Retirement plan

WOLF, GREENFIELD & SACKS, P.C. 401(K) PLAN

Name: WOLF, GREENFIELD & SACKS, P.C. - WOLF, GREENFIELD & SACKS, P.C. 401(K) PLAN (2015) Form 5500
Creator: WOLF, GREENFIELD & SACKS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOLF, GREENFIELD & SACKS, P.C. 401(K) PLAN, WOLF, GREENFIELD & SACKS, P.C.

WOLF, GREENFIELD & SACKS, P.C.EIN 04-2613631Plan #004PY 2015

600 ATLANTIC AVENUE - BOSTON, MA 02110617-720-3500wolfgreenfield.comLinkedIn201-500 employeeslaw practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$66.1M

No prior year

Total participants

331

No prior year

Average account balance

$216,083

No prior year

Annual return

1.91%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$213.19M

Not enough data

1 years with asset history on file

Average account balance

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

$358K

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.

595

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

$11.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+15.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$434

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 4 by compensation

Provider	Service type	Compensation
FIDUCIARY INVESTMENT ADVISORS1+ years Service code 16 · EIN 20-4751585	Consulting	$31,814
MAYER HOFFMAN MCCANN P.C.1+ years Filed as: MAYER HOFFMAN MCCANN PC Service code 27 · EIN 43-1947695	Advisory (Plan)	$11,300
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS Service code 15 · EIN 01-0233346	Recordkeeping	$9,205
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 15 · EIN 52-2206685	Recordkeeping	$3,906

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$58K

$229 / participant

Investment mgmt$2K2.9%
Contract admin$13K22.6%
Other / not subdivided$43K74.5%

% of EOY assets

0.088%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$216,083

$88,324+144.6%

$115,038+87.8%

$55,191+291.5%

Participation rate

90.1%

72.5%+17.6pp

81.4%+8.8pp

69.2%+21.0pp

Annual return

1.91%

6.30%-4.4pp

26.14%-24.2pp

10.78%-8.9pp

Employer contribution / active EE

$9,331

$2,805+232.7%

$4,608+102.5%

$1,899+391.4%

Participant deferral / active EE

$9,337

$5,042+85.2%

$6,026+54.9%

$3,046+206.5%

Admin fee / account holder

$189

$105+79.5%

$8,175-97.7%

$91+108.4%

Provider

Service type

Compensation

FIDUCIARY INVESTMENT ADVISORS1+ years

Service code 16 · EIN 20-4751585

Consulting

$31,814

MAYER HOFFMAN MCCANN P.C.1+ years

Filed as: MAYER HOFFMAN MCCANN PC

Service code 27 · EIN 43-1947695

Advisory (Plan)

$11,300

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS

Service code 15 · EIN 01-0233346

Recordkeeping

$9,205

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT

Service code 15 · EIN 52-2206685

Recordkeeping

$3,906

WOLF, GREENFIELD & SACKS, P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOLF, GREENFIELD & SACKS, P.C. 401(K) 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