Retirement plan

THE LAW OFFICE OF TIM JESAITIS, PA PROFIT SHARING PLAN

Name: THE LAW OFFICE OF TIM JESAITIS, PA - THE LAW OFFICE OF TIM JESAITIS, PA PROFIT SHARING PLAN (2016) Form 5500
Creator: THE LAW OFFICE OF TIM JESAITIS, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LAW OFFICE OF TIM JESAITIS, PA PROFIT SHARING PLAN, THE LAW OFFICE OF TIM JESAITIS, PA

THE LAW OFFICE OF TIM JESAITIS, PAEIN 65-0745006Plan #001PY 2016

P.O. BOX 388 - ST. PETERSBURG, FL 337310388727-327-3200jesaitislaw.comLinkedIn1-10 employeeslaw practice

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$738K

+7.5% from 2015

Total participants

0.0% from 2015

Average account balance

$245,849

+7.5% from 2015

Annual return

3.98%

+2.69 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.53M

Not enough data

1 years with asset history on file

Average account balance

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

$306K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5595

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$11K

$5361 / participant

Other / not subdivided$11K100.0%

% of EOY assets

1.454%

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

$245,849

$135,956+80.8%

$123,894+98.4%

$273,972-10.3%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

3.98%

56.63%-52.6pp

47.52%-43.5pp

41.46%-37.5pp

Employer contribution / active EE

$11,940

$5,170+131.0%

$4,617+158.6%

$4,869+145.2%

Participant deferral / active EE

$6,343-100.0%

$5,984-100.0%

$5,287-100.0%

Admin fee / account holder

$3,574

$9,817-63.6%

$8,357-57.2%

$10,133-64.7%

THE LAW OFFICE OF TIM JESAITIS, PA PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LAW OFFICE OF TIM JESAITIS, PA 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