Retirement plan

HENRY I. GREENBERG, P.A. 401(K) SAFE HARBOR PROFIT SHARING PLAN

Name: HENRY I. GREENBERG, P.A. - HENRY I. GREENBERG, P.A. 401(K) SAFE HARBOR PROFIT SHARING PLAN (2017) Form 5500
Creator: HENRY I. GREENBERG, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENRY I. GREENBERG, P.A. 401(K) SAFE HARBOR PROFIT SHARING PLAN, HENRY I. GREENBERG, P.A.

HENRY I. GREENBERG, P.A.EIN 52-0959864Plan #001PY 2017

6 EAST BIDDLE STREET - BALTIMORE, MD 212022766410-539-5250

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$910K

+27.4% from 2016

Total participants

No prior year

Average account balance

$82,753

+27.4% from 2016

Annual return

16.48%

+12.05 pp from 2016

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.69M

Not enough data

1 years with asset history on file

Average account balance

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

$169K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$169K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+9.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5300

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$11K

$976 / participant

Other / not subdivided$11K100.0%

% of EOY assets

1.180%

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

$82,753

$150,446-45.0%

$136,297-39.3%

$147,585-43.9%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

16.48%

1049.14%-1032.7pp

5156.19%-5139.7pp

578.58%-562.1pp

Employer contribution / active EE

$1,749

$5,256-66.7%

$4,696-62.7%

$4,876-64.1%

Participant deferral / active EE

$6,327

$6,631-4.6%

$6,247+1.3%

$5,439+16.3%

Admin fee / account holder

$976

$10,906-91.0%

$9,244-89.4%

$10,886-91.0%

HENRY I. GREENBERG, P.A. 401(K) SAFE HARBOR PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENRY I. GREENBERG, P.A. 401(K) SAFE HARBOR PROFIT SHARING PLAN

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