Retirement plan

RONAN, TUZZIO & GIANNONE 401K RETIREMENT PLAN

Name: RONAN, TUZZIO & GIANNONE, P.C. - RONAN, TUZZIO & GIANNONE 401K RETIREMENT PLAN (2019) Form 5500
Creator: RONAN, TUZZIO & GIANNONE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RONAN, TUZZIO & GIANNONE 401K RETIREMENT PLAN, RONAN, TUZZIO & GIANNONE, P.C.

RONAN, TUZZIO & GIANNONE, P.C.EIN 22-3351825Plan #001PY 2019

ONE HOVCHILD PLAZA, 4000 ROUTE 66, SUITE 231 - TINTON FALLS, NJ 077537300732-922-3300ronanlaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$4.9M

+25.1% from 2018

Total participants

+10.0% from 2018

Average account balance

$154,401

+29.0% from 2018

Annual return

18.32%

+23.38 pp from 2018

Benchmarks

See 25,913 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,913 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.03M

Not enough data

1 years with asset history on file

Average account balance

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

$234K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$244K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4176

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$232 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.178%

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

$154,401

$89,364+72.8%

$141,177+9.4%

$72,983+111.6%

Participation rate

68.4%

75.1%-6.7pp

82.5%-14.1pp

69.5%-1.1pp

Annual return

18.32%

111.86%-93.5pp

71.40%-53.1pp

81.01%-62.7pp

Employer contribution / active EE

$1,336

$3,115-57.1%

$4,736-71.8%

$2,440-45.2%

Participant deferral / active EE

$5,899

$5,419+8.9%

$6,710-12.1%

$3,608+63.5%

Admin fee / account holder

$275

$5,959-95.4%

$10,263-97.3%

$5,124-94.6%

RONAN, TUZZIO & GIANNONE 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RONAN, TUZZIO & GIANNONE 401K RETIREMENT 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