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 (2022) 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 2022

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

Other plans on this EIN

2 filings

#002Retirement-$153.6M assets #004Retirement-$22.9M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$12.1M

-17.9% from 2021

Total participants

267

+85.4% from 2021

Average account balance

$114,159

-22.5% from 2021

Annual return

-17.74%

-30.78 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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 2 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.1 year Service code 15 · EIN 91-0675641	Recordkeeping	$4,546
MATRIX TRUST COMPANY4 years Service code 19 · EIN 75-3182674	Securities Custodian	$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

$12K

$54 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.100%

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 PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$114,159

$84,499+35.1%

$125,391-9.0%

$66,949+70.5%

Participation rate

27.5%

76.4%-48.9pp

82.4%-54.9pp

69.8%-42.3pp

Annual return

-17.74%

-8.49%-9.2pp

572.41%-590.2pp

1.57%-19.3pp

Employer contribution / active EE

$3,554-100.0%

$4,816-100.0%

$2,545-100.0%

Participant deferral / active EE

$5,101

$6,785-24.8%

$7,448-31.5%

$4,239+20.3%

Admin fee / account holder

$114

$685-83.4%

$10,009-98.9%

$594-80.9%

Provider

Service type

Compensation

MILLIMAN, INC.1 year

Service code 15 · EIN 91-0675641

Recordkeeping

$4,546

MATRIX TRUST COMPANY4 years

Service code 19 · EIN 75-3182674

Securities Custodian

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