Retirement plan

KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., LPA. PROFIT SHARING AND 401(K) PLAN

Name: KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., L.P.A. - KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., LPA. PROFIT SHARING AND 401(K) PLAN (2024) Form 5500
Creator: KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., L.P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., LPA. PROFIT SHARING AND 401(K) PLAN, KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., L.P.A.

KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., L.P.A.EIN 34-1295659Plan #001PY 2024

PO BOX 36963 - CANTON, OH 447356963330-497-0700LinkedIn51-200 employeeslegal services

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$34.8M

-2.6% from 2023

Total participants

152

-12.6% from 2023

Average account balance

$228,781

+11.5% from 2023

Annual return

11.20%

-3.39 pp from 2023

Benchmarks

See 6,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.77M

Not enough data

1 years with asset history on file

Average account balance

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

$229K

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.

152

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

$2.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+11.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$532

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 5 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC2 years Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 27 · EIN 43-1451524	Advisory (Plan)	$45,735
TRANSAMERICA RETIREMENT SOLUTIONS4 years Service code 15 · EIN 13-3689044	Recordkeeping	$16,236
CHARLES SCHWAB & CO., INC.4 years Filed as: REA & ASSOCIATES Service code 15 · EIN 34-1310124 PO BOX 1020 · NEW PHILADELPHIA, OH 44663	Recordkeeping	$4,120
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$200
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO., INC Service code 33	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J3D2T2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$81K

$742 / participant

Other / not subdivided$81K100.0%

% of EOY assets

0.233%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$228,781

$101,499+125.4%

$147,005+55.6%

$74,546+206.9%

Participation rate

100.0%

75.5%+24.5pp

82.2%+17.8pp

67.2%+32.8pp

Annual return

11.20%

8732.34%-8721.1pp

418.76%-407.6pp

1366.03%-1354.8pp

Employer contribution / active EE

$10,790

$3,811+183.1%

$4,934+118.7%

$2,624+311.2%

Participant deferral / active EE

$8,052

$7,304+10.2%

$8,070-0.2%

$4,347+85.2%

Admin fee / account holder

$532

$1,748-69.5%

$13,006-95.9%

$1,944-72.6%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC2 years

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 27 · EIN 43-1451524

Advisory (Plan)

$45,735

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Service code 15 · EIN 13-3689044

Recordkeeping

$16,236

CHARLES SCHWAB & CO., INC.4 years

Filed as: REA & ASSOCIATES

Service code 15 · EIN 34-1310124

PO BOX 1020 · NEW PHILADELPHIA, OH 44663

Recordkeeping

$4,120

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$200

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO., INC

Service code 33

Securities brokerage; Securities brok...

KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., LPA. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KRUGLIAK, WILKINS, GRIFFITHS & DOUGHERTY CO., LPA. PROFIT SHARING AND 401(K) 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