Retirement plan

PARKS AND BRAXTON, P.A. 401(K) SAFE-HARBOR PLAN

Name: PARKS AND BRAXTON, P.A. - PARKS AND BRAXTON, P.A. 401(K) SAFE-HARBOR PLAN (2016) Form 5500
Creator: PARKS AND BRAXTON, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARKS AND BRAXTON, P.A. 401(K) SAFE-HARBOR PLAN, PARKS AND BRAXTON, P.A.

PARKS AND BRAXTON, P.A.EIN 22-3742040Plan #002PY 2016

1041 IVES DAIRY ROAD, SUITE 137 - MIAMI, FL 33179305-655-2900parksandbraxton.comLinkedIn1-10 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$162K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$162K

+124.2% from 2015

Total participants

+33.3% from 2015

Average account balance

$40,609

+68.2% from 2015

Annual return

7.79%

+7.79 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.76M

Not enough data

1 years with asset history on file

Average account balance

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

$352K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$145K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+17.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2099

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 codes2J

Plan features

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$756

$252 / participant

Other / not subdivided$756100.0%

% of EOY assets

0.465%

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

$40,609

$135,956-70.1%

$123,894-67.2%

$273,972-85.2%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

7.79%

56.63%-48.8pp

47.52%-39.7pp

41.46%-33.7pp

Employer contribution / active EE

$15,640

$5,170+202.5%

$4,617+238.8%

$4,869+221.2%

Participant deferral / active EE

$12,477

$6,343+96.7%

$5,984+108.5%

$5,287+136.0%

Admin fee / account holder

$189

$9,817-98.1%

$8,357-97.7%

$10,133-98.1%

PARKS AND BRAXTON, P.A. 401(K) SAFE-HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARKS AND BRAXTON, P.A. 401(K) SAFE-HARBOR 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