Retirement plan

MURPHY & EVERTZ, LLP 401(K) PROFIT SHARING PLAN

Name: MURPHY & EVERTZ, LLP - MURPHY & EVERTZ, LLP 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: MURPHY & EVERTZ, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MURPHY & EVERTZ, LLP 401(K) PROFIT SHARING PLAN, MURPHY & EVERTZ, LLP

MURPHY & EVERTZ, LLPEIN 27-2224775Plan #001PY 2018

650 TOWN CENTER DRIVE, SUITE 550 - COSTA MESA, CA 92626714-277-1700murphyevertz.comLinkedIn1-10 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$2.3M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

-15.3% from 2017

Total participants

-15.4% from 2017

Average account balance

$241,248

+0.0% from 2017

Annual return

-5.50%

-20.69 pp from 2017

Benchmarks

See 116,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,756 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.39M

Not enough data

1 years with asset history on file

Average account balance

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

$399K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$380K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$38K

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

+9.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168322

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 codes2E2F2G3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$574K

$71729 / participant

Other / not subdivided$574K100.0%

% of EOY assets

21.624%

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

$241,248

$138,076+74.7%

$123,553+95.3%

$135,380+78.2%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-5.50%

153.70%-159.2pp

119.21%-124.7pp

519.81%-525.3pp

Employer contribution / active EE

$12,922

$5,152+150.8%

$4,628+179.2%

$4,779+170.4%

Participant deferral / active EE

$18,310

$6,800+169.3%

$6,426+184.9%

$5,609+226.4%

Admin fee / account holder

$52,167

$10,917+377.9%

$9,284+461.9%

$10,828+381.8%

MURPHY & EVERTZ, LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MURPHY & EVERTZ, LLP 401(K) 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