Retirement plan

SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC SAVINGS PLAN

Name: SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC - SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC SAVINGS PLAN (2022) Form 5500
Creator: SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC SAVINGS PLAN, SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC

SWARTZ TALIAFERRO SWARTZ AND GOODOVE PCEIN 54-1160814Plan #002PY 2022

220 WEST FREEMASON STREET - NORFOLK, VA 23510757-275-5000

Other plans on this EIN

1 filing

#001Retirement-$3.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

+5.1% from 2021

Total participants

0.0% from 2021

Average account balance

$234,821

+5.1% from 2021

Annual return

3.22%

-10.42 pp from 2021

Benchmarks

See 133,872 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,872 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.64M

Not enough data

1 years with asset history on file

Average account balance

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

$280K

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

$178K

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

+4.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3725

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$95K

$6317 / participant

Other / not subdivided$95K100.0%

% of EOY assets

2.690%

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

$234,821

$138,102+70.0%

$125,381+87.3%

$134,532+74.5%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

3.22%

750.73%-747.5pp

572.31%-569.1pp

418.27%-415.0pp

Employer contribution / active EE

$3,301

$5,245-37.1%

$4,815-31.4%

$4,741-30.4%

Participant deferral / active EE

$7,231

$7,801-7.3%

$7,448-2.9%

$6,401+13.0%

Admin fee / account holder

$6,317

$11,568-45.4%

$10,007-36.9%

$11,429-44.7%

SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWARTZ TALIAFERRO SWARTZ AND GOODOVE PC 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