Retirement plan

PENINO & MOYNIHAN, LLP 401(K) PLAN

Name: PENINO & MOHNIHAN, LLP - PENINO & MOYNIHAN, LLP 401(K) PLAN (2017) Form 5500
Creator: PENINO & MOHNIHAN, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENINO & MOYNIHAN, LLP 401(K) PLAN, PENINO & MOHNIHAN, LLP

PENINO & MOHNIHAN, LLPEIN 52-2117266Plan #002PY 2017

180 EAST POST ROAD - WHITE PLAINS, NY 10590914-949-6203peninomoynihanlaw.comLinkedIn11-50 employeeslegal services

Other plans on this EIN

1 filing

#001Retirement-$111K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+74.3% from 2016

Total participants

+33.3% from 2016

Average account balance

$100,896

+30.7% from 2016

Annual return

54.62%

+43.68 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.15M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$457K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+20.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9930

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$100,896

$150,447-32.9%

$136,298-26.0%

$147,586-31.6%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

54.62%

1049.15%-994.5pp

5156.27%-5101.6pp

578.59%-524.0pp

Employer contribution / active EE

$2,892

$5,256-45.0%

$4,696-38.4%

$4,876-40.7%

Participant deferral / active EE

$8,505

$6,631+28.3%

$6,247+36.1%

$5,439+56.4%

Admin fee / account holder

$10,906-100.0%

$9,244-100.0%

$10,886-100.0%

PENINO & MOYNIHAN, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PENINO & MOYNIHAN, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion