Retirement plan

ABATO, RUBENSTEIN AND ABATO, P.A. 401K PROFIT SHARING PLAN AND TRUST

Name: ABATO, RUBENSTEIN AND ABATO, P.A. - ABATO, RUBENSTEIN AND ABATO, P.A. 401K PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: ABATO, RUBENSTEIN AND ABATO, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABATO, RUBENSTEIN AND ABATO, P.A. 401K PROFIT SHARING PLAN AND TRUST, ABATO, RUBENSTEIN AND ABATO, P.A.

ABATO, RUBENSTEIN AND ABATO, P.A.EIN 52-0904713Plan #002PY 2019

809 GLEN EAGLES CT STE 320 - BALTIMORE, MD 212862230410-321-0990abatolaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.5M

+19.2% from 2018

Total participants

-8.3% from 2018

Average account balance

$595,427

+30.0% from 2018

Annual return

23.59%

+29.84 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.21M

Not enough data

1 years with asset history on file

Average account balance

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

$934K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$341K

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

+11.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29171

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 codes2E2G2J3D

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.
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

$573K

$63613 / participant

Other / not subdivided$573K100.0%

% of EOY assets

8.741%

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

$595,427

$157,304+278.5%

$141,197+321.7%

$152,909+289.4%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

23.59%

64.34%-40.8pp

71.41%-47.8pp

345.46%-321.9pp

Employer contribution / active EE

$20,131

$5,263+282.5%

$4,736+325.0%

$4,764+322.6%

Participant deferral / active EE

$16,716

$7,111+135.1%

$6,710+149.1%

$5,851+185.7%

Admin fee / account holder

$52,047

$12,126+329.2%

$10,265+407.0%

$11,601+348.7%

ABATO, RUBENSTEIN AND ABATO, P.A. 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABATO, RUBENSTEIN AND ABATO, P.A. 401K PROFIT SHARING 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