Retirement plan

HIGIER ALLEN & LAUTIN, P.C. 401(K) PROFIT SHARING PLAN

Name: HIGIER ALLEN & LAUTIN, P.C. - HIGIER ALLEN & LAUTIN, P.C. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: HIGIER ALLEN & LAUTIN, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGIER ALLEN & LAUTIN, P.C. 401(K) PROFIT SHARING PLAN, HIGIER ALLEN & LAUTIN, P.C.

HIGIER ALLEN & LAUTIN, P.C.EIN 20-8991739Plan #002PY 2020

2711 N. HASKELL AVENUE, SUITE 2400 - DALLAS, TX 75204972-716-1888higierallen.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.5M

+21.9% from 2019

Total participants

+11.5% from 2019

Average account balance

$77,146

+11.7% from 2019

Annual return

16.10%

-7.95 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.96M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$369K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4074

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$148K

$2380 / participant

Other / not subdivided$148K100.0%

% of EOY assets

2.277%

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

$77,146

$98,776-21.9%

$149,745-48.5%

$79,856-3.4%

Participation rate

95.2%

75.8%+19.4pp

82.5%+12.7pp

69.6%+25.5pp

Annual return

16.10%

27.38%-11.3pp

276.72%-260.6pp

31.71%-15.6pp

Employer contribution / active EE

$1,763

$3,217-45.2%

$4,646-62.1%

$2,471-28.7%

Participant deferral / active EE

$5,593

$5,681-1.6%

$6,843-18.3%

$3,741+49.5%

Admin fee / account holder

$1,757

$6,053-71.0%

$9,312-81.1%

$5,306-66.9%

HIGIER ALLEN & LAUTIN, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGIER ALLEN & LAUTIN, P.C. 401(K) 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