Retirement plan

FISH & RICHARDSON ASSOCIATES' 401(K) PLAN

Name: FISH & RICHARDSON P.C. - FISH & RICHARDSON ASSOCIATES' 401(K) PLAN (2018) Form 5500
Creator: FISH & RICHARDSON P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISH & RICHARDSON ASSOCIATES' 401(K) PLAN, FISH & RICHARDSON P.C.

FISH & RICHARDSON P.C.EIN 04-3254521Plan #003PY 2018

3200 RBC PLAZA,, 60 SOUTH 6TH STREET - MINNEAPOLIS, MN 55402612-335-5070

Other plans on this EIN

2 filings

#001Retirement-$340.7M assets #004Retirement-$102.4M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$19.5M

-3.6% from 2016

Total participants

303

+16.1% from 2016

Average account balance

$66,690

+16.2% from 2016

Annual return

-18.69%

-5.02 pp from 2016

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.68M

Not enough data

1 years with asset history on file

Average account balance

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

$117K

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.

271

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+7.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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
MILLIMAN, INC.4+ years Filed as: MILLIMAN INC. Service code 15 · EIN 91-0675641	Recordkeeping	$23,359
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$2,502
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 21 · EIN 94-1737782	Bank Trustee	$0
CHARLES SCHWAB & CO., INC.4+ years Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$23K

$132 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.120%

all-in expense ratio

Categories reported

0 / 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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,690

$73,102-8.8%

$123,553-46.0%

$56,289+18.5%

Participation rate

94.4%

74.3%+20.0pp

82.3%+12.1pp

69.9%+24.5pp

Annual return

-18.69%

3.01%-21.7pp

119.21%-137.9pp

-9.96%-8.7pp

Employer contribution / active EE

$2,977-100.0%

$4,628-100.0%

$2,111-100.0%

Participant deferral / active EE

$13,875

$5,423+155.9%

$6,426+115.9%

$3,350+314.2%

Admin fee / account holder

$80

$554-85.6%

$9,284-99.1%

$521-84.7%

Provider

Service type

Compensation

MILLIMAN, INC.4+ years

Filed as: MILLIMAN INC.

Service code 15 · EIN 91-0675641

Recordkeeping

$23,359

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$2,502

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 21 · EIN 94-1737782

Bank Trustee

CHARLES SCHWAB & CO., INC.4+ years

Service code 19

Securities Custodian

FISH & RICHARDSON ASSOCIATES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISH & RICHARDSON ASSOCIATES' 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