Retirement plan

POST & SCHELL, P.C. PROFIT SHARING PLAN

Name: POST & SCHELL, P.C. - POST & SCHELL, P.C. PROFIT SHARING PLAN (2024) Form 5500
Creator: POST & SCHELL, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POST & SCHELL, P.C. PROFIT SHARING PLAN, POST & SCHELL, P.C.

POST & SCHELL, P.C.EIN 23-1877133Plan #002PY 2024

1600 JFK BLVD. - 13TH FLOOR - PHILADELPHIA, PA 191037421215-587-1000postschell.comLinkedIn201-500 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$160.9M

+6.7% from 2023

Total participants

419

-1.6% from 2023

Average account balance

$431,310

+14.5% from 2023

Annual return

12.41%

-4.15 pp from 2023

Benchmarks

See 3,315 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,315 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$175.70M

Not enough data

1 years with asset history on file

Average account balance

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

$479K

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.

367

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.

80.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+14.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$678

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA ADVISORS LLC Service code 16 · EIN 84-0858799	Consulting	$62,603
ADVUS FINANCIAL PARTNERS LLC1 year Filed as: ADVUS FINANCIAL PARTNERS, LLC Service code 27 · EIN 85-4001199	Advisory (Plan)	$32,500
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$4,082

Plan features & details

Pension benefit codes2E2F2G2J2T3D2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$242K

$878 / participant

Recordkeeping$145K59.9%
Investment mgmt$33K13.4%
Other / not subdivided$65K26.7%

% of EOY assets

0.151%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: KREISCHER MILLER
Auditor EIN: 231980475
Audit fees: $0
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$431,310

$106,028+306.8%

$146,958+193.5%

$77,643+455.5%

Participation rate

83.3%

78.4%+5.0pp

82.2%+1.2pp

70.6%+12.8pp

Annual return

12.41%

56.73%-44.3pp

418.34%-405.9pp

31.24%-18.8pp

Employer contribution / active EE

$6,662

$4,063+64.0%

$4,933+35.1%

$2,726+144.4%

Participant deferral / active EE

$10,453

$7,990+30.8%

$8,070+29.5%

$4,647+124.9%

Admin fee / account holder

$650

$337+92.6%

$12,998-95.0%

$430+51.0%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA ADVISORS LLC

Service code 16 · EIN 84-0858799

Consulting

$62,603

ADVUS FINANCIAL PARTNERS LLC1 year

Filed as: ADVUS FINANCIAL PARTNERS, LLC

Service code 27 · EIN 85-4001199

Advisory (Plan)

$32,500

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$4,082

POST & SCHELL, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POST & SCHELL, P.C. PROFIT SHARING 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