Retirement plan

YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS PROFIT SHARING PLAN

Name: YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS - YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS PROFIT SHARING PLAN (2019) Form 5500
Creator: YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS PROFIT SHARING PLAN, YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS

YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTSEIN 95-2744454Plan #001PY 2019

6711 KATELLA AVENUE, 2ND FLOOR - CYPRESS, CA 90630714-503-6212LinkedIn1-10 employeesaccounting

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+16.5% from 2018

Total participants

+10.0% from 2018

Average account balance

$169,041

+5.9% from 2018

Annual return

13.02%

+18.94 pp from 2018

Benchmarks

See 119,358 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,358 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$257K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+7.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3104

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 codes2E2J2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$41K

$3690 / participant

Other / not subdivided$41K100.0%

% of EOY assets

2.183%

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

$169,041

$157,276+7.5%

$141,177+19.7%

$152,885+10.6%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

13.02%

64.33%-51.3pp

71.40%-58.4pp

345.39%-332.4pp

Employer contribution / active EE

$2,653

$5,262-49.6%

$4,736-44.0%

$4,763-44.3%

Participant deferral / active EE

$4,873

$7,110-31.5%

$6,710-27.4%

$5,851-16.7%

Admin fee / account holder

$3,690

$12,123-69.6%

$10,263-64.0%

$11,598-68.2%

YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YAP & LITTLE, INC., CERTIFIED PUBLIC ACCOUNTANTS PROFIT SHARING 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