Retirement plan

COHEN & GRIGSBY PENSION PLAN

Name: COHEN & GRIGSBY, P.C. - COHEN & GRIGSBY PENSION PLAN (2019) Form 5500
Creator: COHEN & GRIGSBY, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COHEN & GRIGSBY PENSION PLAN, COHEN & GRIGSBY, P.C.

COHEN & GRIGSBY, P.C.EIN 25-1491692Plan #001PY 2019

625 LIBERTY AVENUE - PITTSBURGH, PA 152223152412-297-4900LinkedIn10001+ employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$27.5M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$134.9M

+18.2% from 2018

Total participants

241

-2.0% from 2018

Average account balance

$559,577

+20.6% from 2018

Annual return

22.92%

+29.02 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$150.71M

Not enough data

1 years with asset history on file

Average account balance

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

$704K

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.

214

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2181

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 6 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS4 years Filed as: FORT PITT CAPITAL GROUP LLC Service code 26 · EIN 47-5006020	Advisory (Participants)	$340,714
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$51,171
GUYASUTA INVESTMENT ADVISORS I2 years Service code 26 · EIN 25-1737681	Advisory (Participants)	$13,257
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$7,241
DINUZZO PRIVATE WEALTH INC2 years Filed as: DINUZZO INDEX ADVISORS INC Service code 26 · EIN 23-2934855	Advisory (Participants)	$6,366
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2C2F2G2R2T3D

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).
2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

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

$412K

$2121 / participant

Investment mgmt$360K87.6%
Other / not subdivided$51K12.4%

% of EOY assets

0.305%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$559,577

$89,652+524.2%

$141,191+296.3%

$65,185+758.4%

Participation rate

100.0%

74.7%+25.3pp

82.5%+17.5pp

70.2%+29.8pp

Annual return

22.92%

32.79%-9.9pp

71.41%-48.5pp

29.38%-6.5pp

Employer contribution / active EE

$26,481

$3,065+764.1%

$4,736+459.1%

$2,177+1116.5%

Participant deferral / active EE

$5,691-100.0%

$6,710-100.0%

$3,514-100.0%

Admin fee / account holder

$1,708

$569+200.4%

$10,264-83.4%

$847+101.6%

Provider

Service type

Compensation

AMERICAN FUNDS4 years

Filed as: FORT PITT CAPITAL GROUP LLC

Service code 26 · EIN 47-5006020

Advisory (Participants)

$340,714

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$51,171

GUYASUTA INVESTMENT ADVISORS I2 years

Service code 26 · EIN 25-1737681

Advisory (Participants)

$13,257

CHARLES SCHWAB & CO., INC.5+ years

Filed as: CHARLES SCHWAB & CO INC

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$7,241

DINUZZO PRIVATE WEALTH INC2 years

Filed as: DINUZZO INDEX ADVISORS INC

Service code 26 · EIN 23-2934855

Advisory (Participants)

$6,366

CHARLES SCHWAB & CO., INC.5+ years

Filed as: CHARLES SCHWAB & CO INC AND AFFIL

Service code 59

Shareholder Servicing

COHEN & GRIGSBY PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COHEN & GRIGSBY PENSION 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