Retirement plan

GROSS MENDELSOHN & ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN

Name: GROSS MENDELSOHN & ASSOCIATES, P.A. - GROSS MENDELSOHN & ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: GROSS MENDELSOHN & ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GROSS MENDELSOHN & ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN, GROSS MENDELSOHN & ASSOCIATES, P.A.

GROSS MENDELSOHN & ASSOCIATES, P.A.EIN 52-0982413Plan #001PY 2016

36 S CHARLES STR STE 1818 - BALTIMORE, MD 212013102410-685-5512gma-cpa.comLinkedIn51-200 employeesaccounting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$17.9M

+11.5% from 2015

Total participants

156

+10.6% from 2015

Average account balance

$117,581

-9.0% from 2015

Annual return

9.81%

+8.07 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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Analytics

Total assets (EOY)

Plan-year ending balance

$47.52M

Not enough data

1 years with asset history on file

Average account balance

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

$281K

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.

169

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+15.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$185

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

1 years with F_SCH_H allocation on file

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2+ years Filed as: T. ROWE PRICE, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$1,700
ALGER2+ years Filed as: ALGER FUNDS Service code 28 · EIN 13-1800635	Investment Management	$0
COLUMBIA2+ years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
DODGE & COX2+ years Service code 28 · EIN 94-1441976	Investment Management	$0
DODGE & COX2+ years Filed as: DODGE & COX FUNDS Service code 28	Investment Management	$0
DWS FUNDS2+ years Filed as: DWS INVESTMENTS Service code 28 · EIN 13-3241232	Investment Management	$0
HARBOR2+ years Filed as: HARBOR CAPITAL Service code 28	Investment Management	$0
HAROBOR CAPITAL2+ years Service code 28 · EIN 04-2679462	Investment Management	$0
LOOMIS SAYLES2+ years Service code 28 · EIN 04-3200030	Investment Management	$0
PIMCO FUNDS2+ years Service code 28 · EIN 33-0629048	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$15 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: JOHANSON & YAU ACCOUNTANCY CORP
Auditor EIN: 942702860
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,581

$75,183+56.4%

$123,892-5.1%

$55,167+113.1%

Participation rate

96.6%

72.8%+23.8pp

81.4%+15.2pp

69.0%+27.6pp

Annual return

9.81%

19.01%-9.2pp

47.52%-37.7pp

169.23%-159.4pp

Employer contribution / active EE

$2,236

$2,823-20.8%

$4,617-51.6%

$1,963+13.9%

Participant deferral / active EE

$6,726

$5,084+32.3%

$5,984+12.4%

$3,054+120.2%

Admin fee / account holder

$11

$663-98.3%

$8,357-99.9%

$504-97.8%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2+ years

Filed as: T. ROWE PRICE, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$1,700

ALGER2+ years

Filed as: ALGER FUNDS

Service code 28 · EIN 13-1800635

Investment Management

COLUMBIA2+ years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

DODGE & COX2+ years

Service code 28 · EIN 94-1441976

Investment Management

DODGE & COX2+ years

Filed as: DODGE & COX FUNDS

Service code 28

Investment Management

DWS FUNDS2+ years

Filed as: DWS INVESTMENTS

Service code 28 · EIN 13-3241232

Investment Management

HARBOR2+ years

Filed as: HARBOR CAPITAL

Service code 28

Investment Management

HAROBOR CAPITAL2+ years

Service code 28 · EIN 04-2679462

Investment Management

LOOMIS SAYLES2+ years

Service code 28 · EIN 04-3200030

Investment Management

PIMCO FUNDS2+ years

Service code 28 · EIN 33-0629048

Investment Management

GROSS MENDELSOHN & ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GROSS MENDELSOHN & ASSOCIATES, P.A. 401(K) 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