Retirement plan

ANTHONY J. MADONIA & ASSOCIATES, LTD. 401(K) PLAN

Name: ANTHONY J. MADONIA & ASSOCIATES, LTD. - ANTHONY J. MADONIA & ASSOCIATES, LTD. 401(K) PLAN (2022) Form 5500
Creator: ANTHONY J. MADONIA & ASSOCIATES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANTHONY J. MADONIA & ASSOCIATES, LTD. 401(K) PLAN, ANTHONY J. MADONIA & ASSOCIATES, LTD.

ANTHONY J. MADONIA & ASSOCIATES, LTD.EIN 36-4045513Plan #002PY 2022

2700 S. RIVER ROAD, SUITE 115 - DES PLAINES, IL 60018312-578-9300madonia.comLinkedIn11-50 employeeslaw practice

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$277K

+15.3% from 2021

Total participants

0.0% from 2021

Average account balance

$27,749

-7.8% from 2021

Annual return

-20.31%

-35.51 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$526K

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4755

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 codes2F2G2J2T3D3H

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$2K

$158 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.739%

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

$27,749

$138,114-79.9%

$125,391-77.9%

$134,545-79.4%

Participation rate

69.2%

84.5%-15.3pp

82.4%-13.2pp

81.2%-12.0pp

Annual return

-20.31%

750.88%-771.2pp

572.41%-592.7pp

418.37%-438.7pp

Employer contribution / active EE

$2,331

$5,246-55.6%

$4,816-51.6%

$4,742-50.8%

Participant deferral / active EE

$4,415

$7,801-43.4%

$7,448-40.7%

$6,401-31.0%

Admin fee / account holder

$205

$11,570-98.2%

$10,009-98.0%

$11,431-98.2%

ANTHONY J. MADONIA & ASSOCIATES, LTD. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANTHONY J. MADONIA & ASSOCIATES, LTD. 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