Retirement plan

THOMPSON LEWIS LAW FIRM, PLLC 401K PLAN

Name: THOMPSON LEWIS LAW FIRM, PLLC - THOMPSON LEWIS LAW FIRM, PLLC 401K PLAN (2022) Form 5500
Creator: THOMPSON LEWIS LAW FIRM, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON LEWIS LAW FIRM, PLLC 401K PLAN, THOMPSON LEWIS LAW FIRM, PLLC

THOMPSON LEWIS LAW FIRM, PLLCEIN 46-1655015Plan #001PY 2022

745 12TH AVENUE SOUTH, SUITE 105 - NAPLES, FL 34102239-316-3004tllfirm.comLinkedIn1-10 employeeslegal services

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$133K

+64.5% from 2021

Total participants

-11.1% from 2021

Average account balance

$26,652

-1.3% from 2021

Annual return

-34.87%

-80.40 pp from 2021

Benchmarks

See 133,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,909 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$544K

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$448

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 codes2E2F2G2J2T3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$835

$104 / participant

Other / not subdivided$835100.0%

% of EOY assets

0.627%

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

$26,652

$138,078-80.7%

$125,363-78.7%

$134,509-80.2%

Participation rate

62.5%

84.5%-22.0pp

82.4%-19.9pp

81.2%-18.7pp

Annual return

-34.87%

750.49%-785.4pp

572.15%-607.0pp

418.13%-453.0pp

Employer contribution / active EE

$2,349

$5,245-55.2%

$4,815-51.2%

$4,741-50.5%

Participant deferral / active EE

$7,716

$7,800-1.1%

$7,447+3.6%

$6,400+20.6%

Admin fee / account holder

$167

$11,566-98.6%

$10,005-98.3%

$11,427-98.5%

THOMPSON LEWIS LAW FIRM, PLLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON LEWIS LAW FIRM, PLLC 401K 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