Retirement plan

WALL,MCLEAN,& GALLAGHER, PLLC 401K PROFIT SHARING PLAN

Name: WALL, MCLEAN & GALLAGHER, PLLC - WALL,MCLEAN,& GALLAGHER, PLLC 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: WALL, MCLEAN & GALLAGHER, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALL,MCLEAN,& GALLAGHER, PLLC 401K PROFIT SHARING PLAN, WALL, MCLEAN & GALLAGHER, PLLC

WALL, MCLEAN & GALLAGHER, PLLCEIN 26-3153909Plan #001PY 2017

40 W LAWRENCE, STE B, PO BOX 1713 - HELENA, MT 59624406-442-1054

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$671K

-28.0% from 2016

Total participants

0.0% from 2016

Average account balance

$95,786

-28.0% from 2016

Annual return

13.55%

+5.34 pp from 2016

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.28M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$95K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+18.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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 codes2E2H2J3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

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

$469K

$78186 / participant

Other / not subdivided$469K100.0%

% of EOY assets

69.965%

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

$95,786

$150,446-36.3%

$136,297-29.7%

$147,585-35.1%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

13.55%

1049.14%-1035.6pp

5156.19%-5142.6pp

578.58%-565.0pp

Employer contribution / active EE

$6,817

$5,256+29.7%

$4,696+45.2%

$4,876+39.8%

Participant deferral / active EE

$6,883

$6,631+3.8%

$6,247+10.2%

$5,439+26.6%

Admin fee / account holder

$67,017

$10,906+514.5%

$9,244+625.0%

$10,886+515.6%

WALL,MCLEAN,& GALLAGHER, PLLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALL,MCLEAN,& GALLAGHER, PLLC 401K 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