Retirement plan

LEOPOLD & ASSOCIATES, PLLC 401(K) PROFIT SHARING PLAN

Name: LEOPOLD & ASSOCIATES, PLLC - LEOPOLD & ASSOCIATES, PLLC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: LEOPOLD & ASSOCIATES, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEOPOLD & ASSOCIATES, PLLC 401(K) PROFIT SHARING PLAN, LEOPOLD & ASSOCIATES, PLLC

LEOPOLD & ASSOCIATES, PLLCEIN 45-1137052Plan #001PY 2018

80 BUSINESS PARK DRIVE, SUITE 110 - ARMONK, NY 10504914-219-5787leopoldassociates.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$1.1M

+0.6% from 2017

Total participants

116

-2.5% from 2017

Average account balance

$22,889

+2.7% from 2017

Annual return

-3.09%

-33.94 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.40M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$195K

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

+16.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$988

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 2 by compensation

Provider	Service type	Compensation
PENSERV PLAN SERVICES, INC.1 year Filed as: PENSERV, INC. Service code 13 · EIN 20-2872050	Contract Administrator	$3,200
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$37 / participant

Contract admin$3K100.0%

% of EOY assets

0.285%

all-in expense ratio

Categories reported

1 / 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: LEHMAN FLYNN VOLLARO CPA'S PC
Auditor EIN: 134037143
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,889

$77,817-70.6%

$123,553-81.5%

$64,173-64.3%

Participation rate

23.0%

74.7%-51.7pp

82.3%-59.3pp

69.6%-46.6pp

Annual return

-3.09%

12.49%-15.6pp

119.21%-122.3pp

7.63%-10.7pp

Employer contribution / active EE

$1,116

$3,014-63.0%

$4,628-75.9%

$2,381-53.1%

Participant deferral / active EE

$1,596

$5,240-69.5%

$6,426-75.2%

$3,470-54.0%

Admin fee / account holder

$65

$5,519-98.8%

$9,284-99.3%

$4,887-98.7%

Provider

Service type

Compensation

PENSERV PLAN SERVICES, INC.1 year

Filed as: PENSERV, INC.

Service code 13 · EIN 20-2872050

Contract Administrator

$3,200

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

LEOPOLD & ASSOCIATES, PLLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEOPOLD & ASSOCIATES, PLLC 401(K) 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