Retirement plan

DUDLEY NEWMAN FEUERZEIG LLP 401(K) PLAN

Name: DUDLEY NEWMAN FEUERZEIG LLP - DUDLEY NEWMAN FEUERZEIG LLP 401(K) PLAN (2020) Form 5500
Creator: DUDLEY NEWMAN FEUERZEIG LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUDLEY NEWMAN FEUERZEIG LLP 401(K) PLAN, DUDLEY NEWMAN FEUERZEIG LLP

DUDLEY NEWMAN FEUERZEIG LLPEIN 66-0359981Plan #001PY 2020

1000 FREDERIKSBERG GADE - ST. THOMAS, VI 008026736340-774-4422

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.3M

+4.5% from 2019

Total participants

+1.6% from 2019

Average account balance

$150,273

+8.3% from 2019

Annual return

10.26%

-72.76 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.40M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

142.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$339K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16610

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 codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$841K

$21013 / participant

Other / not subdivided$841K100.0%

% of EOY assets

10.170%

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

$150,273

$98,776+52.1%

$149,745+0.4%

$79,856+88.2%

Participation rate

82.5%

75.8%+6.7pp

82.5%0pp

69.6%+12.9pp

Annual return

10.26%

27.38%-17.1pp

276.72%-266.5pp

31.71%-21.4pp

Employer contribution / active EE

$2,853

$3,217-11.3%

$4,646-38.6%

$2,471+15.4%

Participant deferral / active EE

$6,707

$5,681+18.0%

$6,843-2.0%

$3,741+79.3%

Admin fee / account holder

$15,282

$6,053+152.5%

$9,312+64.1%

$5,306+188.0%

DUDLEY NEWMAN FEUERZEIG LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUDLEY NEWMAN FEUERZEIG LLP 401(K) 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