Retirement plan

WESTON HURD LLP RETIREMENT 401(K) PLAN

Name: WESTON HURD LLP - WESTON HURD LLP RETIREMENT 401(K) PLAN (2017) Form 5500
Creator: WESTON HURD LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTON HURD LLP RETIREMENT 401(K) PLAN, WESTON HURD LLP

WESTON HURD LLPEIN 34-0643459Plan #001PY 2017

1301 EAST 9TH STREET, SUITE 1900 - CLEVELAND, OH 44114216-241-6602westonhurd.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$23.8M

+20.4% from 2016

Total participants

101

-1.0% from 2016

Average account balance

$267,352

+13.7% from 2016

Annual return

18.91%

+13.86 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.34M

Not enough data

1 years with asset history on file

Average account balance

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

$298K

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.

122

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.

119.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+21.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2558

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 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 26 · EIN 13-2638166 1000 HARBOR BLVD., 6TH FLOOR · WEEHAWKEN, NJ 07086	Advisory (Participants)	$12,349
NOBLE-DAVIS CONSULTING, INC.3+ years Filed as: NOBLE - DAVIS CONSULTING, INC. Service code 13 · EIN 34-1723189 6190 COCRHAN RD, SUITE D · SOLON, OH 44139	Contract Administrator	$11,500
CORRIGAN KRAUSE1 year Filed as: CORRIGAN KRAUS Service code 10 · EIN 37-1574855 2055 CROCKER RD., SUITE 300 · WESTLAKE, OH 44145	Accounting	$8,500
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 26 · EIN 36-4019175 I NORTH JEFFERSON AVE · ST. LOUIS, MO 63103	Advisory (Participants)	$4,666
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 12401 RESEARCH BLVD., BUILDING 2 · AUSTIN, TX 78759	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D

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.
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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$22K

$299 / participant

Investment mgmt$10K46.1%
Contract admin$12K53.9%

% of EOY assets

0.094%

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: CORRIGAN KRAUSE
Auditor EIN: 371574855
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$267,352

$85,766+211.7%

$136,298+96.2%

$70,126+281.2%

Participation rate

84.0%

74.2%+9.8pp

81.9%+2.1pp

69.5%+14.5pp

Annual return

18.91%

31.46%-12.5pp

5156.27%-5137.4pp

73.15%-54.2pp

Employer contribution / active EE

$2,422

$2,966-18.3%

$4,696-48.4%

$2,343+3.4%

Participant deferral / active EE

$8,581

$5,051+69.9%

$6,247+37.4%

$3,332+157.5%

Admin fee / account holder

$252

$5,421-95.3%

$9,244-97.3%

$4,645-94.6%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 26 · EIN 13-2638166

1000 HARBOR BLVD., 6TH FLOOR · WEEHAWKEN, NJ 07086

Advisory (Participants)

$12,349

NOBLE-DAVIS CONSULTING, INC.3+ years

Filed as: NOBLE - DAVIS CONSULTING, INC.

Service code 13 · EIN 34-1723189

6190 COCRHAN RD, SUITE D · SOLON, OH 44139

Contract Administrator

$11,500

CORRIGAN KRAUSE1 year

Filed as: CORRIGAN KRAUS

Service code 10 · EIN 37-1574855

2055 CROCKER RD., SUITE 300 · WESTLAKE, OH 44145

Accounting

$8,500

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS

Service code 26 · EIN 36-4019175

I NORTH JEFFERSON AVE · ST. LOUIS, MO 63103

Advisory (Participants)

$4,666

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

12401 RESEARCH BLVD., BUILDING 2 · AUSTIN, TX 78759

Securities Custodian

WESTON HURD LLP RETIREMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTON HURD LLP RETIREMENT 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