Retirement plan

THE ELIADES LAW FIRM, PLLC EMPLOYEES' RETIREMENT PLAN

Name: THE ELIADES LAW FIRM, PLLC - THE ELIADES LAW FIRM, PLLC EMPLOYEES' RETIREMENT PLAN (2022) Form 5500
Creator: THE ELIADES LAW FIRM, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ELIADES LAW FIRM, PLLC EMPLOYEES' RETIREMENT PLAN, THE ELIADES LAW FIRM, PLLC

THE ELIADES LAW FIRM, PLLCEIN 80-0068612Plan #001PY 2022

14000 NORTH ENON CHURCH ROAD - CHESTER, VA 23836804-541-1941eliadeslawfirm.comLinkedIn1-10 employeeslegal services

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$1.1M

-9.2% from 2021

Total participants

0.0% from 2021

Average account balance

$362,898

-9.2% from 2021

Annual return

-15.58%

-27.58 pp from 2021

Benchmarks

See 133,872 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,872 peers

Snapshot2022

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)

$763K

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+9.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2T3B3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$362,898

$138,102+162.8%

$125,381+189.4%

$134,532+169.7%

Participation rate

50.0%

84.5%-34.5pp

82.4%-32.4pp

81.2%-31.2pp

Annual return

-15.58%

750.73%-766.3pp

572.31%-587.9pp

418.27%-433.8pp

Employer contribution / active EE

$5,136

$5,245-2.1%

$4,815+6.7%

$4,741+8.3%

Participant deferral / active EE

$13,980

$7,801+79.2%

$7,448+87.7%

$6,401+118.4%

Admin fee / account holder

$11,568-100.0%

$10,007-100.0%

$11,429-100.0%

THE ELIADES LAW FIRM, PLLC EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE ELIADES LAW FIRM, PLLC EMPLOYEES' RETIREMENT 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