Retirement plan

SHAVITZ LAW GROUP, P.A. 401(K) PROFIT SHARING PLAN

Name: SHAVITZ LAW GROUP, P.A. - SHAVITZ LAW GROUP, P.A. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SHAVITZ LAW GROUP, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAVITZ LAW GROUP, P.A. 401(K) PROFIT SHARING PLAN, SHAVITZ LAW GROUP, P.A.

SHAVITZ LAW GROUP, P.A.EIN 65-0969405Plan #001PY 2019

951 W YAMATO RD. STE 285 - BOCA RATON, FL 334314452561-447-8888shavitzlaw.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$1.4M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$2.7M

+25.2% from 2018

Total participants

0.0% from 2018

Average account balance

$192,083

No prior year

Annual return

13.36%

+14.31 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.19M

Not enough data

1 years with asset history on file

Average account balance

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

$288K

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

$359K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+10.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$192,083

$157,304+22.1%

$141,197+36.0%

$152,909+25.6%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

13.36%

64.34%-51.0pp

71.41%-58.0pp

345.46%-332.1pp

Employer contribution / active EE

$8,862

$5,263+68.4%

$4,736+87.1%

$4,764+86.0%

Participant deferral / active EE

$9,346

$7,111+31.4%

$6,710+39.3%

$5,851+59.7%

Admin fee / account holder

$12,126-100.0%

$10,265-100.0%

$11,601-100.0%

SHAVITZ LAW GROUP, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SHAVITZ LAW GROUP, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion