Retirement plan

ALAN J. ZUCCARI, INC. 401(K) PROFIT SHARING PLAN

Name: ALAN J. ZUCCARI, INC. - ALAN J. ZUCCARI, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: ALAN J. ZUCCARI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALAN J. ZUCCARI, INC. 401(K) PROFIT SHARING PLAN, ALAN J. ZUCCARI, INC.

ALAN J. ZUCCARI, INC.EIN 54-1206590Plan #001PY 2015

4100 MONUMENT CORNER DR., SUITE 500 - FAIRFAX, VA 22030703-359-8100

Prospect flagsLow returnsHigh feesHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.8M

No prior year

Total participants

No prior year

Average account balance

$88,927

No prior year

Annual return

-5.22%

No prior year

Benchmarks

See 7,498 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,498 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.96M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$818K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16857

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

Top 2 by compensation

Provider	Service type	Compensation
CST GROUP1+ years Filed as: CST GROUP, CPAS, PC Service code 49 · EIN 54-1019610	Other Services	$14,077
CREATIVE BENEFITS SERVICES, INC.1+ years Service code 49 · EIN 52-1377484	Other Services	$10,315

Plan features & details

Pension benefit codes2A2E2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$25K

$294 / participant

Contract admin$25K100.0%

% of EOY assets

0.365%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: CST GROUP, CPAS, PC
Auditor EIN: 541019610
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,927

$82,032+8.4%

$123,106-27.8%

$59,633+49.1%

Participation rate

73.8%

83.2%-9.4pp

86.8%-13.0pp

68.7%+5.1pp

Annual return

-5.22%

5.12%-10.3pp

13.22%-18.4pp

2041.40%-2046.6pp

Employer contribution / active EE

$2,971

$3,297-9.9%

$5,151-42.3%

$2,203+34.9%

Participant deferral / active EE

$4,080

$4,667-12.6%

$6,229-34.5%

$3,192+27.8%

Admin fee / account holder

$324

$5,881-94.5%

$9,015-96.4%

$4,297-92.4%

Provider

Service type

Compensation

CST GROUP1+ years

Filed as: CST GROUP, CPAS, PC

Service code 49 · EIN 54-1019610

Other Services

$14,077

CREATIVE BENEFITS SERVICES, INC.1+ years

Service code 49 · EIN 52-1377484

Other Services

$10,315

ALAN J. ZUCCARI, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALAN J. ZUCCARI, INC. 401(K) PROFIT SHARING 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