Retirement plan

THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP. 401(K) PROFIT SHARING PLAN

Name: THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP. - THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP. 401(K) PROFIT SHARING PLAN, THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP.

THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP.EIN 95-4838755Plan #002PY 2024

30423 CANWOOD STREET, SUITE 130 - AGOURA HILLS, CA 91301818-992-6977LinkedIn1-10 employeeslegal services

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$466K

+1.1% from 2023

Total participants

+14.3% from 2023

Average account balance

$77,742

+1.1% from 2023

Annual return

1.10%

-18.36 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$466K

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 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

+1.10%

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

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$77,742

$160,040-51.4%

$147,096-47.1%

$145,877-46.7%

Participation rate

66.7%

84.0%-17.4pp

82.2%-15.5pp

80.3%-13.6pp

Annual return

1.10%

98.49%-97.4pp

419.75%-418.6pp

551.28%-550.2pp

Employer contribution / active EE

$5,289-100.0%

$4,936-100.0%

$4,663-100.0%

Participant deferral / active EE

$8,429-100.0%

$8,071-100.0%

$6,691-100.0%

Admin fee / account holder

$15,050-100.0%

$13,005-100.0%

$13,402-100.0%

THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE LAW OFFICES OF MARYANN P. GALLAGHER, A PROF. CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion