Retirement plan

GOLDBERG, GODLES, WIENER, & WRIGHT, LLP MONEY PURCHASE PENSION PLAN

Name: GOLDBERG, GODLES, WIENER, & WRIGHT, LLP - GOLDBERG, GODLES, WIENER, & WRIGHT, LLP MONEY PURCHASE PENSION PLAN (2023) Form 5500
Creator: GOLDBERG, GODLES, WIENER, & WRIGHT, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDBERG, GODLES, WIENER, & WRIGHT, LLP MONEY PURCHASE PENSION PLAN, GOLDBERG, GODLES, WIENER, & WRIGHT, LLP

GOLDBERG, GODLES, WIENER, & WRIGHT, LLPEIN 52-1309349Plan #003PY 2023

1025 CONNECTICUT AVENUE, NW - WASHINGTON, DC 20036202-429-4900g2w2.comLinkedIn1-10 employeestelecommunications

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$11.7M

+20.3% from 2022

Total participants

0.0% from 2022

Average account balance

$1,941,858

+20.3% from 2022

Annual return

20.06%

+39.02 pp from 2022

Benchmarks

See 139,849 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,849 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.22M

Not enough data

1 years with asset history on file

Average account balance

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

$2.5M

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

$181K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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)

$28617

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 codes3D2C2G3B

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

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

$150K

$24972 / participant

Other / not subdivided$150K100.0%

% of EOY assets

1.286%

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

$1,941,858

$148,582+1206.9%

$135,942+1328.4%

$139,456+1292.5%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

20.06%

79.26%-59.2pp

68.28%-48.2pp

373.45%-353.4pp

Employer contribution / active EE

$27,688

$5,245+427.9%

$4,858+470.0%

$4,753+482.6%

Participant deferral / active EE

$8,101-100.0%

$7,759-100.0%

$6,711-100.0%

Admin fee / account holder

$24,972

$12,402+101.4%

$10,764+132.0%

$11,407+118.9%

GOLDBERG, GODLES, WIENER, & WRIGHT, LLP MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDBERG, GODLES, WIENER, & WRIGHT, LLP MONEY PURCHASE PENSION 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