Retirement plan

CHOPRA INSURANCE BROKERAGE, INC. 401(K) PROFIT SHARING PLAN

Name: CHOPRA INSURANCE BROKERAGE, INC. - CHOPRA INSURANCE BROKERAGE, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: CHOPRA INSURANCE BROKERAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHOPRA INSURANCE BROKERAGE, INC. 401(K) PROFIT SHARING PLAN, CHOPRA INSURANCE BROKERAGE, INC.

CHOPRA INSURANCE BROKERAGE, INC.EIN 91-2150585Plan #001PY 2020

16800 DEVONSHIURE STREET, SUITE 309 - GRANADA HILLS, CA 91344818-923-6090LinkedIn1-10 employeesinsurance

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$582K

+13.3% from 2019

Total participants

0.0% from 2019

Average account balance

$96,981

+13.3% from 2019

Annual return

5.68%

-18.61 pp from 2019

Benchmarks

See 32,157 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,157 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$914K

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

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

+17.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25

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 codes2J2G

Plan features

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$96,981

$197,603-50.9%

$177,827-45.5%

$158,950-39.0%

Participation rate

100.0%

88.5%+11.5pp

87.7%+12.3pp

82.0%+18.0pp

Annual return

5.68%

58.76%-53.1pp

48.32%-42.6pp

302.91%-297.2pp

Employer contribution / active EE

$3,587

$6,698-46.5%

$5,918-39.4%

$4,762-24.7%

Participant deferral / active EE

$6,250

$8,404-25.6%

$7,713-19.0%

$5,983+4.5%

Admin fee / account holder

$15,402-100.0%

$12,429-100.0%

$11,248-100.0%

CHOPRA INSURANCE BROKERAGE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CHOPRA INSURANCE BROKERAGE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion