Retirement plan

JADEJA-CIMONE LAW PC 401(K) PLAN

Name: JADEJA-CIMONE LAW PC - JADEJA-CIMONE LAW PC 401(K) PLAN (2020) Form 5500
Creator: JADEJA-CIMONE LAW PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JADEJA-CIMONE LAW PC 401(K) PLAN, JADEJA-CIMONE LAW PC

JADEJA-CIMONE LAW PCEIN 82-1353857Plan #002PY 2020

50 CLINTON STREET, STE 501 - HEMPSTEAD, NY 11550516-414-0080jadejacimone.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$751K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$928K

+25.9% from 2019

Total participants

+16.7% from 2019

Average account balance

$18,939

+7.9% from 2019

Annual return

18.89%

-3.20 pp from 2019

Benchmarks

See 8,769 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,769 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.67M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

219.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$282K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+8.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1982

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$80K

$3207 / participant

Other / not subdivided$80K100.0%

% of EOY assets

8.640%

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

$18,939

$60,128-68.5%

$90,440-79.1%

$79,852-76.3%

Participation rate

100.0%

65.0%+35.0pp

72.7%+27.3pp

69.6%+30.4pp

Annual return

18.89%

71.95%-53.1pp

1294.38%-1275.5pp

31.72%-12.8pp

Employer contribution / active EE

$3,581

$2,068+73.1%

$3,263+9.7%

$2,471+44.9%

Participant deferral / active EE

$1,704

$2,939-42.0%

$3,964-57.0%

$3,740-54.4%

Admin fee / account holder

$1,636

$3,977-58.9%

$5,615-70.9%

$5,306-69.2%

JADEJA-CIMONE LAW PC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JADEJA-CIMONE LAW PC 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