Retirement plan

GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP 401(K) PROFIT SHARING PLAN FOR ASSOCIATES

Name: GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP - GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP 401(K) PROFIT SHARING PLAN FOR ASSOCIATES (2018) Form 5500
Creator: GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP 401(K) PROFIT SHARING PLAN FOR ASSOCIATES, GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP

GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLPEIN 95-2161045Plan #031PY 2018

1900 AVENUE OF THE STARS,, 21ST FLOOR - LOS ANGELES, CA 90067310-553-3610ggfirm.comLinkedIn1-10 employeeslaw practice

Other plans on this EIN

3 filings

#032Retirement-$74.2M assets #034Retirement-$1.4M assets #033Retirement--

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.8M

-4.1% from 2017

Total participants

0.0% from 2017

Average account balance

$95,382

-7.9% from 2017

Annual return

-15.96%

-28.10 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.07M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

178.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$455K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+6.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1862

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 codes2E2F2G2J2T3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$31K

$1047 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.659%

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

$95,382

$77,817+22.6%

$123,553-22.8%

$64,173+48.6%

Participation rate

93.3%

74.7%+18.6pp

82.3%+11.0pp

69.6%+23.8pp

Annual return

-15.96%

12.49%-28.4pp

119.21%-135.2pp

7.63%-23.6pp

Employer contribution / active EE

$6,279

$3,014+108.3%

$4,628+35.7%

$2,381+163.7%

Participant deferral / active EE

$14,410

$5,240+175.0%

$6,426+124.3%

$3,470+315.3%

Admin fee / account holder

$628

$5,519-88.6%

$9,284-93.2%

$4,887-87.1%

GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP 401(K) PROFIT SHARING PLAN FOR ASSOCIATES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENBERG GLUSKER FIELDS CLAMAN & MACHTINGER LLP 401(K) PROFIT SHARING PLAN FOR ASSOCIATES

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