Retirement plan

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

Name: WOLF, GREENFIELD & SACKS, P.C. - WOLF, GREENFIELD & SACKS, P.C. 401(K) PLAN (2016) 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 2016

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$74.3M

+12.3% from 2015

Total participants

366

+10.6% from 2015

Average account balance

$227,153

+5.1% from 2015

Annual return

8.20%

+6.28 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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 3 by compensation

Provider	Service type	Compensation
FIDUCIARY INVESTMENT ADVISORS2+ years Service code 16 · EIN 20-4751585	Consulting	$37,500
MAYER HOFFMAN MCCANN P.C.2+ years Filed as: MAYER HOFFMAN MCCANN PC Service code 27 · EIN 43-1947695	Advisory (Plan)	$11,500
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS Service code 15 · EIN 01-0233346	Recordkeeping	$2,929

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$52K

$172 / participant

Contract admin$3K5.6%
Other / not subdivided$49K94.4%

% of EOY assets

0.070%

all-in expense ratio

Categories reported

1 / 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

$227,153

$80,177+183.3%

$123,894+83.3%

$57,658+294.0%

Participation rate

87.1%

74.4%+12.6pp

81.4%+5.7pp

70.2%+16.9pp

Annual return

8.20%

17.90%-9.7pp

47.52%-39.3pp

5.13%+3.1pp

Employer contribution / active EE

$7,907

$2,913+171.5%

$4,617+71.3%

$1,974+300.6%

Participant deferral / active EE

$8,536

$5,130+66.4%

$5,984+42.6%

$3,061+178.9%

Admin fee / account holder

$159

$106+49.4%

$8,357-98.1%

$95+68.0%

Provider

Service type

Compensation

FIDUCIARY INVESTMENT ADVISORS2+ years

Service code 16 · EIN 20-4751585

Consulting

$37,500

MAYER HOFFMAN MCCANN P.C.2+ years

Filed as: MAYER HOFFMAN MCCANN PC

Service code 27 · EIN 43-1947695

Advisory (Plan)

$11,500

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS

Service code 15 · EIN 01-0233346

Recordkeeping

$2,929

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