Retirement plan

WESLEY, MCGRAIL AND WESLEY, P.L.L.C. RETIREMENT PLAN

Name: WESLEY, MCGRAIL AND WESLEY, P.L.L.C. - WESLEY, MCGRAIL AND WESLEY, P.L.L.C. RETIREMENT PLAN (2018) Form 5500
Creator: WESLEY, MCGRAIL AND WESLEY, P.L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESLEY, MCGRAIL AND WESLEY, P.L.L.C. RETIREMENT PLAN, WESLEY, MCGRAIL AND WESLEY, P.L.L.C.

WESLEY, MCGRAIL AND WESLEY, P.L.L.C.EIN 20-4067960Plan #001PY 2018

88 EGLIN PARKWAY, NE - FORT WALTON BEACH, FL 32548850-244-0999LinkedIn11-50 employeeslegal services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+9.0% from 2017

Total participants

0.0% from 2017

Average account balance

$122,903

+9.0% from 2017

Annual return

-2.41%

-22.45 pp from 2017

Benchmarks

See 116,757 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,757 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.21M

Not enough data

1 years with asset history on file

Average account balance

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

$316K

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.

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64128

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$25K

$2234 / participant

Other / not subdivided$25K100.0%

% of EOY assets

2.000%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,903

$138,075-11.0%

$123,552-0.5%

$135,379-9.2%

Participation rate

90.9%

84.7%+6.2pp

82.3%+8.6pp

82.6%+8.3pp

Annual return

-2.41%

153.70%-156.1pp

119.20%-121.6pp

519.79%-522.2pp

Employer contribution / active EE

$3,198

$5,152-37.9%

$4,628-30.9%

$4,779-33.1%

Participant deferral / active EE

$9,757

$6,800+43.5%

$6,426+51.8%

$5,609+74.0%

Admin fee / account holder

$2,458

$10,917-77.5%

$9,285-73.5%

$10,828-77.3%

WESLEY, MCGRAIL AND WESLEY, P.L.L.C. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESLEY, MCGRAIL AND WESLEY, P.L.L.C. RETIREMENT 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