Retirement plan

401K EMPLOYEE RETIREMENT PLAN

Name: LAW OFFICE OF CRAIG M GENO, PLLC - 401K EMPLOYEE RETIREMENT PLAN (2019) Form 5500
Creator: LAW OFFICE OF CRAIG M GENO, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401K EMPLOYEE RETIREMENT PLAN, LAW OFFICE OF CRAIG M GENO, PLLC

LAW OFFICE OF CRAIG M GENO, PLLCEIN 45-4013160Plan #005PY 2019

587 HIGHLAND COLONY PKWY - RIDGELAND, MS 39157601-427-0048LinkedIn1-10 employeeslegal services

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$764K

+24.6% from 2018

Total participants

+28.6% from 2018

Average account balance

$84,908

-3.1% from 2018

Annual return

22.53%

+33.22 pp from 2018

Benchmarks

See 119,375 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,375 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.10M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+6.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$545

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 codes2E2G2J3D

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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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

$84,908

$157,270-46.0%

$141,173-39.9%

$152,870-44.5%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

82.4%+17.6pp

Annual return

22.53%

64.33%-41.8pp

71.40%-48.9pp

345.34%-322.8pp

Employer contribution / active EE

$2,529

$5,261-51.9%

$4,735-46.6%

$4,763-46.9%

Participant deferral / active EE

$7,110-100.0%

$6,710-100.0%

$5,850-100.0%

Admin fee / account holder

$12,121-100.0%

$10,262-100.0%

$11,597-100.0%

401K EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

401K EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion