.6%

$4,859+296.9%

$4,754+305.7%

Participant deferral / active EE

$10,881

$8,103+34.3%

$7,760+40.2%

$6,712+62.1%

Admin fee / account holder

$21,793

$12,406+75.7%

$10,767+102.4%

$11,409+91.0%

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