Retirement plan

PROCOPIO CORY HARGREAVES & SAVITCH LLP NONPARTNER ATTORNEY 401(K) PLAN

Name: PROCOPIO, CORY, HARGREAVES & SAVITCH LLP - PROCOPIO CORY HARGREAVES & SAVITCH LLP NONPARTNER ATTORNEY 401(K) PLAN (2024) Form 5500
Creator: PROCOPIO, CORY, HARGREAVES & SAVITCH LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROCOPIO CORY HARGREAVES & SAVITCH LLP NONPARTNER ATTORNEY 401(K) PLAN, PROCOPIO, CORY, HARGREAVES & SAVITCH LLP

PROCOPIO, CORY, HARGREAVES & SAVITCH LLPEIN 95-1634364Plan #003PY 2024

525 B STREET, SUITE 2200 - SAN DIEGO, CA 92101619-525-3816procopio.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$182.6M assets #004Retirement-$28.8M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$21.2M

+52.4% from 2023

Total participants

218

-56.9% from 2023

Average account balance

$203,887

+50.9% from 2023

Annual return

53.42%

+43.19 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.20M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

104

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.

36.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$959K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+53.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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
MATRIX TRUST COMPANY6 years Service code 19 · EIN 75-3182674	Securities Custodian	$7,852
GRP FINANCIAL2 years Service code 27 4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903	Advisory (Plan)	$5,000
MILLIMAN, INC.3 years Service code 15 · EIN 91-0675641	Recordkeeping	$223

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$14K

$77 / participant

Recordkeeping$2231.6%
Trustee / custodial$8K57.2%
Investment mgmt$5K36.4%
Other / not subdivided$6554.8%

% of EOY assets

0.065%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$203,887

$101,653+100.6%

$147,080+38.6%

$74,459+173.8%

Participation rate

36.3%

75.6%-39.2pp

82.2%-45.9pp

67.2%-30.9pp

Annual return

53.42%

8754.98%-8701.6pp

420.17%-366.7pp

1369.70%-1316.3pp

Employer contribution / active EE

$3,813-100.0%

$4,933-100.0%

$2,626-100.0%

Participant deferral / active EE

$5,360

$7,304-26.6%

$8,066-33.6%

$4,350+23.2%

Admin fee / account holder

$132

$1,752-92.5%

$12,989-99.0%

$1,945-93.2%

Provider

Service type

Compensation

MATRIX TRUST COMPANY6 years

Service code 19 · EIN 75-3182674

Securities Custodian

$7,852

GRP FINANCIAL2 years

Service code 27

4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903

Advisory (Plan)

$5,000

MILLIMAN, INC.3 years

Service code 15 · EIN 91-0675641

Recordkeeping

$223

PROCOPIO CORY HARGREAVES & SAVITCH LLP NONPARTNER ATTORNEY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROCOPIO CORY HARGREAVES & SAVITCH LLP NONPARTNER ATTORNEY 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