Retirement plan

NEWMEYER & DILLION EMPLOYEE 401(K) SAVINGS PLAN

Name: NEWMEYER & DILLION, LLP - NEWMEYER & DILLION EMPLOYEE 401(K) SAVINGS PLAN (2016) Form 5500
Creator: NEWMEYER & DILLION, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWMEYER & DILLION EMPLOYEE 401(K) SAVINGS PLAN, NEWMEYER & DILLION, LLP

NEWMEYER & DILLION, LLPEIN 33-0051418Plan #002PY 2016

895 DOVE STREET, 5TH FLOOR - NEWPORT BEACH, CA 92660949-854-7000newmeyerdillion.comLinkedIn51-200 employeeslegal services

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$28.3M

+16.4% from 2015

Total participants

168

+11.3% from 2015

Average account balance

$190,063

+11.7% from 2015

Annual return

12.40%

+12.46 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.52M

Not enough data

1 years with asset history on file

Average account balance

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

$325K

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.

134

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.

86.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+10.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1376

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 7 by compensation

Provider	Service type	Compensation
CBF WEALTH MANAGEMENT, LLC2+ years Service code 27 125 S 4TH STREET · NORFOLK, NE 68701	Advisory (Plan)	$29,677
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: RETIREMENT PLAN CONSULTANTS, LLC Service code 14 125 S 4TH STREET · NORFOLK, NE 68701	Plan Administrator	$26,691
SARATOGA RESEARCH & INVESTMENT2+ years Service code 33 14471 BIG BASIN WAY · SARATOGA, CA 95070	Securities brokerage	$24,247
MARYLAND CAPITAL ADVISORS2+ years Service code 33 CHESTER PLAZA · CHESTER, MD 21619	Securities brokerage	$12,452
ASCENSUS LLC2+ years Filed as: WEALTH MANAGEMENT, LLC Service code 49 125 S 4TH STREET · NORFOLK, NE 68701	Other Services	$11,823
THE SHADDEN GROUP2+ years Service code 33 6700 E. PACIFIC COAST HWY STE 110 · LONG BEACH, CA 90803	Securities brokerage	$6,936
LUTZ FINANCIAL2+ years Service code 33 13616 CALIFORNIA STREET, SUITE 200 · OMAHA, NE 68154	Securities brokerage	$5,941

Plan features & details

Pension benefit codes2E2J2F2G2R3D3B2T2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$128K

$1015 / participant

Investment mgmt$30K23.2%
Contract admin$27K20.9%
Other / not subdivided$72K55.9%

% of EOY assets

0.452%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WARNICK, MAESTAS & MARONEY
Auditor EIN: 330941619
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$190,063

$75,183+152.8%

$123,894+53.4%

$55,167+244.5%

Participation rate

84.9%

72.8%+12.1pp

81.4%+3.5pp

69.0%+15.9pp

Annual return

12.40%

19.01%-6.6pp

47.52%-35.1pp

169.23%-156.8pp

Employer contribution / active EE

$6,352

$2,823+125.0%

$4,617+37.6%

$1,963+223.6%

Participant deferral / active EE

$8,072

$5,084+58.8%

$5,984+34.9%

$3,054+164.3%

Admin fee / account holder

$858

$663+29.6%

$8,357-89.7%

$504+70.4%

Provider

Service type

Compensation

CBF WEALTH MANAGEMENT, LLC2+ years

Service code 27

125 S 4TH STREET · NORFOLK, NE 68701

Advisory (Plan)

$29,677

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: RETIREMENT PLAN CONSULTANTS, LLC

Service code 14

125 S 4TH STREET · NORFOLK, NE 68701

Plan Administrator

$26,691

SARATOGA RESEARCH & INVESTMENT2+ years

Service code 33

14471 BIG BASIN WAY · SARATOGA, CA 95070

Securities brokerage

$24,247

MARYLAND CAPITAL ADVISORS2+ years

Service code 33

CHESTER PLAZA · CHESTER, MD 21619

Securities brokerage

$12,452

ASCENSUS LLC2+ years

Filed as: WEALTH MANAGEMENT, LLC

Service code 49

125 S 4TH STREET · NORFOLK, NE 68701

Other Services

$11,823

THE SHADDEN GROUP2+ years

Service code 33

6700 E. PACIFIC COAST HWY STE 110 · LONG BEACH, CA 90803

Securities brokerage

$6,936

LUTZ FINANCIAL2+ years

Service code 33

13616 CALIFORNIA STREET, SUITE 200 · OMAHA, NE 68154

Securities brokerage

$5,941

NEWMEYER & DILLION EMPLOYEE 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWMEYER & DILLION EMPLOYEE 401(K) SAVINGS 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