Retirement plan

JUDY MADRIGAL & ASSOCIATES 401(K) PLAN

Name: JUDY MADRIGAL & ASSOCIATES - JUDY MADRIGAL & ASSOCIATES 401(K) PLAN (2018) Form 5500
Creator: JUDY MADRIGAL & ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JUDY MADRIGAL & ASSOCIATES 401(K) PLAN, JUDY MADRIGAL & ASSOCIATES

JUDY MADRIGAL & ASSOCIATESdba JMA HUMAN RESOURCE MANAGEMENTEIN 94-3140443Plan #001PY 2018

2000 ALAMEDA DE LAS PULGAS, SUITE 275 - SAN MATEO, CA 94403650-873-3444judymadrigal.comLinkedIn501-1000 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.9M

-8.0% from 2017

Total participants

139

-21.0% from 2017

Average account balance

$92,504

+11.2% from 2017

Annual return

-4.25%

-15.82 pp from 2017

Benchmarks

See 1,003 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,003 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.06M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

177

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.

52.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1260

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

1 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
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$27,684
ABD RETIREMENT SERVICES INC1 year Filed as: ABD INSURANCE AND FINANCIAL SERVICE Service code 53 · EIN 27-0673528	Insurance Commissions	$23,791
PINNACLE FINANCIAL SERVICES, INC.1 year Filed as: PINNACLE FINANCIAL SERVICES Service code 13 · EIN 59-2438373	Contract Administrator	$5,852

Plan features & details

Pension benefit codes2E2J2F2G2T3D

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.
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

$74K

$609 / participant

Contract admin$74K100.0%

% of EOY assets

0.578%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SHEA LABAGH DOBBERSTEIN CPA/ADVISOR
Auditor EIN: 942290202
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,504

$33,067+179.7%

$76,523+20.9%

$56,287+64.3%

Participation rate

100.0%

55.4%+44.6pp

68.0%+32.0pp

69.9%+30.1pp

Annual return

-4.25%

2.72%-7.0pp

-0.27%-4.0pp

-9.96%+5.7pp

Employer contribution / active EE

$4,085

$1,200+240.4%

$2,647+54.3%

$2,111+93.5%

Participant deferral / active EE

$4,999

$2,240+123.2%

$3,835+30.3%

$3,350+49.2%

Admin fee / account holder

$535

$537-0.4%

$4,848-89.0%

$521+2.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$27,684

ABD RETIREMENT SERVICES INC1 year

Filed as: ABD INSURANCE AND FINANCIAL SERVICE

Service code 53 · EIN 27-0673528

Insurance Commissions

$23,791

PINNACLE FINANCIAL SERVICES, INC.1 year

Filed as: PINNACLE FINANCIAL SERVICES

Service code 13 · EIN 59-2438373

Contract Administrator

$5,852

JUDY MADRIGAL & ASSOCIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JUDY MADRIGAL & 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