Retirement plan

FOCIL LAW FIRM, A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Name: FOCIL LAW FIRM, A PROFESSIONAL CORPORATION - FOCIL LAW FIRM, A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: FOCIL LAW FIRM, A PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOCIL LAW FIRM, A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN, FOCIL LAW FIRM, A PROFESSIONAL CORPORATION

FOCIL LAW FIRM, A PROFESSIONAL CORPORATIONEIN 46-1127949Plan #001PY 2020

200 SO. A STREET SUITE 200A - OXNARD, CA 93030805-832-4179

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$269K

+42.1% from 2019

Total participants

+25.0% from 2019

Average account balance

$67,237

+42.1% from 2019

Annual return

15.64%

+6.42 pp from 2019

Benchmarks

See 120,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,756 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$383K

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$134

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 codes2E2F2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$224

$56 / participant

Other / not subdivided$224100.0%

% of EOY assets

0.083%

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

$67,237

$165,381-59.3%

$149,730-55.1%

$158,966-57.7%

Participation rate

75.0%

84.6%-9.6pp

82.5%-7.5pp

82.0%-7.0pp

Annual return

15.64%

348.29%-332.7pp

276.70%-261.1pp

302.95%-287.3pp

Employer contribution / active EE

$12,511

$5,104+145.1%

$4,645+169.3%

$4,762+162.7%

Participant deferral / active EE

$7,182-100.0%

$6,843-100.0%

$5,983-100.0%

Admin fee / account holder

$56

$10,809-99.5%

$9,310-99.4%

$11,250-99.5%

FOCIL LAW FIRM, A PROFESSIONAL CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOCIL LAW FIRM, A PROFESSIONAL CORPORATION 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