Retirement plan

ROSENBAUM & ROSENBAUM P C 401(K) PROFIT SHARING PLAN & TRUST

Name: ROSENBAUM & ROSENBAUM P C - ROSENBAUM & ROSENBAUM P C 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: ROSENBAUM & ROSENBAUM P C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROSENBAUM & ROSENBAUM P C 401(K) PROFIT SHARING PLAN & TRUST, ROSENBAUM & ROSENBAUM P C

ROSENBAUM & ROSENBAUM P CEIN 26-1686581Plan #001PY 2023

100 WALL ST STE 1501 - NEW YORK, NY 100053709212-514-5007

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$300K

+76.5% from 2022

Total participants

+25.0% from 2022

Average account balance

$27,243

+60.5% from 2022

Annual return

25.67%

+38.30 pp from 2022

Benchmarks

See 9,816 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,816 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$690K

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

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.

38.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$97 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.070%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,243

$57,312-52.5%

$86,617-68.5%

$75,181-63.8%

Participation rate

27.3%

63.2%-35.9pp

71.7%-44.4pp

67.2%-39.9pp

Annual return

25.67%

2672.78%-2647.1pp

591.91%-566.2pp

160.69%-135.0pp

Employer contribution / active EE

$2,315-100.0%

$3,023-100.0%

$2,671-100.0%

Participant deferral / active EE

$2,712

$3,319-18.3%

$4,437-38.9%

$4,126-34.3%

Admin fee / account holder

$292

$4,114-92.9%

$5,613-94.8%

$5,650-94.8%

ROSENBAUM & ROSENBAUM P C 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROSENBAUM & ROSENBAUM P C 401(K) PROFIT SHARING PLAN & TRUST

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