Retirement plan

TAX & FINANCIAL GROUP INSURANCE AGENCY LLC 401(K) PSP

Name: TAX & FINANCIAL GROUP INSURANCE AGENCY LLC - TAX & FINANCIAL GROUP INSURANCE AGENCY LLC 401(K) PSP (2019) Form 5500
Creator: TAX & FINANCIAL GROUP INSURANCE AGENCY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAX & FINANCIAL GROUP INSURANCE AGENCY LLC 401(K) PSP, TAX & FINANCIAL GROUP INSURANCE AGENCY LLC

TAX & FINANCIAL GROUP INSURANCE AGENCY LLCEIN 33-0984052Plan #002PY 2019

4001 MACARTHUR BLVD., 3RD FLOOR - NEWPORT BEACH, CA 92660949-223-8100

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.8M

+39.4% from 2018

Total participants

-13.7% from 2018

Average account balance

$152,314

+128.7% from 2018

Annual return

32.34%

+37.61 pp from 2018

Benchmarks

See 7,338 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,338 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.74M

Not enough data

1 years with asset history on file

Average account balance

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

$198K

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$394K

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

+18.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9098

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$5K

$132 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.129%

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

$152,314

$109,359+39.3%

$162,185-6.1%

$72,976+108.7%

Participation rate

48.6%

84.3%-35.6pp

87.6%-38.9pp

69.5%-20.8pp

Annual return

32.34%

25.46%+6.9pp

115.61%-83.3pp

81.02%-48.7pp

Employer contribution / active EE

$3,907-100.0%

$5,613-100.0%

$2,440-100.0%

Participant deferral / active EE

$5,359

$5,481-2.2%

$7,297-26.6%

$3,608+48.5%

Admin fee / account holder

$196

$7,972-97.5%

$10,844-98.2%

$5,124-96.2%

TAX & FINANCIAL GROUP INSURANCE AGENCY LLC 401(K) PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAX & FINANCIAL GROUP INSURANCE AGENCY LLC 401(K) PSP

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