Retirement plan

HABBERFIELD KASZYCKI, LLP 401(K) PROFIT SHARING PLAN

Name: HABBERFIELD KASZYCKI, LLP - HABBERFIELD KASZYCKI, LLP 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: HABBERFIELD KASZYCKI, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HABBERFIELD KASZYCKI, LLP 401(K) PROFIT SHARING PLAN, HABBERFIELD KASZYCKI, LLP

HABBERFIELD KASZYCKI, LLPEIN 47-5672301Plan #001PY 2017

13 EAST MOHAWK STREET, SUITE 200 - BUFFALO, NY 14203716-249-6900hknylaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$210K

+78.4% from 2016

Total participants

+22.2% from 2016

Average account balance

$23,385

+58.6% from 2016

Annual return

37.19%

+37.19 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

64.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$148K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+20.04%

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 codes2E2F2J2R3B3D

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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$23,385

$150,447-84.5%

$136,298-82.8%

$147,586-84.2%

Participation rate

77.8%

84.4%-6.6pp

81.9%-4.1pp

82.8%-5.1pp

Annual return

37.19%

1049.15%-1012.0pp

5156.27%-5119.1pp

578.59%-541.4pp

Employer contribution / active EE

$1,911

$5,256-63.6%

$4,696-59.3%

$4,876-60.8%

Participant deferral / active EE

$3,493

$6,631-47.3%

$6,247-44.1%

$5,439-35.8%

Admin fee / account holder

$10,906-100.0%

$9,244-100.0%

$10,886-100.0%

HABBERFIELD KASZYCKI, LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HABBERFIELD KASZYCKI, LLP 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