Retirement plan

STEYER LOWENTHAL BOODROOKAS ALVAREZ & SMITH LLP

Name: STEYER LOWENTHAL BOODROOKAS - STEYER LOWENTHAL BOODROOKAS ALVAREZ & SMITH LLP (2024) Form 5500
Creator: STEYER LOWENTHAL BOODROOKAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEYER LOWENTHAL BOODROOKAS ALVAREZ & SMITH LLP, STEYER LOWENTHAL BOODROOKAS

STEYER LOWENTHAL BOODROOKASEIN 94-3187044Plan #001PY 2024

235 PINE ST 15TH FL - SAN FRANCISCO, CA 94104415-421-3400steyerlaw.comLinkedIn1-10 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$18.6M

+10.0% from 2023

Total participants

-14.8% from 2023

Average account balance

$845,258

+30.0% from 2023

Annual return

13.63%

-3.12 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

$18.60M

Not enough data

1 years with asset history on file

Average account balance

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

$845K

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.

157.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$607K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$55934

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 codes2F2G2T3D2E2J2R3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$1.2M

$87896 / participant

Other / not subdivided$1M100.0%

% of EOY assets

6.617%

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

$845,258

$160,040+428.2%

$147,096+474.6%

$145,877+479.4%

Participation rate

92.9%

84.0%+8.8pp

82.2%+10.7pp

80.3%+12.6pp

Annual return

13.63%

98.49%-84.9pp

419.75%-406.1pp

551.28%-537.7pp

Employer contribution / active EE

$18,022

$5,289+240.7%

$4,936+265.1%

$4,663+286.5%

Participant deferral / active EE

$25,308

$8,429+200.3%

$8,071+213.6%

$6,691+278.3%

Admin fee / account holder

$55,934

$15,050+271.7%

$13,005+330.1%

$13,402+317.3%

STEYER LOWENTHAL BOODROOKAS ALVAREZ & SMITH LLP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEYER LOWENTHAL BOODROOKAS ALVAREZ & SMITH LLP

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