Retirement plan

CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY SALARY SAVINGS PLAN

Name: CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY - CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY SALARY SAVINGS PLAN (2018) Form 5500
Creator: CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY SALARY SAVINGS PLAN, CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY

CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODYEIN 33-0676328Plan #001PY 2018

111 W. OCEAN BLVD., 14TH FLOOR - LONG BEACH, CA 908024646562-432-5855cktfmlaw.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$3.8M assets

Prospect flagsRecently reached 100 employees

How to read this page

Total assets (EOY)

$8M

-8.4% from 2017

Total participants

107

0.0% from 2017

Average account balance

$78,356

-13.8% from 2017

Annual return

-4.62%

-20.74 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.09M

Not enough data

1 years with asset history on file

Average account balance

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

$198K

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.

103.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$734K

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

+15.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9579

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

Top 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL LIFE INS. CO. Service code 13 · EIN 42-0127290	Contract Administrator	$1,518

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$18 / participant

Contract admin$2K92.7%
Other / not subdivided$1197.3%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

1 / 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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,356

$77,816+0.7%

$123,552-36.6%

$64,173+22.1%

Participation rate

94.6%

74.7%+19.9pp

82.3%+12.3pp

69.6%+25.1pp

Annual return

-4.62%

12.49%-17.1pp

119.20%-123.8pp

7.63%-12.3pp

Employer contribution / active EE

$1,044

$3,014-65.4%

$4,628-77.4%

$2,381-56.1%

Participant deferral / active EE

$6,738

$5,240+28.6%

$6,426+4.9%

$3,470+94.2%

Admin fee / account holder

$16

$5,519-99.7%

$9,285-99.8%

$4,887-99.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL LIFE INS. CO.

Service code 13 · EIN 42-0127290

Contract Administrator

$1,518

CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARROLL, KELLY, TROTTER, FRANZEN, MCBRIDE & PEABODY SALARY 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