Retirement plan

EKMAN CUSHING MAXWELL P.S. 401(K) PLAN

Name: LAW OFFICE OF RICHARD A. EKMAN, P.S. - EKMAN CUSHING MAXWELL P.S. 401(K) PLAN (2019) Form 5500
Creator: LAW OFFICE OF RICHARD A. EKMAN, P.S.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EKMAN CUSHING MAXWELL P.S. 401(K) PLAN, LAW OFFICE OF RICHARD A. EKMAN, P.S.

LAW OFFICE OF RICHARD A. EKMAN, P.S.EIN 91-1321138Plan #002PY 2019

220 W. MERCER ST., SUITE 400 - SEATTLE, WA 98119206-282-8221bersinlawfirm.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$5.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+14.9% from 2018

Total participants

-8.3% from 2018

Average account balance

$183,767

+25.3% from 2018

Annual return

22.16%

+27.05 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$449K

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156640

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 codes2E2J2T2G3D

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.
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.
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

$186K

$46386 / participant

Other / not subdivided$186K100.0%

% of EOY assets

9.179%

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

$183,767

$157,304+16.8%

$141,197+30.1%

$152,909+20.2%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

22.16%

64.34%-42.2pp

71.41%-49.2pp

345.46%-323.3pp

Employer contribution / active EE

$7,692

$5,263+46.2%

$4,736+62.4%

$4,764+61.5%

Participant deferral / active EE

$6,733

$7,111-5.3%

$6,710+0.3%

$5,851+15.1%

Admin fee / account holder

$16,868

$12,126+39.1%

$10,265+64.3%

$11,601+45.4%

EKMAN CUSHING MAXWELL P.S. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EKMAN CUSHING MAXWELL P.S. 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