Retirement plan

DAVID JIN CPA, P.C. 401(K) PROFIT SHARING PLAN

Name: DAVID JIN CPA, P.C. - DAVID JIN CPA, P.C. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: DAVID JIN CPA, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID JIN CPA, P.C. 401(K) PROFIT SHARING PLAN, DAVID JIN CPA, P.C.

DAVID JIN CPA, P.C.EIN 45-5395973Plan #001PY 2018

420 EXCHANGE, SUITE 250 - IRVINE, CA 92602714-505-8377LinkedIn1-10 employeesaccounting

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$101K

No prior year

Total participants

No prior year

Average account balance

$12,587

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 116,760 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,760 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.12M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

237.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$215K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+21.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G2J3D

Plan features

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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$12,587

$138,072-90.9%

$123,549-89.8%

$135,382-90.7%

Participation rate

88.9%

84.7%+4.2pp

82.3%+6.6pp

82.6%+6.2pp

Annual return

0.00%

153.69%-153.7pp

119.20%-119.2pp

519.77%-519.8pp

Employer contribution / active EE

$2,686

$5,152-47.9%

$4,628-42.0%

$4,779-43.8%

Participant deferral / active EE

$9,360

$6,799+37.7%

$6,426+45.7%

$5,609+66.9%

Admin fee / account holder

$10,917-100.0%

$9,284-100.0%

$10,829-100.0%

DAVID JIN CPA, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DAVID JIN CPA, P.C. 401(K) PROFIT SHARING 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