Retirement plan

SINGH ACCOUNTING & CONSULTING, APC 401(K) PROFIT SHARING PLAN

Name: SINGH ACCOUNTING & CONSULTING, APC - SINGH ACCOUNTING & CONSULTING, APC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: SINGH ACCOUNTING & CONSULTING, APC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SINGH ACCOUNTING & CONSULTING, APC 401(K) PROFIT SHARING PLAN, SINGH ACCOUNTING & CONSULTING, APC

SINGH ACCOUNTING & CONSULTING, APCEIN 26-4130263Plan #001PY 2020

21031 VENTURA BLVD., SUITE 1170 - WOODLAND HILLS, CA 91364818-992-8150singhcpa.comLinkedIn1-10 employeesaccounting

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$58K

No prior year

Total participants

No prior year

Average account balance

$28,858

No prior year

Annual return

6.97%

No prior year

Benchmarks

See 120,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,756 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$348K

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+17.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$50

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$100

$50 / participant

Other / not subdivided$100100.0%

% 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

$28,858

$165,381-82.6%

$149,730-80.7%

$158,966-81.8%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

6.97%

348.29%-341.3pp

276.70%-269.7pp

302.95%-296.0pp

Employer contribution / active EE

$2,486

$5,104-51.3%

$4,645-46.5%

$4,762-47.8%

Participant deferral / active EE

$13,000

$7,182+81.0%

$6,843+90.0%

$5,983+117.3%

Admin fee / account holder

$50

$10,809-99.5%

$9,310-99.5%

$11,250-99.6%

SINGH ACCOUNTING & CONSULTING, APC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SINGH ACCOUNTING & CONSULTING, APC 401(K) 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