Retirement plan

WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP RETIREMENT PLAN

Name: WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP - WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP RETIREMENT PLAN (2018) Form 5500
Creator: WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP RETIREMENT PLAN, WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP

WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLPEIN 23-2668892Plan #001PY 2018

2000 MARKET STREET, 13TH FLOOR - PHILADELPHIA, PA 19103215-972-7900

Prospect flagsLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$31.4M

-1.2% from 2017

Total participants

284

+6.8% from 2017

Average account balance

$1,307,471

+900.8% from 2017

Annual return

-2.45%

-18.65 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

See peer percentile detail. $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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.21M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

267

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.

83.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.11M

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

+13.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$434

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

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

Top 4 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS2 years Service code 27 · EIN 59-3331424	Advisory (Plan)	$41,169
RSM US LLP4+ years Service code 10 · EIN 42-0714325	Accounting	$13,774
ALLIANCE PENSION CONSULTANTS, LLC4+ years Filed as: THE PARAGON ALLIANCE GROUP, LLC Service code 15 · EIN 23-3044062	Recordkeeping	$12,090
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781	Recordkeeping	$3,490

Plan features & details

Pension benefit codes2E2G2J2K3D2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$7K

$29 / participant

Contract admin$7K100.0%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,307,471

$73,102+1688.6%

$123,544+958.3%

$56,287+2222.9%

Participation rate

0.0%

74.3%-74.3pp

82.3%-82.3pp

69.9%-69.9pp

Annual return

-2.45%

3.01%-5.5pp

119.20%-121.6pp

-9.96%+7.5pp

Employer contribution / active EE

$3,276

$2,977+10.1%

$4,628-29.2%

$2,111+55.2%

Participant deferral / active EE

$6,236

$5,423+15.0%

$6,426-3.0%

$3,350+86.2%

Admin fee / account holder

$276

$554-50.1%

$9,284-97.0%

$521-47.0%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS2 years

Service code 27 · EIN 59-3331424

Advisory (Plan)

$41,169

RSM US LLP4+ years

Service code 10 · EIN 42-0714325

Accounting

$13,774

ALLIANCE PENSION CONSULTANTS, LLC4+ years

Filed as: THE PARAGON ALLIANCE GROUP, LLC

Service code 15 · EIN 23-3044062

Recordkeeping

$12,090

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA LIFE INSURANCE CO

Service code 15 · EIN 39-0989781

Recordkeeping

$3,490

WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEBER GALLAGHER SIMPSON STAPLETON FIRES & NEWBY, LLP RETIREMENT 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