Retirement plan

KOONZ, MCKENNEY, JOHNSON, DEPAOLIS & LIGHTFOOT, LLP 401K RETIREMENT SAVINGS PLAN

Name: KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLP - KOONZ, MCKENNEY, JOHNSON, DEPAOLIS & LIGHTFOOT, LLP 401K RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KOONZ, MCKENNEY, JOHNSON, DEPAOLIS & LIGHTFOOT, LLP 401K RETIREMENT SAVINGS PLAN, KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLP

KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLPEIN 52-2017020Plan #002PY 2020

2001 PENNSYLVANIA AVENUE, N.W., SUITE 450 - WASHINGTON, DC 200061824202-659-5500koonz.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$18.6M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.2M

+26.0% from 2019

Total participants

-19.4% from 2019

Average account balance

$345,598

+53.9% from 2019

Annual return

24.19%

+0.91 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.83M

Not enough data

1 years with asset history on file

Average account balance

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

$660K

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$402K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$302067

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

$169K

$7022 / participant

Other / not subdivided$169K100.0%

% of EOY assets

2.709%

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

$345,598

$165,399+108.9%

$149,745+130.8%

$158,982+117.4%

Participation rate

70.8%

84.6%-13.7pp

82.5%-11.6pp

82.0%-11.1pp

Annual return

24.19%

348.34%-324.1pp

276.72%-252.5pp

302.99%-278.8pp

Employer contribution / active EE

$5,105-100.0%

$4,646-100.0%

$4,763-100.0%

Participant deferral / active EE

$10,591

$7,183+47.5%

$6,843+54.8%

$5,983+77.0%

Admin fee / account holder

$9,362

$10,811-13.4%

$9,312+0.5%

$11,252-16.8%

KOONZ, MCKENNEY, JOHNSON, DEPAOLIS & LIGHTFOOT, LLP 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KOONZ, MCKENNEY, JOHNSON, DEPAOLIS & LIGHTFOOT, LLP 401K RETIREMENT SAVINGS 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