Retirement plan

KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST

Name: KATHERMAN, BRIGGS & GREENBERG, LLP - KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: KATHERMAN, BRIGGS & GREENBERG, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST, KATHERMAN, BRIGGS & GREENBERG, LLP

KATHERMAN, BRIGGS & GREENBERG, LLPEIN 23-3061673Plan #001PY 2024

110 NORTH GEORGE STREET, 3RD FLOOR - YORK, PA 174011162717-848-3838

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$16.9M

+11.9% from 2023

Total participants

+6.1% from 2023

Average account balance

$481,508

+5.5% from 2023

Annual return

14.70%

-4.85 pp from 2023

Benchmarks

See 28,910 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,910 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.85M

Not enough data

1 years with asset history on file

Average account balance

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

$482K

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.

109.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$739K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33058

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 codes2E2F2G3B3D2T

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$36157 / participant

Other / not subdivided$1M100.0%

% of EOY assets

6.866%

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

$481,508

$102,382+370.3%

$147,005+227.5%

$80,874+495.4%

Participation rate

100.0%

75.8%+24.2pp

82.2%+17.8pp

67.6%+32.4pp

Annual return

14.70%

134.89%-120.2pp

418.76%-404.1pp

35.62%-20.9pp

Employer contribution / active EE

$11,246

$3,715+202.7%

$4,934+127.9%

$2,756+308.1%

Participant deferral / active EE

$11,847

$6,646+78.3%

$8,070+46.8%

$4,297+175.7%

Admin fee / account holder

$33,058

$7,942+316.2%

$13,006+154.2%

$6,935+376.7%

KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST

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