Retirement plan

TSONIS & ASSOCIATES 401K PLAN & TRUST

Name: TSONIS & ASSOCIATES LLC - TSONIS & ASSOCIATES 401K PLAN & TRUST (2020) Form 5500
Creator: TSONIS & ASSOCIATES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TSONIS & ASSOCIATES 401K PLAN & TRUST, TSONIS & ASSOCIATES LLC

TSONIS & ASSOCIATES LLCEIN 82-3692794Plan #001PY 2020

11 EAST ADAMS - CHICAGO, IL 60603312-428-3026tsonislaw.comLinkedIn1-10 employeeslegal services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$131K

+201.0% from 2019

Total participants

+66.7% from 2019

Average account balance

$26,183

+80.6% from 2019

Annual return

30.79%

+30.79 pp from 2019

Benchmarks

See 270 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$282K

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$540

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

+3.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$2K

$409 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.249%

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

$26,183

$101,828-74.3%

$158,950-83.5%

Participation rate

100.0%

71.6%+28.4pp

82.0%+18.0pp

Annual return

30.79%

35.92%-5.1pp

302.91%-272.1pp

Employer contribution / active EE

$6,497

$3,754+73.0%

$4,762+36.4%

Participant deferral / active EE

$12,403

$4,834+156.6%

$5,983+107.3%

Admin fee / account holder

$327

$2,885-88.7%

$11,248-97.1%

TSONIS & ASSOCIATES 401K PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TSONIS & ASSOCIATES 401K PLAN & TRUST

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