Retirement plan

LANDSKIND & RICAFORTE LAW GROUP, P. C. 401(K) PLAN AND TRUST

Name: LANDSKIND & RICAFORTE LAW GROUP, P. - LANDSKIND & RICAFORTE LAW GROUP, P. C. 401(K) PLAN AND TRUST (2020) Form 5500
Creator: LANDSKIND & RICAFORTE LAW GROUP, P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANDSKIND & RICAFORTE LAW GROUP, P. C. 401(K) PLAN AND TRUST, LANDSKIND & RICAFORTE LAW GROUP, P.

LANDSKIND & RICAFORTE LAW GROUP, P.EIN 83-2149290Plan #001PY 2020

8212 3RD AVENUE - BROOKLYN, NY 11209718-333-5007ricafortelaw.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$235K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$116K

+124.5% from 2019

Total participants

+100.0% from 2019

Average account balance

$28,895

+12.2% from 2019

Annual return

37.94%

+37.94 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$619K

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$98K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1077

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 codes2J2E

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.

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

$23K

$5780 / participant

Other / not subdivided$23K100.0%

% of EOY assets

20.002%

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

$28,895

$165,399-82.5%

$149,745-80.7%

$158,982-81.8%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

37.94%

348.34%-310.4pp

276.72%-238.8pp

302.99%-265.1pp

Employer contribution / active EE

$6,196

$5,105+21.4%

$4,646+33.4%

$4,763+30.1%

Participant deferral / active EE

$10,608

$7,183+47.7%

$6,843+55.0%

$5,983+77.3%

Admin fee / account holder

$5,780

$10,811-46.5%

$9,312-37.9%

$11,252-48.6%

LANDSKIND & RICAFORTE LAW GROUP, P. C. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LANDSKIND & RICAFORTE LAW GROUP, P. C. 401(K) PLAN AND 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