Retirement plan

WITSCHEY, WITSCHEY & FIRESTINE COMPANY LPA 401(K)

Name: WITSCHEY, WITSCHEY & FIRESTINE CO LPA - WITSCHEY, WITSCHEY & FIRESTINE COMPANY LPA 401(K) (2017) Form 5500
Creator: WITSCHEY, WITSCHEY & FIRESTINE CO LPA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WITSCHEY, WITSCHEY & FIRESTINE COMPANY LPA 401(K), WITSCHEY, WITSCHEY & FIRESTINE CO LPA

WITSCHEY, WITSCHEY & FIRESTINE CO LPAEIN 34-1855676Plan #001PY 2017

405 ROTHROCK ROAD, SUITE 103 - AKRON, OH 44321330-665-5117witscheylaw.comLinkedIn1-10 employeeslegal services

Other plans on this EIN

1 filing

#002Retirement-$127K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+27.1% from 2016

Total participants

0.0% from 2016

Average account balance

$108,989

+27.1% from 2016

Annual return

17.62%

+10.82 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.64M

Not enough data

1 years with asset history on file

Average account balance

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

$242K

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$267K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2521

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 codes2E2G2J3D

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.
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

$30K

$2708 / participant

Other / not subdivided$30K100.0%

% of EOY assets

2.103%

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

$108,989

$150,447-27.6%

$136,298-20.0%

$147,586-26.2%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

17.62%

1049.15%-1031.5pp

5156.27%-5138.6pp

578.59%-561.0pp

Employer contribution / active EE

$3,859

$5,256-26.6%

$4,696-17.8%

$4,876-20.9%

Participant deferral / active EE

$8,441

$6,631+27.3%

$6,247+35.1%

$5,439+55.2%

Admin fee / account holder

$2,292

$10,906-79.0%

$9,244-75.2%

$10,886-78.9%

WITSCHEY, WITSCHEY & FIRESTINE COMPANY LPA 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WITSCHEY, WITSCHEY & FIRESTINE COMPANY LPA 401(K)

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