Benchmarking J & B Importers, Inc., Retirement/ Profit Sharing Plan in Miami, FL against all plans
J & B Importers, Inc., Retirement/ Profit Sharing Plan in Miami, FL paid the 6th-highest professional fees ($8,997) of the 90 plans in Miami, FL. Those $8,997 compare to an average of $1,737 across the 90 plans.
Visualize
Peers
better than Bella Automotive Group Limited 401(K) Plan in Miami, FL ($46,876), Coastal Construction Group 401(K) Plan in Miami, FL ($29,637), Tissue Tech, Inc. 401(K) Profit Sharing Plan & Trust in Miami, FL ($20,057), and Williamson Cadillac Employees' Retirement Plan and Trust in Miami, FL ($16,744), and 1 other.
exceeded Spanish Broadcasting System 401(K) Plan in Miami, FL ($6,756), Allied Universal Corporation 401(K) Retirement Pla in Miami, FL ($5,000), Helm Bank USA 401(K) Plan in Miami, FL ($1,625), and Ecu Worldwide 401(K) Plan in Miami, FL ($1,485), and 80 others, ending with Iata U.S. Group Retirement Plan in Miami, FL ($0).
exceeded Spanish Broadcasting System 401(K) Plan in Miami, FL ($6,756), Allied Universal Corporation 401(K) Retirement Pla in Miami, FL ($5,000), Helm Bank USA 401(K) Plan in Miami, FL ($1,625), and Ecu Worldwide 401(K) Plan in Miami, FL ($1,485), and 80 others, ending with Iata U.S. Group Retirement Plan in Miami, FL ($0).
References
- in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- professional fees. Lower values are better. From Line 2i(1), Schedule H. Includes the total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) by the plan for outside accounting, actuarial, legal, and valuation/appraisal services. Includes fees for the annual audit of the plan by an independent qualified public accountant (IQPA); for payroll audits; for accounting/bookkeeping services; for actuarial services rendered to the plan; and to a lawyer for rendering legal opinions, litigation, and advice (but not for providing legal services as a benefit to plan participants). Reports fees and expenses for corporate trustees and individual plan trustees, including reimbursement of expenses associated with trustees, such as lost time, seminars, travel, meetings, etc. Includes the fee(s) for valuations or appraisals to determine the cost, quality, or value of an item such as real property, personal property (gemstones, coins, etc.), and for valuations of closely held securities for which there is no ready market. Does not include amounts paid to plan employees to perform bookkeeping/accounting functions that should be included in line 2i(4). A missing entry from the Schedule H is here assigned a value of $0. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.