Retirement plan

ROWE & HAMILTON ATTYS AT LAW 401(K) PROFIT SHARING PLAN AND TRUST

Name: ROWE & HAMILTON ATTYS AT LAW - ROWE & HAMILTON ATTYS AT LAW 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: ROWE & HAMILTON ATTYS AT LAW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROWE & HAMILTON ATTYS AT LAW 401(K) PROFIT SHARING PLAN AND TRUST, ROWE & HAMILTON ATTYS AT LAW

ROWE & HAMILTON ATTYS AT LAWEIN 35-1815214Plan #001PY 2022

101 W OHIO ST SUITE 1701 - INDIANAPOLIS, IN 462043587317-632-2524LinkedIn11-50 employeeslegal services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$847K

-5.9% from 2021

Total participants

+11.8% from 2021

Average account balance

$56,500

+6.7% from 2021

Annual return

-17.58%

-29.76 pp from 2021

Benchmarks

See 133,872 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,872 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.43M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

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

+18.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1227

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 codes2E2J2F2G3D3B2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$15K

$1339 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.738%

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

$56,500

$138,102-59.1%

$125,381-54.9%

$134,532-58.0%

Participation rate

63.6%

84.5%-20.9pp

82.4%-18.7pp

81.2%-17.6pp

Annual return

-17.58%

750.73%-768.3pp

572.31%-589.9pp

418.27%-435.8pp

Employer contribution / active EE

$4,463

$5,245-14.9%

$4,815-7.3%

$4,741-5.9%

Participant deferral / active EE

$6,440

$7,801-17.4%

$7,448-13.5%

$6,401+0.6%

Admin fee / account holder

$982

$11,568-91.5%

$10,007-90.2%

$11,429-91.4%

ROWE & HAMILTON ATTYS AT LAW 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROWE & HAMILTON ATTYS AT LAW 401(K) PROFIT SHARING PLAN AND 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