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 (2018) 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 2018

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

Prospect flagsHigh feesLow participationHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$30.6M

-16.1% from 2017

Total participants

121

-8.3% from 2017

Average account balance

$7,662,212

+2669.1% from 2017

Annual return

-3.14%

-23.36 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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 5 by compensation

Provider	Service type	Compensation
AUREUS ASSET MANAGEMENT4+ years Service code 28 · EIN 20-0238667 ONE WINTHROP SQUARE · BOSTON, MA 02110	Investment Management	$47,507
HEFREN-TILLOTSON, INC.3 years Filed as: HEFREN-TILLOTSON Service code 27 · EIN 25-1121408 308 7TH AVENUE · PITTSBURGH, PA 152223920	Advisory (Plan)	$43,298
URISH POPECK & CO., LLC1 year Service code 10 · EIN 25-1306171 THREE GATEWAY CENTER · PITTSBURGH, PA 15222	Accounting	$11,734
AMERICAN FUNDS4+ years Filed as: CAPITAL RESEARCH & MANAGEMENT COMP Service code 64 · EIN 20-3691658 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,613
HEFREN-TILLOTSON, INC.3 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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$105K

$1165 / participant

Investment mgmt$48K45.3%
Other / not subdivided$57K54.7%

% of EOY assets

0.342%

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

$7,662,212

$77,817+9746.5%

$123,553+6101.6%

$64,173+11839.9%

Participation rate

0.0%

74.7%-74.7pp

82.3%-82.3pp

69.6%-69.6pp

Annual return

-3.14%

12.49%-15.6pp

119.21%-122.3pp

7.63%-10.8pp

Employer contribution / active EE

$6,079

$3,014+101.7%

$4,628+31.3%

$2,381+155.3%

Participant deferral / active EE

$8,824

$5,240+68.4%

$6,426+37.3%

$3,470+154.3%

Admin fee / account holder

$26,223

$5,519+375.1%

$9,284+182.4%

$4,887+436.5%

Provider

Service type

Compensation

AUREUS ASSET MANAGEMENT4+ years

Service code 28 · EIN 20-0238667

ONE WINTHROP SQUARE · BOSTON, MA 02110

Investment Management

$47,507

HEFREN-TILLOTSON, INC.3 years

Filed as: HEFREN-TILLOTSON

Service code 27 · EIN 25-1121408

308 7TH AVENUE · PITTSBURGH, PA 152223920

Advisory (Plan)

$43,298

URISH POPECK & CO., LLC1 year

Service code 10 · EIN 25-1306171

THREE GATEWAY CENTER · PITTSBURGH, PA 15222

Accounting

$11,734

AMERICAN FUNDS4+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT COMP

Service code 64 · EIN 20-3691658

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,613

HEFREN-TILLOTSON, INC.3 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