Retirement plan

WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING PLAN

Name: WILLIAMSMCCARTHY LLP - WILLIAMSMCCARTHY LLP CASH OR DEFERRED PROFIT SHARING PLAN (2019) 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 2019

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

Other plans on this EIN

1 filing

#006Retirement-$6.8M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$16.4M

+11.5% from 2018

Total participants

+2.6% from 2018

Average account balance

$421,324

+8.6% from 2018

Annual return

20.84%

+26.72 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.33M

Not enough data

1 years with asset history on file

Average account balance

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

$678K

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.

130.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$716K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49135

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 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

$2.0M

$65094 / participant

Other / not subdivided$2M100.0%

% of EOY assets

12.281%

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

$421,324

$89,370+371.4%

$141,197+198.4%

$72,976+477.3%

Participation rate

100.0%

75.1%+24.9pp

82.5%+17.5pp

69.5%+30.5pp

Annual return

20.84%

111.88%-91.0pp

71.41%-50.6pp

81.02%-60.2pp

Employer contribution / active EE

$6,645

$3,115+113.3%

$4,736+40.3%

$2,440+172.3%

Participant deferral / active EE

$11,871

$5,419+119.1%

$6,710+76.9%

$3,608+229.0%

Admin fee / account holder

$51,742

$5,957+768.6%

$10,265+404.1%

$5,124+909.8%

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