Retirement plan

LIPTZ, ROBERTS & MARQUEZ, CHARTERED PROFIT SHARING PLAN (003)

Name: LIPTZ, ROBERTS & MARQUEZ, CHARTERED - LIPTZ, ROBERTS & MARQUEZ, CHARTERED PROFIT SHARING PLAN (003) (2017) Form 5500
Creator: LIPTZ, ROBERTS & MARQUEZ, CHARTERED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LIPTZ, ROBERTS & MARQUEZ, CHARTERED PROFIT SHARING PLAN (003), LIPTZ, ROBERTS & MARQUEZ, CHARTERED

LIPTZ, ROBERTS & MARQUEZ, CHARTEREDEIN 52-0939448Plan #003PY 2017

5530 WISCONSIN AVENUE, SUITE 1100 - CHEVY CHASE, MD 208154330301-657-2900LinkedIn1-10 employees

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6M

+18.7% from 2016

Total participants

0.0% from 2016

Average account balance

$429,547

+18.7% from 2016

Annual return

19.87%

+24.99 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

$4.16M

Not enough data

1 years with asset history on file

Average account balance

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

$277K

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

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$699

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

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

$139K

$13885 / participant

Other / not subdivided$139K100.0%

% of EOY assets

2.309%

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

$429,547

$150,447+185.5%

$136,298+215.2%

$147,586+191.0%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

19.87%

1049.15%-1029.3pp

5156.27%-5136.4pp

578.59%-558.7pp

Employer contribution / active EE

$1,009

$5,256-80.8%

$4,696-78.5%

$4,876-79.3%

Participant deferral / active EE

$6,940

$6,631+4.7%

$6,247+11.1%

$5,439+27.6%

Admin fee / account holder

$9,918

$10,906-9.1%

$9,244+7.3%

$10,886-8.9%

LIPTZ, ROBERTS & MARQUEZ, CHARTERED PROFIT SHARING PLAN (003)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIPTZ, ROBERTS & MARQUEZ, CHARTERED PROFIT SHARING PLAN (003)

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