Retirement plan

MARSHALL DENNEHEY, P.C. SAVINGS & INVESTMENT PLAN

Name: MARSHALL DENNEHEY, P.C. - MARSHALL DENNEHEY, P.C. SAVINGS & INVESTMENT PLAN (2024) Form 5500
Creator: MARSHALL DENNEHEY, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARSHALL DENNEHEY, P.C. SAVINGS & INVESTMENT PLAN, MARSHALL DENNEHEY, P.C.

MARSHALL DENNEHEY, P.C.EIN 23-1724150Plan #002PY 2024

2000 MARKET STREET, SUITE 2300 - PHILADELPHIA, PA 19103215-575-2600marshalldennehey.comLinkedIn1001-5000 employeeslaw practice

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$267.6M

-11.9% from 2016

Total participants

1,342

-1.3% from 2016

Average account balance

$249,158

-11.4% from 2016

Annual return

13.27%

-10.17 pp from 2016

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$267.60M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

1,074

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.

75.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$209

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
BASSMAN,LASEROW,ADELMAN & WEISS PC1 year Filed as: BASSMAN, ADELMAN AND WEISS PC Service code 28 · EIN 23-2088272	Investment Management	$91,179
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$65,557
CAPFINANCIAL PARTNERS LLC2 years Service code 28 · EIN 26-0058143	Investment Management	$65,150
CHARLES SCHWAB & CO., INC.3 years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Securitie...	$3
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.,INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$225K

$206 / participant

Recordkeeping$66K29.2%
Investment mgmt$65K29.0%
Contract admin$39K17.6%
Other / not subdivided$54K24.2%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: $54,259
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$249,158

$122,128+104.0%

$147,117+69.4%

$200,096+24.5%

Participation rate

75.4%

78.2%-2.7pp

82.2%-6.7pp

72.0%+3.4pp

Annual return

13.27%

30.58%-17.3pp

420.54%-407.3pp

34.26%-21.0pp

Employer contribution / active EE

$3,442

$4,093-15.9%

$4,932-30.2%

$3,038+13.3%

Participant deferral / active EE

$8,525

$8,484+0.5%

$8,065+5.7%

$5,090+67.5%

Admin fee / account holder

$209

$180+16.5%

$12,993-98.4%

$269-22.4%

Provider

Service type

Compensation

BASSMAN,LASEROW,ADELMAN & WEISS PC1 year

Filed as: BASSMAN, ADELMAN AND WEISS PC

Service code 28 · EIN 23-2088272

Investment Management

$91,179

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$65,557

CAPFINANCIAL PARTNERS LLC2 years

Service code 28 · EIN 26-0058143

Investment Management

$65,150

CHARLES SCHWAB & CO., INC.3 years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Securitie...

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO.,INC. AND AFFIL

Service code 59

Shareholder Servicing

MARSHALL DENNEHEY, P.C. SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARSHALL DENNEHEY, P.C. SAVINGS & INVESTMENT 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