Retirement plan

THE DARRAS FIRM, INC. 401 (K) PLAN

Name: THE DARRAS FIRM, INC. - THE DARRAS FIRM, INC. 401 (K) PLAN (2016) Form 5500
Creator: THE DARRAS FIRM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DARRAS FIRM, INC. 401 (K) PLAN, THE DARRAS FIRM, INC.

THE DARRAS FIRM, INC.EIN 27-1192627Plan #001PY 2016

3257 E. GUASTI RD., STE. 300 - ONTARIO, CA 91761909-390-3770

Other plans on this EIN

1 filing

#002Retirement-$2.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+16.3% from 2015

Total participants

+41.7% from 2015

Average account balance

$75,595

+12.4% from 2015

Annual return

6.48%

+8.56 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.80M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

255.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+8.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36617

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 codes2E2H2J3D

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.
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

$45K

$2148 / participant

Other / not subdivided$45K100.0%

% of EOY assets

1.989%

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

$75,595

$135,956-44.4%

$123,894-39.0%

$273,972-72.4%

Participation rate

81.0%

84.1%-3.1pp

81.4%-0.5pp

83.0%-2.1pp

Annual return

6.48%

56.63%-50.1pp

47.52%-41.0pp

41.46%-35.0pp

Employer contribution / active EE

$4,597

$5,170-11.1%

$4,617-0.4%

$4,869-5.6%

Participant deferral / active EE

$6,642

$6,343+4.7%

$5,984+11.0%

$5,287+25.6%

Admin fee / account holder

$1,503

$9,817-84.7%

$8,357-82.0%

$10,133-85.2%

THE DARRAS FIRM, INC. 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DARRAS FIRM, INC. 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