Retirement plan

RUBIN, FORTUNATO & HARBISON, P.C. ATTORNEY 401(K) PLAN

Name: RUBIN, FORTUNATO & HARBISON, P.C. - RUBIN, FORTUNATO & HARBISON, P.C. ATTORNEY 401(K) PLAN (2016) Form 5500
Creator: RUBIN, FORTUNATO & HARBISON, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUBIN, FORTUNATO & HARBISON, P.C. ATTORNEY 401(K) PLAN, RUBIN, FORTUNATO & HARBISON, P.C.

RUBIN, FORTUNATO & HARBISON, P.C.EIN 23-2806799Plan #004PY 2016

10 SOUTH LEOPARD ROAD - PAOLI, PA 193011557610-408-2000rubinfortunato.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#003Retirement-$4.7M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$3.1M

+12.6% from 2015

Total participants

+9.1% from 2015

Average account balance

$135,891

+7.7% from 2015

Annual return

8.18%

+9.96 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.70M

Not enough data

1 years with asset history on file

Average account balance

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

$427K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$158K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7968

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 codes2F2G2J2T3D

Plan features

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$47K

$2330 / participant

Other / not subdivided$47K100.0%

% of EOY assets

1.491%

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

$135,891

$135,9560%

$123,894+9.7%

$273,972-50.4%

Participation rate

95.0%

84.1%+10.9pp

81.4%+13.6pp

83.0%+12.0pp

Annual return

8.18%

56.63%-48.4pp

47.52%-39.3pp

41.46%-33.3pp

Employer contribution / active EE

$5,170-100.0%

$4,617-100.0%

$4,869-100.0%

Participant deferral / active EE

$8,464

$6,343+33.4%

$5,984+41.4%

$5,287+60.1%

Admin fee / account holder

$2,026

$9,817-79.4%

$8,357-75.8%

$10,133-80.0%

RUBIN, FORTUNATO & HARBISON, P.C. ATTORNEY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUBIN, FORTUNATO & HARBISON, P.C. ATTORNEY 401(K) 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