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 (2020) 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 2020

525 B STREET, SUITE 2200 - SAN DIEGO, CA 92101619-238-1900procopio.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$144.5M assets #004Retirement-$15.7M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$13M

+38.5% from 2019

Total participants

135

0.0% from 2019

Average account balance

$146,558

+47.9% from 2019

Annual return

40.68%

+23.41 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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 4 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO2 years Filed as: ONEAMERICA RETIREMENT SERVICES Service code 15 · EIN 46-5378846	Recordkeeping	$10,812
MATRIX TRUST COMPANY2 years Service code 18	Custodial (other than securities); Cu...	$0
MATRIX TRUST COMPANY2 years Filed as: MG TRUST COMPANY DBA MATRIX TRUST C Service code 15 · EIN 75-3182674	Recordkeeping	$0
MATRIX TRUST COMPANY2 years Filed as: MSCS FINANCIAL SERVICES DIVISION OF Service code 50	Direct Payment	$0

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

$21K

$202 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.161%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$146,558

$99,957+46.6%

$149,745-2.1%

$73,497+99.4%

Participation rate

55.8%

75.7%-19.9pp

82.5%-26.7pp

70.7%-14.9pp

Annual return

40.68%

53.87%-13.2pp

276.72%-236.0pp

28.51%+12.2pp

Employer contribution / active EE

$3,191-100.0%

$4,646-100.0%

$2,270-100.0%

Participant deferral / active EE

$9,826

$6,073+61.8%

$6,843+43.6%

$3,740+162.7%

Admin fee / account holder

$236

$551-57.1%

$9,312-97.5%

$513-53.9%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO2 years

Filed as: ONEAMERICA RETIREMENT SERVICES

Service code 15 · EIN 46-5378846

Recordkeeping

$10,812

MATRIX TRUST COMPANY2 years

Service code 18

Custodial (other than securities); Cu...

MATRIX TRUST COMPANY2 years

Filed as: MG TRUST COMPANY DBA MATRIX TRUST C

Service code 15 · EIN 75-3182674

Recordkeeping

MATRIX TRUST COMPANY2 years

Filed as: MSCS FINANCIAL SERVICES DIVISION OF

Service code 50

Direct Payment

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