Retirement plan

NADEL CPA'S, A PROFESSIONAL CORPORATION 401(K) PLAN

Name: NADEL CPA'S, A PROFESSIONAL CORPORATION - NADEL CPA'S, A PROFESSIONAL CORPORATION 401(K) PLAN (2019) Form 5500
Creator: NADEL CPA'S, A PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NADEL CPA'S, A PROFESSIONAL CORPORATION 401(K) PLAN, NADEL CPA'S, A PROFESSIONAL CORPORATION

NADEL CPA'S, A PROFESSIONAL CORPORATIONEIN 95-4610330Plan #001PY 2019

16133 VENTURA BLVD. SUITE 955 - ENCINO, CA 91436818-986-4686

Other plans on this EIN

2 filings

#002Retirement-$1.1M assets #003Retirement-$95K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+19.3% from 2018

Total participants

+33.3% from 2018

Average account balance

$162,326

-2.4% from 2018

Annual return

11.91%

+14.74 pp from 2018

Benchmarks

See 119,339 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,339 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.08M

Not enough data

1 years with asset history on file

Average account balance

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

$269K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+14.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2750

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 codes2G2J2R3D

Plan features

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.
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

$14K

$1571 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.792%

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

$162,326

$157,296+3.2%

$141,191+15.0%

$152,897+6.2%

Participation rate

88.9%

84.8%+4.1pp

82.5%+6.4pp

Annual return

11.91%

64.34%-52.4pp

71.41%-59.5pp

345.43%-333.5pp

Employer contribution / active EE

$3,612

$5,262-31.4%

$4,736-23.7%

$4,764-24.2%

Participant deferral / active EE

$8,622

$7,111+21.3%

$6,710+28.5%

$5,851+47.4%

Admin fee / account holder

$1,286

$12,125-89.4%

$10,264-87.5%

$11,599-88.9%

NADEL CPA'S, A PROFESSIONAL CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NADEL CPA'S, A PROFESSIONAL CORPORATION 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