Retirement plan

GOLDSTEIN FINANCIAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN

Name: GOLDSTEIN FINANCIAL MANAGEMENT, INC. - GOLDSTEIN FINANCIAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: GOLDSTEIN FINANCIAL MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDSTEIN FINANCIAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN, GOLDSTEIN FINANCIAL MANAGEMENT, INC.

GOLDSTEIN FINANCIAL MANAGEMENT, INC.EIN 47-0851210Plan #001PY 2020

P.O. BOX 189 - NEW YORK, NY 101500189212-742-1731

Other plans on this EIN

1 filing

#002Retirement-$870K assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$2.9M

+27.1% from 2019

Total participants

0.0% from 2019

Average account balance

$1,431,996

+27.1% from 2019

Annual return

24.06%

-9.56 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.68M

Not enough data

1 years with asset history on file

Average account balance

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

$2.8M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$86K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

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

+12.90%

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 codes2E2J2G2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

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

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

$1,431,996

$165,361+766.0%

$149,715+856.5%

$158,950+800.9%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

24.06%

348.24%-324.2pp

276.66%-252.6pp

302.91%-278.9pp

Employer contribution / active EE

$11,485

$5,103+125.0%

$4,645+147.3%

$4,762+141.2%

Participant deferral / active EE

$22,750

$7,182+216.8%

$6,842+232.5%

$5,983+280.3%

Admin fee / account holder

$10,808-100.0%

$9,310-100.0%

$11,248-100.0%

GOLDSTEIN FINANCIAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GOLDSTEIN FINANCIAL MANAGEMENT, INC. 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