Retirement plan

COHEN & GRIGSBY, P.C. 401(K) PLAN

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

COHEN & GRIGSBY, P.C.EIN 25-1491692Plan #002PY 2016

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

Other plans on this EIN

1 filing

#001Retirement-$109.3M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$19.5M

+10.2% from 2015

Total participants

251

-3.1% from 2015

Average account balance

$92,485

+12.8% from 2015

Annual return

7.18%

+1.37 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.88M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

219

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.

90.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+15.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$425

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 4 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1 year Filed as: FORT PITT CAPITAL GROUP LLC Service code 26 · EIN 47-5006020	Advisory (Participants)	$25,054
AMERICAN FUNDS2+ years Filed as: FORT PITT CAPITAL GROUP Service code 50 · EIN 25-1768797	Direct Payment	$7,124
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782	Direct payment from the plan; Securit...	$1,020
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2F2R2T3D

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$34K

$145 / participant

Investment mgmt$33K98.2%
Other / not subdivided$6201.8%

% of EOY assets

0.173%

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

$92,485

$75,183+23.0%

$123,894-25.4%

$55,167+67.6%

Participation rate

82.8%

72.8%+10.0pp

81.4%+1.4pp

69.0%+13.8pp

Annual return

7.18%

19.01%-11.8pp

47.52%-40.3pp

169.23%-162.1pp

Employer contribution / active EE

$2,823-100.0%

$4,617-100.0%

$1,963-100.0%

Participant deferral / active EE

$6,299

$5,084+23.9%

$5,984+5.3%

$3,054+106.2%

Admin fee / account holder

$160

$663-75.8%

$8,357-98.1%

$504-68.2%

Provider

Service type

Compensation

AMERICAN FUNDS1 year

Filed as: FORT PITT CAPITAL GROUP LLC

Service code 26 · EIN 47-5006020

Advisory (Participants)

$25,054

AMERICAN FUNDS2+ years

Filed as: FORT PITT CAPITAL GROUP

Service code 50 · EIN 25-1768797

Direct Payment

$7,124

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO INC

Service code 33 · EIN 94-1737782

Direct payment from the plan; Securit...

$1,020

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO INC AND AFFIL

Service code 59

Shareholder Servicing

COHEN & GRIGSBY, P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COHEN & GRIGSBY, P.C. 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