Retirement plan

LARSON FINANCIAL GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: LARSON FINANCIAL GROUP, LLC - LARSON FINANCIAL GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: LARSON FINANCIAL GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LARSON FINANCIAL GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST, LARSON FINANCIAL GROUP, LLC

LARSON FINANCIAL GROUP, LLCEIN 20-4773945Plan #001PY 2020

14567 NORTH OUTER 40, SUITE 300 - CHESTERFIELD, MO 63017314-787-7382larson.comLinkedIn51-200 employeesfinancial services

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$4.1M

+7.7% from 2019

Total participants

169

-3.4% from 2019

Average account balance

$26,172

+4.3% from 2019

Annual return

8.42%

-17.28 pp from 2019

Benchmarks

See 2,211 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,211 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.16M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

262

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.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Filed as: FUTUREPLAN Service code 15 · EIN 11-3665754	Recordkeeping	$4,700

Plan features & details

Pension benefit codes2E2F2T2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$44 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.114%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,172

$136,307-80.8%

$177,827-85.3%

$73,493-64.4%

Participation rate

89.7%

86.1%+3.6pp

87.7%+2.0pp

70.7%+19.0pp

Annual return

8.42%

18.68%-10.3pp

48.32%-39.9pp

28.51%-20.1pp

Employer contribution / active EE

$2,349

$3,712-36.7%

$5,918-60.3%

$2,270+3.5%

Participant deferral / active EE

$4,112

$5,829-29.5%

$7,713-46.7%

$3,740+9.9%

Admin fee / account holder

$30

$596-95.0%

$12,429-99.8%

$513-94.2%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Filed as: FUTUREPLAN

Service code 15 · EIN 11-3665754

Recordkeeping

$4,700

LARSON FINANCIAL GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LARSON FINANCIAL GROUP, LLC 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