Retirement plan

GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC 401K PS PLAN

Name: GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC - GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC 401K PS PLAN (2023) Form 5500
Creator: GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC 401K PS PLAN, GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC

GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLCEIN 83-4313291Plan #001PY 2023

701 S PARKER ST STE 2500 - ORANGE, CA 928684753714-497-1366gmwealthmanagementgroup.comLinkedIn1-10 employeesinvestment management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$740K

+48.5% from 2022

Total participants

0.0% from 2022

Average account balance

$246,535

+48.5% from 2022

Annual return

17.76%

+31.79 pp from 2022

Benchmarks

See 36,180 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort36,180 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.35M

Not enough data

1 years with asset history on file

Average account balance

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

$449K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$157K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$52K

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

+15.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$368

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 codes2E2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$588

$196 / participant

Other / not subdivided$588100.0%

% of EOY assets

0.080%

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

$246,535

$185,856+32.6%

$170,028+45.0%

$139,456+76.8%

Participation rate

100.0%

87.8%+12.2pp

87.0%+13.0pp

80.3%+19.7pp

Annual return

17.76%

60.52%-42.8pp

53.39%-35.6pp

373.45%-355.7pp

Employer contribution / active EE

$31,000

$7,593+308.3%

$6,788+356.7%

$4,753+552.3%

Participant deferral / active EE

$20,000

$11,623+72.1%

$10,409+92.1%

$6,711+198.0%

Admin fee / account holder

$196

$15,387-98.7%

$12,820-98.5%

$11,407-98.3%

GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC 401K PS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOMBERG - MCQUILKIN WEALTH MANAGEMENT GROUP LLC 401K PS 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