Retirement plan

SHUMAKER, LOOP AND KENDRICK, LLP ASSOCIATES 401K SAVINGS PLAN

Name: SHUMAKER, LOOP AND KENDRICK, LLP - SHUMAKER, LOOP AND KENDRICK, LLP ASSOCIATES 401K SAVINGS PLAN (2015) Form 5500
Creator: SHUMAKER, LOOP AND KENDRICK, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHUMAKER, LOOP AND KENDRICK, LLP ASSOCIATES 401K SAVINGS PLAN, SHUMAKER, LOOP AND KENDRICK, LLP

SHUMAKER, LOOP AND KENDRICK, LLPEIN 34-4439491Plan #003PY 2015

1000 JACKSON STREET - TOLEDO, OH 43604419-241-9000shumaker.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$161.4M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$785K

-30.8% from 2016

Total participants

-26.9% from 2016

Average account balance

$21,230

-17.7% from 2016

Annual return

-8.16%

-21.97 pp from 2016

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.40M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

113.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$730K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+2.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1254

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$24K

$551 / participant

Other / not subdivided$24K100.0%

% of EOY assets

3.014%

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

$21,230

$72,177-70.6%

$115,038-81.5%

$59,633-64.4%

Participation rate

72.1%

72.6%-0.5pp

81.4%-9.3pp

68.7%+3.4pp

Annual return

-8.16%

12.02%-20.2pp

26.14%-34.3pp

2041.47%-2049.6pp

Employer contribution / active EE

$2,841-100.0%

$4,608-100.0%

$2,203-100.0%

Participant deferral / active EE

$4,220

$4,783-11.8%

$6,026-30.0%

$3,192+32.2%

Admin fee / account holder

$640

$4,927-87.0%

$8,175-92.2%

$4,297-85.1%

SHUMAKER, LOOP AND KENDRICK, LLP ASSOCIATES 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHUMAKER, LOOP AND KENDRICK, LLP ASSOCIATES 401K 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