Retirement plan

THE SAM BERNSTEIN LAW FIRM PLL 401(K) PROFIT SHARING PLAN & TRUST

Name: THE SAM BERNSTEIN LAW FIRM, PL - THE SAM BERNSTEIN LAW FIRM PLL 401(K) PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: THE SAM BERNSTEIN LAW FIRM, PL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SAM BERNSTEIN LAW FIRM PLL 401(K) PROFIT SHARING PLAN & TRUST, THE SAM BERNSTEIN LAW FIRM, PL

THE SAM BERNSTEIN LAW FIRM, PLEIN 27-1466737Plan #001PY 2017

31731 NORTHWESTERN HWY STE 333 - FARMINGTON HILLS, MI 483341669248-737-8400callsam.comLinkedIn51-200 employeeslegal services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6.7M

+25.0% from 2016

Total participants

114

+5.6% from 2016

Average account balance

$60,545

+17.1% from 2016

Annual return

14.11%

+4.29 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

$19.46M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

159

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+18.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$360

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 52	Indirect Investment Fees	$30,684

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

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

Expense breakdown

Schedule H Part II

Admin total

$1K

$12 / participant

Contract admin$45038.4%
Other / not subdivided$72161.6%

% of EOY assets

0.017%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PORVIN,BURNSTEIN, & GARELIK, PLLC
Auditor EIN: 383412927
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,545

$80,753-25.0%

$136,297-55.6%

$62,293-2.8%

Participation rate

97.0%

73.5%+23.5pp

81.9%+15.1pp

69.5%+27.5pp

Annual return

14.11%

35.83%-21.7pp

5156.19%-5142.1pp

28.90%-14.8pp

Employer contribution / active EE

$2,469

$2,884-14.4%

$4,696-47.4%

$2,042+20.9%

Participant deferral / active EE

$3,631

$5,164-29.7%

$6,247-41.9%

$3,169+14.6%

Admin fee / account holder

$11

$525-98.0%

$9,244-99.9%

$479-97.8%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER

Service code 52

Indirect Investment Fees

$30,684

THE SAM BERNSTEIN LAW FIRM PLL 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE SAM BERNSTEIN LAW FIRM PLL 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