Retirement plan

AVI REICHMAN AN ACCOUNTANCY CORPORATION 401K PLAN

Name: AVI REICHMAN AN ACCOUNTANCY CORPORATION - AVI REICHMAN AN ACCOUNTANCY CORPORATION 401K PLAN (2020) Form 5500
Creator: AVI REICHMAN AN ACCOUNTANCY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVI REICHMAN AN ACCOUNTANCY CORPORATION 401K PLAN, AVI REICHMAN AN ACCOUNTANCY CORPORATION

AVI REICHMAN AN ACCOUNTANCY CORPORATIONEIN 27-4518975Plan #001PY 2020

326 N VISTA ST - LOS ANGELES, CA 900365739323-931-1753calcpaexpert.comLinkedIn11-50 employeesaccounting

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$640K

+25.3% from 2019

Total participants

0.0% from 2019

Average account balance

$319,987

+25.3% from 2019

Annual return

17.24%

-10.27 pp from 2019

Benchmarks

See 120,796 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,796 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.85M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+22.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1167

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 codes2E3D2J

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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$319,987

$165,351+93.5%

$149,710+113.7%

$158,931+101.3%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

17.24%

348.19%-330.9pp

276.63%-259.4pp

302.86%-285.6pp

Employer contribution / active EE

$2,113

$5,103-58.6%

$4,645-54.5%

$4,761-55.6%

Participant deferral / active EE

$18,450

$7,181+156.9%

$6,842+169.7%

$5,982+208.4%

Admin fee / account holder

$10,807-100.0%

$9,309-100.0%

$11,247-100.0%

AVI REICHMAN AN ACCOUNTANCY CORPORATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AVI REICHMAN AN ACCOUNTANCY CORPORATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion