Retirement plan

FITCH EVEN TABIN & FLANNERY RETIREMENT PLAN

Name: FITCH, EVEN, TABIN & FLANNERY LLP - FITCH EVEN TABIN & FLANNERY RETIREMENT PLAN (2017) Form 5500
Creator: FITCH, EVEN, TABIN & FLANNERY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FITCH EVEN TABIN & FLANNERY RETIREMENT PLAN, FITCH, EVEN, TABIN & FLANNERY LLP

FITCH, EVEN, TABIN & FLANNERY LLPEIN 36-2151735Plan #001PY 2017

120 S. LASALLE STREET, SUITE 1600 - CHICAGO, IL 60603312-577-7000fitcheven.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$36.4M

+11.5% from 2016

Total participants

137

-12.7% from 2016

Average account balance

$295,658

+36.0% from 2016

Annual return

14.72%

+4.36 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$58.59M

Not enough data

1 years with asset history on file

Average account balance

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

$447K

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.

131

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$597

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

1 years with F_SCH_H allocation on file

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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 33 · EIN 13-3180817	Securities brokerage	$36,468
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$11,256
ALLIANCE PENSION CONSULTANTS, LLC3+ years Service code 15 · EIN 36-4389114	Recordkeeping	$10,835
CHARLES SCHWAB & CO., INC.3+ years Service code 19 · EIN 94-1737782	Securities Custodian	$10

Plan features & details

Pension benefit codes2A2E2G2J2K2R2T3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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.
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

3 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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$47K

$455 / participant

Investment mgmt$36K77.1%
Other / not subdivided$11K22.9%

% of EOY assets

0.130%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BANSLEY & KIENER, LLP
Auditor EIN: 362152389
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$295,658

$80,753+266.1%

$136,294+116.9%

$62,292+374.6%

Participation rate

86.5%

73.5%+13.0pp

81.9%+4.6pp

69.5%+17.0pp

Annual return

14.72%

35.83%-21.1pp

5155.94%-5141.2pp

28.90%-14.2pp

Employer contribution / active EE

$5,629

$2,884+95.2%

$4,695+19.9%

$2,042+175.6%

Participant deferral / active EE

$7,467

$5,164+44.6%

$6,247+19.5%

$3,169+135.6%

Admin fee / account holder

$385

$525-26.8%

$9,243-95.8%

$479-19.8%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 33 · EIN 13-3180817

Securities brokerage

$36,468

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$11,256

ALLIANCE PENSION CONSULTANTS, LLC3+ years

Service code 15 · EIN 36-4389114

Recordkeeping

$10,835

CHARLES SCHWAB & CO., INC.3+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$10

FITCH EVEN TABIN & FLANNERY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FITCH EVEN TABIN & FLANNERY RETIREMENT 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