Retirement plan

SCHWARTZ PLATZ PROFIT SHARING PLAN

Name: SCHWARTZ PLATZ AND ASSOCIATES, CPA - SCHWARTZ PLATZ PROFIT SHARING PLAN (2019) Form 5500
Creator: SCHWARTZ PLATZ AND ASSOCIATES, CPA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHWARTZ PLATZ PROFIT SHARING PLAN, SCHWARTZ PLATZ AND ASSOCIATES, CPA

SCHWARTZ PLATZ AND ASSOCIATES, CPAdba SCHWARTZ PLATZ & ASSOCIATES CPA,EIN 68-0263780Plan #001PY 2019

730 HOWE AVE STE 100 - SACRAMENTO, CA 958254699916-489-1697

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$604K

-15.1% from 2018

Total participants

-25.0% from 2018

Average account balance

$201,284

+13.2% from 2018

Annual return

25.53%

+32.41 pp from 2018

Benchmarks

See 119,339 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,339 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.18M

Not enough data

1 years with asset history on file

Average account balance

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

$295K

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

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3137

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 codes2E2H2J2R3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

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

$320K

$159778 / participant

Other / not subdivided$320K100.0%

% of EOY assets

52.920%

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

$201,284

$157,296+28.0%

$141,191+42.6%

$152,897+31.6%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

25.53%

64.34%-38.8pp

71.41%-45.9pp

345.43%-319.9pp

Employer contribution / active EE

$4,232

$5,262-19.6%

$4,736-10.6%

$4,764-11.2%

Participant deferral / active EE

$11,018

$7,111+54.9%

$6,710+64.2%

$5,851+88.3%

Admin fee / account holder

$106,518

$12,125+778.5%

$10,264+937.8%

$11,599+818.3%

SCHWARTZ PLATZ PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHWARTZ PLATZ 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