Retirement plan

ERICH JOSEPHS EMPLOYEES M-P PENSION PLAN

Name: ERICH JOSEPHS - ERICH JOSEPHS EMPLOYEES M-P PENSION PLAN (2024) Form 5500
Creator: ERICH JOSEPHS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERICH JOSEPHS EMPLOYEES M-P PENSION PLAN, ERICH JOSEPHS

ERICH JOSEPHSdba ERICH JOSEPHS CPAEIN 95-6390385Plan #002PY 2024

5555 E EL CEDRAL ST - LONG BEACH, CA 908154113562-625-7707

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.6M

+8.2% from 2023

Total participants

0.0% from 2023

Average account balance

No prior year

Annual return

13.31%

+2.11 pp from 2023

Benchmarks

See 103 peers

Peer group

Industryany (size+type match)

Plan typeDB + DC

Participants<25

Cohort103 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.58M

Not enough data

1 years with asset history on file

Average account balance

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

$1.8M

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

0 years with headcount on file

Eligible Participants and Participation

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

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.31%

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 codes1A2A

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$215K

$107500 / participant

Other / not subdivided$215K100.0%

% of EOY assets

6.010%

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

$468,795-100.0%

$468,815-100.0%

$468,795-100.0%

Participation rate

0.0%

85.1%-85.1pp

85.7%-85.7pp

85.1%-85.1pp

Annual return

13.31%

39.95%-26.6pp

6.47%+6.8pp

39.95%-26.6pp

Employer contribution / active EE

$23,048

$28,085-17.9%

$45,376-49.2%

$28,085-17.9%

Participant deferral / active EE

$10,110-100.0%

$6,698-100.0%

$10,110-100.0%

Admin fee / account holder

$8,110-100.0%

$10,236-100.0%

$8,110-100.0%

ERICH JOSEPHS EMPLOYEES M-P PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERICH JOSEPHS EMPLOYEES M-P PENSION 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