Retirement plan

SHEEHAN PHINNEY BASS & GREEN PA PROFIT SHARING PLAN AND TRUST

Name: SHEEHAN PHINNEY BASS & GREEN PA - SHEEHAN PHINNEY BASS & GREEN PA PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: SHEEHAN PHINNEY BASS & GREEN PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHEEHAN PHINNEY BASS & GREEN PA PROFIT SHARING PLAN AND TRUST, SHEEHAN PHINNEY BASS & GREEN PA

SHEEHAN PHINNEY BASS & GREEN PAdba SHEEHAN PHINNEYEIN 02-0315777Plan #001PY 2024

1000 ELM STREET, PO BOX 3701 - MANCHESTER, NH 031053701603-668-0300sheehan.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$83.5M

+3.3% from 2023

Total participants

143

+2.9% from 2023

Average account balance

$600,551

-1.1% from 2023

Annual return

12.46%

-3.64 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$83.48M

Not enough data

1 years with asset history on file

Average account balance

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

$601K

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.

139

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+12.46%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$597

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$597

$5 / participant

Recordkeeping$29749.7%
Contract admin$30050.3%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: NATHAN WECHSLER & COMPANY, P.A.
Auditor EIN: 020327524
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$600,551

$101,653+490.8%

$147,080+308.3%

$74,459+706.5%

Participation rate

96.5%

75.6%+20.9pp

82.2%+14.3pp

67.2%+29.3pp

Annual return

12.46%

8754.98%-8742.5pp

420.17%-407.7pp

1369.70%-1357.2pp

Employer contribution / active EE

$16,228

$3,813+325.6%

$4,933+228.9%

$2,626+518.0%

Participant deferral / active EE

$15,580

$7,304+113.3%

$8,066+93.1%

$4,350+258.2%

Admin fee / account holder

$1,752-99.8%

$12,989-100.0%

$1,945-99.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$597

SHEEHAN PHINNEY BASS & GREEN PA PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHEEHAN PHINNEY BASS & GREEN PA PROFIT SHARING PLAN AND TRUST

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