Retirement plan

ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN

Name: ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP - ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN (2023) Form 5500
Creator: ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN, ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP

ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLPEIN 95-3605309Plan #003PY 2023

865 SOUTH FIGUEROA STREET, SUITE 2800 - LOS ANGELES, CA 900712543213-622-5555LinkedIn11-50 employees

Other plans on this EIN

2 filings

#007Retirement-$12.2M assets #006Retirement-$647K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$279.8M

+15.1% from 2022

Total participants

544

+8.8% from 2022

Average account balance

$532,946

+7.2% from 2022

Annual return

19.10%

+31.22 pp from 2022

Benchmarks

See 3,240 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,240 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$303.17M

Not enough data

1 years with asset history on file

Average account balance

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

$533K

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.

569

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$378

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 10 by compensation

Provider	Service type	Compensation
CONQUIS FINANCIAL LLC2 years Service code 26 · EIN 87-4659168	Advisory (Participants)	$40,469
CORIENT PRIVATE WEALTH LLC1 year Service code 26 · EIN 88-0967642	Advisory (Participants)	$39,025
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$36,608
FISHER INVESTMENTS6 years Service code 26 · EIN 20-2480800	Advisory (Participants)	$25,626
PACIFICA CAPITAL1 year Filed as: PACIFICA CAPITAL INVESTMENTS Service code 26 · EIN 84-1452736	Advisory (Participants)	$23,803
LITMAN GREGORY WEALTH MGMT1 year Service code 26 · EIN 68-0362255	Advisory (Participants)	$11,918
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY GLOBAL Service code 28 · EIN 26-4310632	Investment Management	$10,275
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT SERVICE Service code 26 · EIN 36-4410122	Advisory (Participants)	$8,276
CHARLES SCHWAB & CO., INC.9+ years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Direct pa...	$1,351
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$210K

$526 / participant

Investment mgmt$169K80.3%
Contract admin$41K19.7%

% of EOY assets

0.075%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: LUCAS HORSFALL MURPHY&PINDROH LLP
Auditor EIN: 954659692
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$532,946

$95,274+459.4%

$135,903+292.2%

$74,419+616.1%

Participation rate

95.3%

78.2%+17.1pp

81.9%+13.3pp

70.7%+24.5pp

Annual return

19.10%

32.77%-13.7pp

68.23%-49.1pp

34.38%-15.3pp

Employer contribution / active EE

$14,653

$3,874+278.2%

$4,856+201.7%

$2,637+455.6%

Participant deferral / active EE

$16,379

$7,782+110.5%

$7,758+111.1%

$4,528+261.7%

Admin fee / account holder

$401

$266+50.5%

$10,762-96.3%

$348+15.2%

Provider

Service type

Compensation

CONQUIS FINANCIAL LLC2 years

Service code 26 · EIN 87-4659168

Advisory (Participants)

$40,469

CORIENT PRIVATE WEALTH LLC1 year

Service code 26 · EIN 88-0967642

Advisory (Participants)

$39,025

CHARLES SCHWAB & CO., INC.4 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$36,608

FISHER INVESTMENTS6 years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$25,626

PACIFICA CAPITAL1 year

Filed as: PACIFICA CAPITAL INVESTMENTS

Service code 26 · EIN 84-1452736

Advisory (Participants)

$23,803

LITMAN GREGORY WEALTH MGMT1 year

Service code 26 · EIN 68-0362255

Advisory (Participants)

$11,918

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY GLOBAL

Service code 28 · EIN 26-4310632

Investment Management

$10,275

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT SERVICE

Service code 26 · EIN 36-4410122

Advisory (Participants)

$8,276

CHARLES SCHWAB & CO., INC.9+ years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Direct pa...

$1,351

CHARLES SCHWAB & CO., INC.1 year

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

Service code 59

Shareholder Servicing

ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLEN MATKINS PROFIT SHARING AND 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