Retirement plan

FLETCHER TILTON PC PROFIT SHARING PLAN AND TRUST

Name: FLETCHER TILTON PC - FLETCHER TILTON PC PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: FLETCHER TILTON PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLETCHER TILTON PC PROFIT SHARING PLAN AND TRUST, FLETCHER TILTON PC

FLETCHER TILTON PCEIN 04-2628601Plan #001PY 2024

100 FRONT STREET, 5TH FLOOR - WORCESTER, MA 01608508-798-8621

Prospect flagsHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$38.6M

+10.6% from 2023

Total participants

130

-5.8% from 2023

Average account balance

$329,898

+6.8% from 2023

Annual return

13.94%

-2.00 pp from 2023

Benchmarks

See 28,939 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,939 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$42.99M

Not enough data

1 years with asset history on file

Average account balance

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

$307K

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.

140

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.

89.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
BDO USA, LLP1 year Filed as: BDO Service code 10 · EIN 13-5381590	Accounting	$32,684
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840	Other Commissions	$23,245
MORGAN STANLEY SMITH BARNEY1 year Service code 55 · EIN 26-4310632	Other Commissions	$18,734
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY INV INST OPERATIONS Service code 37 · EIN 04-2647786	Loan Processing	$11,419

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$21K

$231 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.055%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: $32,704
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$329,898

$102,317+222.4%

$146,958+124.5%

$80,856+308.0%

Participation rate

85.9%

75.8%+10.0pp

82.2%+3.7pp

67.6%+18.2pp

Annual return

13.94%

134.76%-120.8pp

418.34%-404.4pp

35.59%-21.7pp

Employer contribution / active EE

$6,920

$3,713+86.4%

$4,933+40.3%

$2,755+151.2%

Participant deferral / active EE

$9,004

$6,644+35.5%

$8,070+11.6%

$4,296+109.6%

Admin fee / account holder

$182

$7,941-97.7%

$12,998-98.6%

$6,918-97.4%

Provider

Service type

Compensation

BDO USA, LLP1 year

Filed as: BDO

Service code 10 · EIN 13-5381590

Accounting

$32,684

WELLS FARGO BANK, N.A.4 years

Filed as: WELLS FARGO CLEARING SERVICES LLC

Service code 55 · EIN 23-2384840

Other Commissions

$23,245

MORGAN STANLEY SMITH BARNEY1 year

Service code 55 · EIN 26-4310632

Other Commissions

$18,734

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY INV INST OPERATIONS

Service code 37 · EIN 04-2647786

Loan Processing

$11,419

FLETCHER TILTON PC PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLETCHER TILTON PC 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