Retirement plan

NOSSAMAN LLP PROFIT SHARING & RETIREMENT SAVINGS PLAN II

Name: NOSSAMAN LLP - NOSSAMAN LLP PROFIT SHARING & RETIREMENT SAVINGS PLAN II (2016) Form 5500
Creator: NOSSAMAN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOSSAMAN LLP PROFIT SHARING & RETIREMENT SAVINGS PLAN II, NOSSAMAN LLP

NOSSAMAN LLPEIN 95-2219542Plan #002PY 2016

777 SOUTH FIGUEROA STREET, 34TH FLOOR - LOS ANGELES, CA 90017213-612-7800nossaman.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$93.4M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$24.3M

+98.3% from 2015

Total participants

133

+4.7% from 2015

Average account balance

$192,762

+84.2% from 2015

Annual return

102.57%

+74.69 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.67M

Not enough data

1 years with asset history on file

Average account balance

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

$412K

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.

162

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+30.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$734

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
HKG LLP2+ years Service code 10 · EIN 95-4552788	Accounting	$9,356
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO. INC. Service code 33 · EIN 94-1737782	Shareholder servicing fees; Securitie...	$505
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$161 / participant

Investment mgmt$3K20.0%
Other / not subdivided$11K80.0%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HKG, LLP
Auditor EIN: 954552788
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$192,762

$76,551+151.8%

$123,894+55.6%

$62,881+206.6%

Participation rate

91.8%

73.0%+18.8pp

81.4%+10.4pp

69.3%+22.5pp

Annual return

102.57%

18.68%+83.9pp

47.52%+55.1pp

20.14%+82.4pp

Employer contribution / active EE

$2,882-100.0%

$4,617-100.0%

$2,281-100.0%

Participant deferral / active EE

$11,968

$4,840+147.3%

$5,984+100.0%

$3,203+273.7%

Admin fee / account holder

$109

$4,826-97.7%

$8,357-98.7%

$4,296-97.5%

Provider

Service type

Compensation

HKG LLP2+ years

Service code 10 · EIN 95-4552788

Accounting

$9,356

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO. INC.

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Securitie...

$505

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

NOSSAMAN LLP PROFIT SHARING & RETIREMENT SAVINGS PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOSSAMAN LLP PROFIT SHARING & RETIREMENT SAVINGS PLAN II

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