Retirement plan

LARSON GROSS P.L.L.C. 401(K) PROFIT SHARING PLAN AND TRUST

Name: LARSON GROSS P.L.L.C. - LARSON GROSS P.L.L.C. 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: LARSON GROSS P.L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LARSON GROSS P.L.L.C. 401(K) PROFIT SHARING PLAN AND TRUST, LARSON GROSS P.L.L.C.

LARSON GROSS P.L.L.C.EIN 91-1663574Plan #001PY 2022

2211 RIMLAND DRIVE, SUITE 422 - BELLINGHAM, WA 98226360-734-4280larsongross.comLinkedIn201-500 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21M

-15.0% from 2021

Total participants

179

+2.9% from 2021

Average account balance

$120,030

-32.0% from 2021

Annual return

-13.84%

-27.33 pp from 2021

Benchmarks

See 5,988 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,988 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 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

$978K

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

-89.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 3 by compensation

Provider	Service type	Compensation
JP MORGAN INVESTMENT MANAGEMENT INC2 years Filed as: HARBOR INVESTMENT MANAGEMENT Service code 27 · EIN 91-2093427	Advisory (Plan)	$40,500
NWPS2 years Service code 15 · EIN 91-1526584	Recordkeeping	$19,445
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$5,653

Plan features & details

Pension benefit codes2A2E2F2G2J2T3B

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.
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.

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

$66K

$475 / participant

Investment mgmt$66K100.0%

% of EOY assets

0.312%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GEFFEN MESHER & COMPANY PC
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,030

$84,482+42.1%

$125,363-4.3%

$66,930+79.3%

Participation rate

97.1%

76.4%+20.7pp

82.4%+14.7pp

69.8%+27.3pp

Annual return

-13.84%

-8.49%-5.4pp

572.15%-586.0pp

1.57%-15.4pp

Employer contribution / active EE

$7,194

$3,553+102.5%

$4,815+49.4%

$2,545+182.7%

Participant deferral / active EE

$6,773

$6,782-0.1%

$7,447-9.0%

$4,238+59.8%

Admin fee / account holder

$375

$685-45.3%

$10,005-96.3%

$593-36.8%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC2 years

Filed as: HARBOR INVESTMENT MANAGEMENT

Service code 27 · EIN 91-2093427

Advisory (Plan)

$40,500

NWPS2 years

Service code 15 · EIN 91-1526584

Recordkeeping

$19,445

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$5,653

LARSON GROSS P.L.L.C. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LARSON GROSS P.L.L.C. 401(K) PROFIT SHARING 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