Retirement plan

USCHER, QUIAT, USCHER & RUSSO 401(K) PROFIT SHARING PLAN

Name: USCHER, QUIAT, USCHER & RUSSO - USCHER, QUIAT, USCHER & RUSSO 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: USCHER, QUIAT, USCHER & RUSSO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USCHER, QUIAT, USCHER & RUSSO 401(K) PROFIT SHARING PLAN, USCHER, QUIAT, USCHER & RUSSO

USCHER, QUIAT, USCHER & RUSSOEIN 22-3734851Plan #001PY 2019

433 HACKENSACK AVENUE, 2ND FLOOR - HACKENSACK, NJ 07601201-342-7100mooredesign.bizLinkedIn1-10 employeeslaw practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.1M

+22.7% from 2018

Total participants

-11.1% from 2018

Average account balance

$138,655

+38.1% from 2018

Annual return

15.97%

+22.30 pp from 2018

Benchmarks

See 119,339 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,339 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.71M

Not enough data

1 years with asset history on file

Average account balance

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

$245K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$67K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2597

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$138,655

$157,296-11.9%

$141,191-1.8%

$152,897-9.3%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

15.97%

64.34%-48.4pp

71.41%-55.4pp

345.43%-329.5pp

Employer contribution / active EE

$5,000

$5,262-5.0%

$4,736+5.6%

$4,764+5.0%

Participant deferral / active EE

$3,733

$7,111-47.5%

$6,710-44.4%

$5,851-36.2%

Admin fee / account holder

$12,125-100.0%

$10,264-100.0%

$11,599-100.0%

USCHER, QUIAT, USCHER & RUSSO 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

USCHER, QUIAT, USCHER & RUSSO 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion