Retirement plan

LAW OFFICE OF STACY J. GROSSMAN PLLC 401(K) PLAN

Name: LAW OFFICE OF STACY J. GROSSMAN PLLC - LAW OFFICE OF STACY J. GROSSMAN PLLC 401(K) PLAN (2024) Form 5500
Creator: LAW OFFICE OF STACY J. GROSSMAN PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAW OFFICE OF STACY J. GROSSMAN PLLC 401(K) PLAN, LAW OFFICE OF STACY J. GROSSMAN PLLC

LAW OFFICE OF STACY J. GROSSMAN PLLCEIN 46-5642369Plan #001PY 2024

500 MAMARONECK AVENUE, SUITE 320 - HARRISON, NY 10528917-693-9143

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.3M

No prior year

Total participants

No prior year

Average account balance

$626,691

No prior year

Annual return

24.74%

No prior year

Benchmarks

See 143,921 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,921 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2J2K2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$15K

$7261 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.159%

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

$626,691

$159,978+291.7%

$147,041+326.2%

$145,978+329.3%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

24.74%

98.36%-73.6pp

419.21%-394.5pp

550.52%-525.8pp

Employer contribution / active EE

$5,288-100.0%

$4,935-100.0%

$4,662-100.0%

Participant deferral / active EE

$19,910

$8,429+136.2%

$8,071+146.7%

$6,690+197.6%

Admin fee / account holder

$7,261

$15,053-51.8%

$13,006-44.2%

$13,400-45.8%

LAW OFFICE OF STACY J. GROSSMAN PLLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAW OFFICE OF STACY J. GROSSMAN PLLC 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