Retirement plan

KLUGER, KAPLAN, SILVERMAN, KATZEN & LEVINE, P.L. 401(K) PLA

Name: KLUGER, KAPLAN, SILVERMAN, KATZE - KLUGER, KAPLAN, SILVERMAN, KATZEN & LEVINE, P.L. 401(K) PLA (2020) Form 5500
Creator: KLUGER, KAPLAN, SILVERMAN, KATZE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KLUGER, KAPLAN, SILVERMAN, KATZEN & LEVINE, P.L. 401(K) PLA, KLUGER, KAPLAN, SILVERMAN, KATZE

KLUGER, KAPLAN, SILVERMAN, KATZEEIN 26-4527913Plan #002PY 2020

201 S BISCAYNE BLVD 27TH FLOOR - MIAMI, FL 33131305-379-9000klugerkaplan.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$12.5M assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$467K

+35.1% from 2019

Total participants

+7.7% from 2019

Average account balance

$38,893

+35.1% from 2019

Annual return

15.20%

+23.16 pp from 2019

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

$1.01M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

138.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$184K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+30.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2930

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

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

$597

$66 / participant

Other / not subdivided$597100.0%

% of EOY assets

0.128%

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

$38,893

$165,381-76.5%

$149,730-74.0%

$158,966-75.5%

Participation rate

77.8%

84.6%-6.8pp

82.5%-4.7pp

82.0%-4.2pp

Annual return

15.20%

348.29%-333.1pp

276.70%-261.5pp

302.95%-287.7pp

Employer contribution / active EE

$5,104-100.0%

$4,645-100.0%

$4,762-100.0%

Participant deferral / active EE

$7,711

$7,182+7.4%

$6,843+12.7%

$5,983+28.9%

Admin fee / account holder

$50

$10,809-99.5%

$9,310-99.5%

$11,250-99.6%

KLUGER, KAPLAN, SILVERMAN, KATZEN & LEVINE, P.L. 401(K) PLA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KLUGER, KAPLAN, SILVERMAN, KATZEN & LEVINE, P.L. 401(K) PLA

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