Retirement plan

SPIETH, BELL, MCCURDY & NEWELL CO., LPA PROFIT SHARING PLAN & TRUST

Name: SPIETH, BELL, MCCURDY & NEWELL CO., LPA - SPIETH, BELL, MCCURDY & NEWELL CO., LPA PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: SPIETH, BELL, MCCURDY & NEWELL CO., LPA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPIETH, BELL, MCCURDY & NEWELL CO., LPA PROFIT SHARING PLAN & TRUST, SPIETH, BELL, MCCURDY & NEWELL CO., LPA

SPIETH, BELL, MCCURDY & NEWELL CO., LPAEIN 34-1145791Plan #001PY 2018

1375 E NINTH ST, SUITE 900 - CLEVELAND, OH 44114216-535-1067spiethbell.comLinkedIn11-50 employeeslaw practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.5M

-66.6% from 2017

Total participants

-37.5% from 2017

Average account balance

$231,008

-46.5% from 2017

Annual return

-10.75%

-21.58 pp from 2017

Benchmarks

See 116,757 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,757 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.92M

Not enough data

1 years with asset history on file

Average account balance

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

$240K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8611

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 codes2E2G2J2R2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5.9M

$1972585 / participant

Other / not subdivided$6M100.0%

% of EOY assets

170.781%

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

$231,008

$138,075+67.3%

$123,552+87.0%

$135,379+70.6%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-10.75%

153.70%-164.4pp

119.20%-130.0pp

519.79%-530.5pp

Employer contribution / active EE

$17,265

$5,152+235.1%

$4,628+273.1%

$4,779+261.3%

Participant deferral / active EE

$21,938

$6,800+222.6%

$6,426+241.4%

$5,609+291.1%

Admin fee / account holder

$394,517

$10,917+3513.8%

$9,285+4149.2%

$10,828+3543.5%

SPIETH, BELL, MCCURDY & NEWELL CO., LPA PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPIETH, BELL, MCCURDY & NEWELL CO., LPA PROFIT SHARING PLAN & TRUST

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