Retirement plan

THE 401(K) PROFIT SHARING PLAN AND TRUST OF CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC

Name: CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC - THE 401(K) PROFIT SHARING PLAN AND TRUST OF CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC (2024) Form 5500
Creator: CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE 401(K) PROFIT SHARING PLAN AND TRUST OF CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC, CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC

CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLCEIN 91-0860813Plan #001PY 2024

1201 THIRD AVENUE, STE 3600 - SEATTLE, WA 981013029206-695-1777cojk.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh feesHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$39.5M

-1.0% from 2023

Total participants

147

-7.0% from 2023

Average account balance

$272,484

+5.8% from 2023

Annual return

12.24%

-3.40 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.51M

Not enough data

1 years with asset history on file

Average account balance

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

$272K

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.

145

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$712

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 4 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC6 years Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$62,949
THE VANGUARD GROUP, INC.6 years Filed as: VANGUARD GROUP INC. Service code 15 · EIN 23-1945930	Recordkeeping	$31,107
UNIGLOBAL PENSION PLANNING, INC.1 year Service code 99 · EIN 13-3601506	Other Fees	$9,266
THE VANGUARD GROUP, INC.8 years Filed as: THE VANGUARD GROUP Service code 28	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3B3D

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$103K

$1109 / participant

Investment mgmt$63K61.0%
Contract admin$40K39.0%

% of EOY assets

0.261%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$272,484

$102,385+166.1%

$147,080+85.3%

$80,935+236.7%

Participation rate

97.8%

75.9%+22.0pp

82.2%+15.7pp

67.7%+30.2pp

Annual return

12.24%

135.09%-122.9pp

420.17%-407.9pp

35.66%-23.4pp

Employer contribution / active EE

$5,892

$3,717+58.5%

$4,933+19.4%

$2,757+113.7%

Participant deferral / active EE

$10,608

$6,651+59.5%

$8,066+31.5%

$4,299+146.7%

Admin fee / account holder

$712

$7,951-91.1%

$12,989-94.5%

$6,924-89.7%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC6 years

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$62,949

THE VANGUARD GROUP, INC.6 years

Filed as: VANGUARD GROUP INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$31,107

UNIGLOBAL PENSION PLANNING, INC.1 year

Service code 99 · EIN 13-3601506

Other Fees

$9,266

THE VANGUARD GROUP, INC.8 years

Filed as: THE VANGUARD GROUP

Service code 28

Investment Management

THE 401(K) PROFIT SHARING PLAN AND TRUST OF CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE 401(K) PROFIT SHARING PLAN AND TRUST OF CHRISTENSEN OCONNOR JOHNSON KINDNESS PLLC

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