Retirement plan

LOWENSTEIN SANDLER 1992 401(K) PLAN

Name: LOWENSTEIN SANDLER LLP - LOWENSTEIN SANDLER 1992 401(K) PLAN (2023) Form 5500
Creator: LOWENSTEIN SANDLER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOWENSTEIN SANDLER 1992 401(K) PLAN, LOWENSTEIN SANDLER LLP

LOWENSTEIN SANDLER LLPEIN 46-0920520Plan #006PY 2023

ONE LOWENSTEIN DRIVE - ROSELAND, NJ 070681791973-597-2500

Other plans on this EIN

8 filings

#007Retirement-$93.1M assets #005Retirement-$75.3M assets #002Retirement-$72.7M assets #009Retirement-$27.2M assets #008Retirement-$5.5M assets #012Retirement-$5.4M assets #013Retirement-$5.4M assets #010Retirement-$470K assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$118.4M

+37.0% from 2022

Total participants

475

-0.4% from 2022

Average account balance

$307,542

+32.3% from 2022

Annual return

36.29%

+52.77 pp from 2022

Benchmarks

See 3,232 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,232 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$136.84M

Not enough data

1 years with asset history on file

Average account balance

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

$357K

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.

383

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.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.35%

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

1 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
THE VANGUARD GROUP, INC.9+ years Service code 15 · EIN 23-1945930	Recordkeeping	$2,350

Plan features & details

Pension benefit codes2F2G2J2T3D

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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1K

$4 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EISNERAMPER, LLP
Auditor EIN: 871363769
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$307,542

$95,417+222.3%

$135,974+126.2%

$74,460+313.0%

Participation rate

74.7%

78.2%-3.5pp

81.9%-7.2pp

70.7%+4.0pp

Annual return

36.29%

32.76%+3.5pp

68.30%-32.0pp

34.38%+1.9pp

Employer contribution / active EE

$3,878-100.0%

$4,859-100.0%

$2,638-100.0%

Participant deferral / active EE

$12,321

$7,789+58.2%

$7,760+58.8%

$4,530+172.0%

Admin fee / account holder

$266-98.8%

$10,767-100.0%

$348-99.1%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.9+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$2,350

LOWENSTEIN SANDLER 1992 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOWENSTEIN SANDLER 1992 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