Retirement plan

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

Name: KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLP - KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLP 401K RETIREMENT SAVINGS PLAN (2021) 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, LLP 401K RETIREMENT SAVINGS PLAN, KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLP

KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, LLPEIN 52-2017020Plan #002PY 2021

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

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$24.9M

+299.8% from 2020

Total participants

+16.0% from 2020

Average account balance

$921,185

+166.5% from 2020

Annual return

328.75%

+304.56 pp from 2020

Benchmarks

See 27,000 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,000 peers

Snapshot2021

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

$2.2M

$81643 / participant

Other / not subdivided$2M100.0%

% of EOY assets

8.863%

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

$921,185

$105,210+775.6%

$159,487+477.6%

$85,851+973.0%

Participation rate

92.6%

75.8%+16.8pp

82.8%+9.8pp

69.3%+23.3pp

Annual return

328.75%

45.08%+283.7pp

263.71%+65.0pp

318.63%+10.1pp

Employer contribution / active EE

$5,556

$3,319+67.4%

$4,831+15.0%

$2,565+116.6%

Participant deferral / active EE

$9,410

$5,946+58.2%

$7,354+28.0%

$3,952+138.1%

Admin fee / account holder

$81,643

$6,934+1077.4%

$10,804+655.7%

$6,261+1204.0%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KOONZ, MCKENNEY, JOHNSON & DEPAOLIS, 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