Retirement plan

FARELLA BRAUN AND MARTEL LLP ASSOCIATES' 401(K) PLAN

Name: FARELLA BRAUN AND MARTEL LLP - FARELLA BRAUN AND MARTEL LLP ASSOCIATES' 401(K) PLAN (2020) Form 5500
Creator: FARELLA BRAUN AND MARTEL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FARELLA BRAUN AND MARTEL LLP ASSOCIATES' 401(K) PLAN, FARELLA BRAUN AND MARTEL LLP

FARELLA BRAUN AND MARTEL LLPEIN 94-1527242Plan #002PY 2020

235 MONTGOMERY STREET, 18TH FLOOR - SAN FRANCISCO, CA 94104415-954-4400fbm.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#001Retirement-$236.7M assets #004Retirement-$17.0M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.2M

-20.8% from 2016

Total participants

+4.7% from 2016

Average account balance

$96,443

-18.3% from 2016

Annual return

7.16%

-22.83 pp from 2016

Benchmarks

See 26,417 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,417 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.32M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

209.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$868K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+12.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11803

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 codes2F2G2J2R2T3D3F2E

Plan features

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$819K

$16724 / participant

Other / not subdivided$819K100.0%

% of EOY assets

9.997%

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

$96,443

$98,779-2.4%

$149,751-35.6%

$79,859+20.8%

Participation rate

89.8%

75.8%+14.0pp

82.5%+7.3pp

69.6%+20.2pp

Annual return

7.16%

27.38%-20.2pp

276.71%-269.6pp

31.71%-24.6pp

Employer contribution / active EE

$3,217-100.0%

$4,646-100.0%

$2,471-100.0%

Participant deferral / active EE

$17,423

$5,682+206.7%

$6,843+154.6%

$3,741+365.8%

Admin fee / account holder

$9,641

$6,053+59.3%

$9,312+3.5%

$5,307+81.7%

FARELLA BRAUN AND MARTEL LLP ASSOCIATES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FARELLA BRAUN AND MARTEL LLP ASSOCIATES' 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