Retirement plan

LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. 401K PLAN

Name: LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. - LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. 401K PLAN (2023) Form 5500
Creator: LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. 401K PLAN, LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.

LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.EIN 95-4536070Plan #002PY 2023

2818 LA CIENEGA AVENUE - LOS ANGELES, CA 90034310-229-1234lnbyg.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$18.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+19.4% from 2022

Total participants

+11.8% from 2022

Average account balance

$126,385

-70.1% from 2022

Annual return

14.17%

+31.75 pp from 2022

Benchmarks

See 139,910 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,910 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.34M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

138.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$104K

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

+12.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2935

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 codes2E2F2G2J3D

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.
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

1 tripped

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

$17K

$1210 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.838%

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

$126,385

$148,558-14.9%

$135,925-7.0%

$139,427-9.4%

Participation rate

78.6%

83.9%-5.3pp

81.9%-3.3pp

80.3%-1.8pp

Annual return

14.17%

79.22%-65.1pp

68.25%-54.1pp

373.27%-359.1pp

Employer contribution / active EE

$6,846

$5,244+30.6%

$4,857+40.9%

$4,752+44.1%

Participant deferral / active EE

$8,101-100.0%

$7,759-100.0%

$6,711-100.0%

Admin fee / account holder

$1,059

$12,401-91.5%

$10,764-90.2%

$11,404-90.7%

LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. 401K 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