Retirement plan

DAVID MONN, PROFIT SHARING PLAN

Name: DAVID MONN, LLC - DAVID MONN, PROFIT SHARING PLAN (2019) Form 5500
Creator: DAVID MONN, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVID MONN, PROFIT SHARING PLAN, DAVID MONN, LLC

DAVID MONN, LLCEIN 57-1201845Plan #001PY 2019

135 WEST 27TH STREET, 2ND FLOOR - NEW YORK, NY 10001212-242-2009davidmonn.comLinkedIn11-50 employeesevents services

Other plans on this EIN

1 filing

#002Retirement-$1.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+39.9% from 2018

Total participants

+4.8% from 2018

Average account balance

$58,038

+33.5% from 2018

Annual return

27.77%

+33.66 pp from 2018

Benchmarks

See 119,358 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,358 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.18M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

360.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+9.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3299

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 codes2E2J3D

Plan features

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.
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

$15K

$1508 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.181%

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

$58,038

$157,276-63.1%

$141,177-58.9%

$152,885-62.0%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

27.77%

64.33%-36.6pp

71.40%-43.6pp

345.39%-317.6pp

Employer contribution / active EE

$9,251

$5,262+75.8%

$4,736+95.3%

$4,763+94.2%

Participant deferral / active EE

$2,500

$7,110-64.8%

$6,710-62.7%

$5,851-57.3%

Admin fee / account holder

$685

$12,123-94.3%

$10,263-93.3%

$11,598-94.1%

DAVID MONN, PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVID MONN, 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