Retirement plan

K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC 401K PROFIT SHARING PLAN

Name: K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC - K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC 401K PROFIT SHARING PLAN (2019) Form 5500
Creator: K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC 401K PROFIT SHARING PLAN, K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC

K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLCEIN 26-2905893Plan #001PY 2019

935 NORTHERN BLVD., ROOM 201 - GREAT NECK, NY 11021516-472-2110

Other plans on this EIN

1 filing

#002Retirement-$3.3M assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$847K

+38.3% from 2018

Total participants

+28.6% from 2018

Average account balance

$120,989

+38.3% from 2018

Annual return

25.05%

+33.87 pp from 2018

Benchmarks

See 104,312 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.16M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+18.15%

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 codes2E2F2G2J3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$1K

$183 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.173%

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

$120,989

$202,345-40.2%

$172,755-30.0%

$152,885-20.9%

Participation rate

75.0%

87.1%-12.1pp

82.6%-7.6pp

82.5%-7.5pp

Annual return

25.05%

1029.77%-1004.7pp

802.94%-777.9pp

345.39%-320.3pp

Employer contribution / active EE

$4,005

$5,858-31.6%

$5,144-22.1%

$4,763-15.9%

Participant deferral / active EE

$6,161

$5,948+3.6%

$5,198+18.5%

$5,851+5.3%

Admin fee / account holder

$209

$17,111-98.8%

$13,955-98.5%

$11,598-98.2%

K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

K. JACOB COHEN-KASHI & LAWRENCE LIN, PLLC 401K 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