Retirement plan

KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST

Name: KATHERMAN, BRIGGS & GREENBERG, LLP - KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: KATHERMAN, BRIGGS & GREENBERG, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST, KATHERMAN, BRIGGS & GREENBERG, LLP

KATHERMAN, BRIGGS & GREENBERG, LLPEIN 23-3061673Plan #001PY 2016

110 NORTH GEORGE STREET, 3RD FLOOR - YORK, PA 174011162717-848-3838

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.1M

+8.4% from 2015

Total participants

-5.7% from 2015

Average account balance

$214,192

+15.0% from 2015

Annual return

7.58%

+8.80 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.85M

Not enough data

1 years with asset history on file

Average account balance

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

$482K

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.

109.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$739K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33058

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 codes2E2F2G3B3D2T

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.
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

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

$377K

$13450 / participant

Other / not subdivided$377K100.0%

% of EOY assets

5.328%

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

$214,192

$76,551+179.8%

$123,894+72.9%

$62,881+240.6%

Participation rate

100.0%

73.0%+27.0pp

81.4%+18.6pp

69.3%+30.7pp

Annual return

7.58%

18.68%-11.1pp

47.52%-39.9pp

20.14%-12.6pp

Employer contribution / active EE

$7,966

$2,882+176.4%

$4,617+72.5%

$2,281+249.2%

Participant deferral / active EE

$7,343

$4,840+51.7%

$5,984+22.7%

$3,203+129.3%

Admin fee / account holder

$11,412

$4,826+136.5%

$8,357+36.6%

$4,296+165.7%

KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KATHERMAN, BRIGGS & GREENBERG, LLP, 401K PROFIT SHARING PLAN & TRUST

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