Retirement plan

MASSUMI & CONSOLI LLP EQUITY PARTNERS RETIREMENT PLAN AND TRUST

Name: MASSUMI & CONSOLI LLP - MASSUMI & CONSOLI LLP EQUITY PARTNERS RETIREMENT PLAN AND TRUST (2018) Form 5500
Creator: MASSUMI & CONSOLI LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASSUMI & CONSOLI LLP EQUITY PARTNERS RETIREMENT PLAN AND TRUST, MASSUMI & CONSOLI LLP

MASSUMI & CONSOLI LLPEIN 47-3294527Plan #002PY 2018

2029 CENTURY PARK E, SUITE 280 - LOS ANGELES, CA 90067310-971-9470mcllp.comLinkedIn51-200 employeeslegal services

Other plans on this EIN

1 filing

#001Retirement-$98K assets

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$93K

+131.4% from 2017

Total participants

+150.0% from 2017

Average account balance

$30,854

+54.3% from 2017

Annual return

-8.90%

-8.90 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.29M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$260K

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

+16.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$537

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 codes2E2F2G2J3D

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.
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

$564

$113 / participant

Other / not subdivided$564100.0%

% of EOY assets

0.609%

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

$30,854

$180,459-82.9%

$154,108-80.0%

$135,380-77.2%

Participation rate

60.0%

87.4%-27.4pp

83.0%-23.0pp

82.6%-22.6pp

Annual return

-8.90%

888.21%-897.1pp

735.21%-744.1pp

519.81%-528.7pp

Employer contribution / active EE

$6,890

$6,035+14.2%

$5,298+30.1%

$4,779+44.2%

Participant deferral / active EE

$4,334

$5,806-25.4%

$5,081-14.7%

$5,609-22.7%

Admin fee / account holder

$188

$16,145-98.8%

$13,411-98.6%

$10,828-98.3%

MASSUMI & CONSOLI LLP EQUITY PARTNERS RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASSUMI & CONSOLI LLP EQUITY PARTNERS RETIREMENT PLAN AND TRUST

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