Retirement plan

PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI, LLP SALARY REDUCTION PROFIT SHARING PLAN

Name: PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI - PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI, LLP SALARY REDUCTION PROFIT SHARING PLAN (2017) Form 5500
Creator: PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI, LLP SALARY REDUCTION PROFIT SHARING PLAN, PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI

PIETRAGALLO GORDON ALFANO BOSICK & RASPANTIEIN 25-1543933Plan #001PY 2017

ONE OXFORD CENTRE, 38TH FLOOR - PITTSBURGH, PA 15219412-263-2000pietragallo.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$36.5M

+18.0% from 2016

Total participants

132

-13.2% from 2016

Average account balance

$276,705

+35.9% from 2016

Annual return

20.23%

+12.00 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.17M

Not enough data

1 years with asset history on file

Average account balance

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

$349K

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.

141

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.05M

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

+17.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1216

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
AUREUS ASSET MANAGEMENT3+ years Service code 28 · EIN 20-0238667 ONE WINTHROP SQUARE · BOSTON, MA 02110	Investment Management	$50,731
HEFREN-TILLOTSON, INC.2 years Filed as: HEFREN-TILLOTSON Service code 27 · EIN 25-1121408 308 7TH AVENUE · PITTSBURGH, PA 152223920	Advisory (Plan)	$40,630
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH & MANAGEMENT COMP Service code 64 · EIN 20-3691658 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,796
HEFREN-TILLOTSON, INC.2 years Filed as: HEFREN-TILLOTSON, INC Service code 55	Other Commissions	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2T3B3D

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.
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

$109K

$1176 / participant

Investment mgmt$51K46.4%
Other / not subdivided$59K53.6%

% of EOY assets

0.299%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: URISH POPECK & CO, LLC
Auditor EIN: 251306171
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$276,705

$85,766+222.6%

$136,298+103.0%

$70,126+294.6%

Participation rate

100.0%

74.2%+25.8pp

81.9%+18.1pp

69.5%+30.5pp

Annual return

20.23%

31.46%-11.2pp

5156.27%-5136.0pp

73.15%-52.9pp

Employer contribution / active EE

$5,072

$2,966+71.0%

$4,696+8.0%

$2,343+116.5%

Participant deferral / active EE

$7,466

$5,051+47.8%

$6,247+19.5%

$3,332+124.1%

Admin fee / account holder

$828

$5,421-84.7%

$9,244-91.0%

$4,645-82.2%

Provider

Service type

Compensation

AUREUS ASSET MANAGEMENT3+ years

Service code 28 · EIN 20-0238667

ONE WINTHROP SQUARE · BOSTON, MA 02110

Investment Management

$50,731

HEFREN-TILLOTSON, INC.2 years

Filed as: HEFREN-TILLOTSON

Service code 27 · EIN 25-1121408

308 7TH AVENUE · PITTSBURGH, PA 152223920

Advisory (Plan)

$40,630

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT COMP

Service code 64 · EIN 20-3691658

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,796

HEFREN-TILLOTSON, INC.2 years

Filed as: HEFREN-TILLOTSON, INC

Service code 55

Other Commissions

PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI, LLP SALARY REDUCTION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIETRAGALLO GORDON ALFANO BOSICK & RASPANTI, LLP SALARY REDUCTION 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