Retirement plan

MCKENNON SHELTON & HENN LLP PROFIT SHARING & 401(K SAVINGS PLAN

Name: MCKENNON SHELTON & HENN LLP - MCKENNON SHELTON & HENN LLP PROFIT SHARING & 401(K SAVINGS PLAN (2016) Form 5500
Creator: MCKENNON SHELTON & HENN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCKENNON SHELTON & HENN LLP PROFIT SHARING & 401(K SAVINGS PLAN, MCKENNON SHELTON & HENN LLP

MCKENNON SHELTON & HENN LLPEIN 03-0462698Plan #001PY 2016

401 EAST PRATT STREET, SUITE 2600 - BALTIMORE, MD 21202410-843-3500mshllp.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$258K assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$8.1M

+11.3% from 2015

Total participants

+5.0% from 2015

Average account balance

$387,910

+6.0% from 2015

Annual return

7.33%

+6.97 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.86M

Not enough data

1 years with asset history on file

Average account balance

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

$327K

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

$473K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$39K

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63228

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 codes2E2G2J3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$706

$54 / participant

Other / not subdivided$706100.0%

% of EOY assets

0.009%

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

$387,910

$135,956+185.3%

$123,894+213.1%

$273,972+41.6%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

7.33%

56.63%-49.3pp

47.52%-40.2pp

41.46%-34.1pp

Employer contribution / active EE

$14,553

$5,170+181.5%

$4,617+215.2%

$4,869+198.9%

Participant deferral / active EE

$7,671

$6,343+20.9%

$5,984+28.2%

$5,287+45.1%

Admin fee / account holder

$34

$9,817-99.7%

$8,357-99.6%

$10,133-99.7%

MCKENNON SHELTON & HENN LLP PROFIT SHARING & 401(K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCKENNON SHELTON & HENN LLP PROFIT SHARING & 401(K SAVINGS 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