Retirement plan

GELFAND, RENNERT & FELDMAN PROFIT SHARING PLAN

Name: GELFAND, RENNERT & FELDMAN, LLC - GELFAND, RENNERT & FELDMAN PROFIT SHARING PLAN (2020) Form 5500
Creator: GELFAND, RENNERT & FELDMAN, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GELFAND, RENNERT & FELDMAN PROFIT SHARING PLAN, GELFAND, RENNERT & FELDMAN, LLC

GELFAND, RENNERT & FELDMAN, LLCEIN 81-5179315Plan #002PY 2020

1880 CENTURY PARK EAST, SUITE 1600 - LOS ANGELES, CA 90067310-553-1707grfllp.comLinkedIn501-1000 employeesfinancial services

Other plans on this EIN

1 filing

#001Retirement-$64.1M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$10.2M

+15.0% from 2019

Total participants

298

+14.2% from 2019

Average account balance

$35,501

-1.5% from 2019

Annual return

12.88%

-7.86 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.33M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

402

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.95%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS3 years Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766	Recordkeeping	$19,088
SENTINEL PENSION ADVISORS2 years Service code 27 · EIN 04-3422848	Advisory (Plan)	$6,000

Plan features & details

Pension benefit codes2A2E2F2G2T3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$28K

$106 / participant

Investment mgmt$6K21.1%
Other / not subdivided$22K78.9%

% of EOY assets

0.279%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HOLTHOUSE CARLIN & VAN TRIGT LLP
Auditor EIN: 954345526
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,501

$100,801-64.8%

$149,745-76.3%

$73,412-51.6%

Participation rate

95.9%

77.7%+18.2pp

82.5%+13.4pp

72.2%+23.7pp

Annual return

12.88%

265.34%-252.5pp

276.72%-263.8pp

59.30%-46.4pp

Employer contribution / active EE

$2,483

$3,312-25.0%

$4,646-46.6%

$2,234+11.1%

Participant deferral / active EE

$6,404-100.0%

$6,843-100.0%

$3,806-100.0%

Admin fee / account holder

$99

$181-45.2%

$9,312-98.9%

$158-37.2%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS3 years

Filed as: SENTINEL BENEFITS GROUP, LLC

Service code 15 · EIN 20-5916766

Recordkeeping

$19,088

SENTINEL PENSION ADVISORS2 years

Service code 27 · EIN 04-3422848

Advisory (Plan)

$6,000

GELFAND, RENNERT & FELDMAN PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GELFAND, RENNERT & FELDMAN 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