Retirement plan

CIPRIANI & WERNER, P. C. 401(K) PLAN

Name: CIPRIANI & WERNER, P.C. - CIPRIANI & WERNER, P. C. 401(K) PLAN (2017) Form 5500
Creator: CIPRIANI & WERNER, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CIPRIANI & WERNER, P. C. 401(K) PLAN, CIPRIANI & WERNER, P.C.

CIPRIANI & WERNER, P.C.EIN 25-1779527Plan #001PY 2017

650 WASHINGTON ROAD, SUITE 700 - PITTSBURGH, PA 15228412-563-2500c-wlaw.comLinkedIn201-500 employeeslaw practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.9M

+32.2% from 2016

Total participants

265

+25.0% from 2016

Average account balance

$83,045

-6.1% from 2016

Annual return

23.69%

+14.98 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.87M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

314

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.

69.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$608

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
PRINCOR FINANCIAL SERVICES CORPORAT1 year Filed as: PRINCOR FINANCIAL GROUP Service code 27 711 HIGH ST · DES MOINES, IA 50392	Advisory (Plan)	$22,390
STANCORP FINANCIAL GROUP1 year Filed as: STANCORP FINANCIAL Service code 12 · EIN 93-1253576	Claims processing; Sub-transfer agenc...	$10,019
FIRST NATIONAL TRUST COMPANY1 year Service code 27 · EIN 20-0433578	Advisory (Plan)	$8,974
STANCORP FINANCIAL GROUP1 year Service code 19	Securities Custodian	$1,051
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$380
PRINCOR FINANCIAL SERVICES CORPORAT3+ years Filed as: PRINCOR FINANCIAL SERVICES CORP Service code 61	Finders' fees / placement fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$42K

$181 / participant

Contract admin$42K100.0%

% of EOY assets

0.219%

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: LALLY & CO. LLC
Auditor EIN: 251846963
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,045

$80,753+2.8%

$136,298-39.1%

$62,293+33.3%

Participation rate

83.8%

73.5%+10.3pp

81.9%+1.9pp

69.5%+14.3pp

Annual return

23.69%

35.83%-12.1pp

5156.27%-5132.6pp

28.90%-5.2pp

Employer contribution / active EE

$3,099

$2,884+7.5%

$4,696-34.0%

$2,042+51.8%

Participant deferral / active EE

$6,365

$5,164+23.3%

$6,247+1.9%

$3,169+100.8%

Admin fee / account holder

$182

$525-65.3%

$9,244-98.0%

$479-62.0%

Provider

Service type

Compensation

PRINCOR FINANCIAL SERVICES CORPORAT1 year

Filed as: PRINCOR FINANCIAL GROUP

Service code 27

711 HIGH ST · DES MOINES, IA 50392

Advisory (Plan)

$22,390

STANCORP FINANCIAL GROUP1 year

Filed as: STANCORP FINANCIAL

Service code 12 · EIN 93-1253576

Claims processing; Sub-transfer agenc...

$10,019

FIRST NATIONAL TRUST COMPANY1 year

Service code 27 · EIN 20-0433578

Advisory (Plan)

$8,974

STANCORP FINANCIAL GROUP1 year

Service code 19

Securities Custodian

$1,051

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$380

PRINCOR FINANCIAL SERVICES CORPORAT3+ years

Filed as: PRINCOR FINANCIAL SERVICES CORP

Service code 61

Finders' fees / placement fees

CIPRIANI & WERNER, P. C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CIPRIANI & WERNER, 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