Retirement plan

GOLDBERG, WEISMAN & CAIRO, LTD. PROFIT SHARING PLAN

Name: GOLDBERG, WEISMAN, CAIRO, LTD. - GOLDBERG, WEISMAN & CAIRO, LTD. PROFIT SHARING PLAN (2016) Form 5500
Creator: GOLDBERG, WEISMAN, CAIRO, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDBERG, WEISMAN & CAIRO, LTD. PROFIT SHARING PLAN, GOLDBERG, WEISMAN, CAIRO, LTD.

GOLDBERG, WEISMAN, CAIRO, LTD.EIN 36-2957285Plan #001PY 2016

ONE EAST WACKER DRIVE, 38TH FLOOR - CHICAGO, IL 60601312-245-2190gwclaw.comLinkedIn51-200 employeeslaw practice

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.8M

+7.6% from 2015

Total participants

182

+13.8% from 2015

Average account balance

$69,040

-13.1% from 2015

Annual return

6.67%

+5.85 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.46M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

152.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$860K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+9.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1607

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

Top 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$775

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$13 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TOPEL FORMAN L.L.C
Auditor EIN: 362469413
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,040

$75,183-8.2%

$123,894-44.3%

$55,167+25.1%

Participation rate

78.7%

72.8%+5.9pp

81.4%-2.7pp

69.0%+9.7pp

Annual return

6.67%

19.01%-12.3pp

47.52%-40.9pp

169.23%-162.6pp

Employer contribution / active EE

$1,961

$2,823-30.5%

$4,617-57.5%

$1,963-0.1%

Participant deferral / active EE

$2,932

$5,084-42.3%

$5,984-51.0%

$3,054-4.0%

Admin fee / account holder

$10

$663-98.5%

$8,357-99.9%

$504-98.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$775

GOLDBERG, WEISMAN & CAIRO, LTD. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDBERG, WEISMAN & CAIRO, LTD. PROFIT SHARING 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