Retirement plan

IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION 401K PROFIT SHARING PLAN

Name: IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION - IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION 401K PROFIT SHARING PLAN, IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION

IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATIONEIN 94-2517281Plan #001PY 2024

3031 WEST MARCH LANE SUITE 300 E - STOCKTON, CA 952190000209-957-3691

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20M

+3.3% from 2023

Total participants

-4.0% from 2023

Average account balance

$831,702

+7.6% from 2023

Annual return

13.99%

-2.83 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.96M

Not enough data

1 years with asset history on file

Average account balance

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

$832K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$496K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+13.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108762

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.6M

$130514 / participant

Other / not subdivided$3M100.0%

% of EOY assets

13.077%

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

$831,702

$160,040+419.7%

$147,096+465.4%

$145,877+470.1%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

13.99%

98.49%-84.5pp

419.75%-405.8pp

551.28%-537.3pp

Employer contribution / active EE

$6,250

$5,289+18.2%

$4,936+26.6%

$4,663+34.0%

Participant deferral / active EE

$18,544

$8,429+120.0%

$8,071+129.8%

$6,691+177.2%

Admin fee / account holder

$108,762

$15,050+622.7%

$13,005+736.3%

$13,402+711.5%

IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IACOPI LENZ & COMPANY ACCOUNTANCY CORPORATION 401K PROFIT SHARING 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