Retirement plan

JOHNSON, LEVINSON, RAGAN, DAVILA, INC. 401(K) PROFIT SHARING PLAN

Name: JOHNSON, LEVINSON, RAGAN, DAVILA, INC. - JOHNSON, LEVINSON, RAGAN, DAVILA, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: JOHNSON, LEVINSON, RAGAN, DAVILA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON, LEVINSON, RAGAN, DAVILA, INC. 401(K) PROFIT SHARING PLAN, JOHNSON, LEVINSON, RAGAN, DAVILA, INC.

JOHNSON, LEVINSON, RAGAN, DAVILA, INC.EIN 65-0268246Plan #001PY 2022

1450 CENTREPARK BOULEVARD, SUITE 350 - WEST PALM BEACH, FL 33401561-689-2303

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$7.2M

-17.4% from 2021

Total participants

+2.0% from 2021

Average account balance

$146,237

-19.1% from 2021

Annual return

-19.70%

-35.58 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.24M

Not enough data

1 years with asset history on file

Average account balance

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

$197K

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.

183.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$549K

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

+18.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5195

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$269K

$6554 / participant

Other / not subdivided$269K100.0%

% of EOY assets

3.750%

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

$146,237

$82,674+76.9%

$125,363+16.7%

$68,495+113.5%

Participation rate

95.1%

75.0%+20.1pp

82.4%+12.7pp

67.9%+27.2pp

Annual return

-19.70%

-5.97%-13.7pp

572.15%-591.8pp

-7.84%-11.9pp

Employer contribution / active EE

$3,219

$3,382-4.8%

$4,815-33.1%

$2,596+24.0%

Participant deferral / active EE

$7,900

$6,111+29.3%

$7,447+6.1%

$4,028+96.2%

Admin fee / account holder

$5,484

$6,276-12.6%

$10,005-45.2%

$5,403+1.5%

JOHNSON, LEVINSON, RAGAN, DAVILA, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON, LEVINSON, RAGAN, DAVILA, 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