Retirement plan

SPEAR WILDERMAN, P.C. 401K UNION PROFIT SHARING PLAN

Name: SPEAR WILDERMAN, P.C. - SPEAR WILDERMAN, P.C. 401K UNION PROFIT SHARING PLAN (2017) Form 5500
Creator: SPEAR WILDERMAN, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPEAR WILDERMAN, P.C. 401K UNION PROFIT SHARING PLAN, SPEAR WILDERMAN, P.C.

SPEAR WILDERMAN, P.C.EIN 23-2749511Plan #002PY 2017

230 SOUTH BROAD STREET, SUITE 1400 - PHILADELPHIA, PA 191024104215-732-0101

Other plans on this EIN

1 filing

#001Retirement-$6.6M assets

Prospect flagsLow returnsHigh feesLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$1M

+14.7% from 2016

Total participants

+211.8% from 2016

Average account balance

$21,674

-64.2% from 2016

Annual return

12.35%

+6.31 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

$2.06M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6553

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 codes2E2F2G2J2T3D

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.
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$30K

$852 / participant

Other / not subdivided$30K100.0%

% of EOY assets

2.866%

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

$21,674

$85,766-74.7%

$136,297-84.1%

$70,124-69.1%

Participation rate

85.7%

74.2%+11.6pp

81.9%+3.8pp

69.5%+16.2pp

Annual return

12.35%

31.45%-19.1pp

5156.19%-5143.8pp

73.14%-60.8pp

Employer contribution / active EE

$691

$2,966-76.7%

$4,696-85.3%

$2,342-70.5%

Participant deferral / active EE

$620

$5,051-87.7%

$6,247-90.1%

$3,332-81.4%

Admin fee / account holder

$621

$5,420-88.5%

$9,244-93.3%

$4,645-86.6%

SPEAR WILDERMAN, P.C. 401K UNION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPEAR WILDERMAN, P.C. 401K UNION 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