Retirement plan

WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING PLAN

Name: WILLIAMSMCCARTHY LLP - WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING PLAN (2018) Form 5500
Creator: WILLIAMSMCCARTHY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING PLAN, WILLIAMSMCCARTHY LLP

WILLIAMSMCCARTHY LLPEIN 20-5568874Plan #002PY 2018

120 W STATE STREET - SUITE 400 - ROCKFORD, IL 61101815-987-8900wilmac.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#006Retirement-$5.6M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.7M

+150.0% from 2017

Total participants

+8.6% from 2017

Average account balance

$387,971

+123.7% from 2017

Annual return

-5.88%

-22.48 pp from 2017

Benchmarks

See 25,537 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,537 peers

Snapshot2018

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$21.67M

Not enough data

1 years with asset history on file

Average account balance

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

$747K

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.

116.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$744K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76052

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

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

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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 fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$824K

$24957 / participant

Other / not subdivided$824K100.0%

% of EOY assets

5.586%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$387,971

$77,813+398.6%

$123,544+214.0%

$64,186+504.5%

Participation rate

100.0%

74.7%+25.3pp

82.3%+17.7pp

69.6%+30.4pp

Annual return

-5.88%

12.48%-18.4pp

119.20%-125.1pp

7.63%-13.5pp

Employer contribution / active EE

$6,298

$3,014+109.0%

$4,628+36.1%

$2,381+164.5%

Participant deferral / active EE

$9,117

$5,240+74.0%

$6,426+41.9%

$3,470+162.8%

Admin fee / account holder

$21,674

$5,519+292.7%

$9,284+133.5%

$4,888+343.4%

WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING 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