Retirement plan

LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P. 401(K) PLAN

Name: LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P. - LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P. 401(K) PLAN (2019) Form 5500
Creator: LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P. 401(K) PLAN, LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P.

LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P.EIN 95-4135006Plan #004PY 2019

15910 VENTURA BLVD., 18TH FLOOR - ENCINO, CA 91346818-501-4343LinkedIn51-200 employeeslegal services

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$17.2M

+19.4% from 2018

Total participants

159

-1.9% from 2018

Average account balance

$112,201

+23.3% from 2018

Annual return

21.43%

+23.47 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.08M

Not enough data

1 years with asset history on file

Average account balance

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

$154K

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.

143

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$840K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$95

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 6 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC3 years Service code 49	Other Services	$23,768
QBI, LLC2 years Filed as: QBI LLC Service code 49	Other Services	$14,345
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$4,861
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 49 · EIN 74-2794194	Other Services	$0
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857	Advisory (Participants)	$0
QBI, LLC5+ years Service code 49 · EIN 26-2768667 21031 VENTURA BLVD. · WOODLAND HILLS, CA 91364	Other Services	$0

Plan features & details

Pension benefit codes2E2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$37 / participant

Contract admin$5K100.0%

% of EOY assets

0.028%

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: SINGERLEWAK
Auditor EIN: 952302617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,201

$89,652+25.2%

$141,197-20.5%

$65,186+72.1%

Participation rate

95.5%

74.7%+20.8pp

82.5%+13.0pp

70.2%+25.3pp

Annual return

21.43%

32.79%-11.4pp

71.41%-50.0pp

29.39%-8.0pp

Employer contribution / active EE

$545

$3,065-82.2%

$4,736-88.5%

$2,177-75.0%

Participant deferral / active EE

$5,978

$5,691+5.0%

$6,710-10.9%

$3,514+70.1%

Admin fee / account holder

$32

$569-94.4%

$10,265-99.7%

$847-96.2%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC3 years

Service code 49

Other Services

$23,768

QBI, LLC2 years

Filed as: QBI LLC

Service code 49

Other Services

$14,345

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$4,861

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 49 · EIN 74-2794194

Other Services

MORNINGSTAR3 years

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 26 · EIN 36-2923857

Advisory (Participants)

QBI, LLC5+ years

Service code 49 · EIN 26-2768667

21031 VENTURA BLVD. · WOODLAND HILLS, CA 91364

Other Services

LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAW OFFICES OF PEARLMAN, BROWN & WAX, L.L.P. 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