Retirement plan

GOULSTON & STORRS ASSOCIATES 401(K) PROFIT SHARING PLAN AND TRUST

Name: GOULSTON & STORRS PC - GOULSTON & STORRS ASSOCIATES 401(K) PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: GOULSTON & STORRS PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOULSTON & STORRS ASSOCIATES 401(K) PROFIT SHARING PLAN AND TRUST, GOULSTON & STORRS PC

GOULSTON & STORRS PCEIN 04-2738098Plan #006PY 2017

400 ATLANTIC AVENUE - BOSTON, MA 02110617-574-4080goulstonstorrs.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$181.3M assets #007Retirement-$26.4M assets

Prospect flagsLow returnsLow employer contribution

How to read this page

Total assets (EOY)

$9.6M

-18.1% from 2017

Total participants

125

0.0% from 2017

Average account balance

$77,634

-11.6% from 2017

Annual return

10.89%

-13.57 pp from 2017

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.09M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

144

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+4.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$348

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
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004	Advisory (Plan)	$5,320
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INSUR CO Service code 15 · EIN 84-0467907	Recordkeeping	$4,255
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J3H2T

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$97 / participant

Investment mgmt$5K67.8%
Other / not subdivided$3K32.2%

% of EOY assets

0.082%

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, P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,634

$85,766-9.5%

$136,298-43.0%

$70,126+10.7%

Participation rate

98.8%

74.2%+24.6pp

81.9%+16.8pp

69.5%+29.2pp

Annual return

10.89%

31.46%-20.6pp

5156.27%-5145.4pp

73.15%-62.3pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,343-100.0%

Participant deferral / active EE

$15,845

$5,051+213.7%

$6,247+153.6%

$3,332+375.6%

Admin fee / account holder

$63

$5,421-98.8%

$9,244-99.3%

$4,646-98.6%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 27

1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004

Advisory (Plan)

$5,320

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INSUR CO

Service code 15 · EIN 84-0467907

Recordkeeping

$4,255

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 15

Recordkeeping

GOULSTON & STORRS ASSOCIATES 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOULSTON & STORRS ASSOCIATES 401(K) 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