Retirement plan

GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP 401(K) PLAN

Name: GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP - GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP 401(K) PLAN (2021) Form 5500
Creator: GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP 401(K) PLAN, GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP

GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLPEIN 95-4156414Plan #004PY 2021

10250 CONSTELLATION BLVD., 19TH FLOOR - LOS ANGELES, CA 900676219310-553-3000LinkedIn51-200 employeeslegal services

Other plans on this EIN

1 filing

#002Retirement-$22.1M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$19.4M

+14.2% from 2020

Total participants

109

+4.8% from 2020

Average account balance

$208,186

+9.3% from 2020

Annual return

14.33%

-2.15 pp from 2020

Benchmarks

See 27,000 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,000 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-103.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840	Advisory (Plan)	$29,947
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$14,200

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D2R

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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

Expense breakdown

Schedule H Part II

Admin total

$44K

$622 / participant

Investment mgmt$320.1%
Other / not subdivided$44K99.9%

% of EOY assets

0.228%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$208,186

$105,210+97.9%

$159,487+30.5%

$85,851+142.5%

Participation rate

77.5%

75.8%+1.7pp

82.8%-5.4pp

69.3%+8.1pp

Annual return

14.33%

45.08%-30.8pp

263.71%-249.4pp

318.63%-304.3pp

Employer contribution / active EE

$3,319-100.0%

$4,831-100.0%

$2,565-100.0%

Participant deferral / active EE

$12,440

$5,946+109.2%

$7,354+69.2%

$3,952+214.8%

Admin fee / account holder

$475

$6,934-93.2%

$10,804-95.6%

$6,261-92.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SERVICES LLC

Service code 27 · EIN 23-2384840

Advisory (Plan)

$29,947

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$14,200

GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLASER, WEIL, FINK, HOWARD, AVCHEN & SHAPIRO, LLP 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