Retirement plan

TURNER, WILLIAMS AND ASSOCIATES 401(K) PLAN

Name: TURNER, WILLIAMS AND ASSOCIATES, P. A. - TURNER, WILLIAMS AND ASSOCIATES 401(K) PLAN (2024) Form 5500
Creator: TURNER, WILLIAMS AND ASSOCIATES, P. A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TURNER, WILLIAMS AND ASSOCIATES 401(K) PLAN, TURNER, WILLIAMS AND ASSOCIATES, P. A.

TURNER, WILLIAMS AND ASSOCIATES, P. A.EIN 27-2403745Plan #001PY 2024

1600 WEST BEEBE-CAPPS EXPRESSWAY - SEARCY, AR 72143501-268-0704

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+20.8% from 2023

Total participants

0.0% from 2023

Average account balance

$109,845

+20.8% from 2023

Annual return

14.64%

-14.01 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.70M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

109.1%

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

$12K

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

+19.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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 codes2E2J2F2G3D2T

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

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

$53K

$4112 / participant

Other / not subdivided$53K100.0%

% of EOY assets

4.056%

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

$109,845

$160,028-31.4%

$147,080-25.3%

$145,884-24.7%

Participation rate

76.9%

84.0%-7.1pp

82.2%-5.3pp

80.3%-3.4pp

Annual return

14.64%

98.60%-84.0pp

420.17%-405.5pp

551.85%-537.2pp

Employer contribution / active EE

$2,435

$5,286-53.9%

$4,933-50.6%

$4,662-47.8%

Participant deferral / active EE

$6,879

$8,422-18.3%

$8,066-14.7%

$6,690+2.8%

Admin fee / account holder

$4,455

$15,030-70.4%

$12,989-65.7%

$13,392-66.7%

TURNER, WILLIAMS AND ASSOCIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TURNER, WILLIAMS AND ASSOCIATES 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