Retirement plan

WALLACE ROBERTS & TODD, L.L.C. 401(K) PLAN

Name: WALLACE, ROBERTS & TODD, L.L.C. - WALLACE ROBERTS & TODD, L.L.C. 401(K) PLAN (2017) Form 5500
Creator: WALLACE, ROBERTS & TODD, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALLACE ROBERTS & TODD, L.L.C. 401(K) PLAN, WALLACE, ROBERTS & TODD, L.L.C.

WALLACE, ROBERTS & TODD, L.L.C.EIN 23-1615241Plan #001PY 2017

1700 MARKET STREET 28TH FLOOR - PHILADELPHIA, PA 19103215-732-5215

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$16M

+1.6% from 2016

Total participants

175

-4.4% from 2016

Average account balance

$102,592

+6.2% from 2016

Annual return

17.91%

+10.21 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.56M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

196

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.

78.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$926K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$339

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3+ years Service code 10 315 DEADERICK ST 5TH FL · NASHVILLE, TN 37238	Accounting	$40,535
MORISON COGEN LLP3+ years Service code 10 484 NORRISTOWN RD STE 100 · BLUE BELL, PA 19422	Accounting	$10,000
EMJAY CORPORATION3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$565

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$51K

$639 / participant

Contract admin$51K100.0%

% of EOY assets

0.319%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MORISON COGEN
Auditor EIN: 231406493
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,592

$85,766+19.6%

$136,297-24.7%

$70,124+46.3%

Participation rate

76.3%

74.2%+2.1pp

81.9%-5.7pp

69.5%+6.7pp

Annual return

17.91%

31.45%-13.5pp

5156.19%-5138.3pp

73.14%-55.2pp

Employer contribution / active EE

$828

$2,966-72.1%

$4,696-82.4%

$2,342-64.7%

Participant deferral / active EE

$6,075

$5,051+20.3%

$6,247-2.8%

$3,332+82.3%

Admin fee / account holder

$328

$5,420-94.0%

$9,244-96.5%

$4,645-92.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3+ years

Service code 10

315 DEADERICK ST 5TH FL · NASHVILLE, TN 37238

Accounting

$40,535

MORISON COGEN LLP3+ years

Service code 10

484 NORRISTOWN RD STE 100 · BLUE BELL, PA 19422

Accounting

$10,000

EMJAY CORPORATION3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$565

WALLACE ROBERTS & TODD, L.L.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALLACE ROBERTS & TODD, L.L.C. 401(K) 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