Retirement plan

MILLER, COOPER & CO., LTD. PROFIT SHARING & SAVINGS PLAN & TRUST

Name: MILLER, COOPER & CO., LTD. - MILLER, COOPER & CO., LTD. PROFIT SHARING & SAVINGS PLAN & TRUST (2017) Form 5500
Creator: MILLER, COOPER & CO., LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER, COOPER & CO., LTD. PROFIT SHARING & SAVINGS PLAN & TRUST, MILLER, COOPER & CO., LTD.

MILLER, COOPER & CO., LTD.EIN 36-2897372Plan #001PY 2017

1751 LAKE COOK ROAD, SUITE 400 - DEERFIELD, IL 600155286847-205-5000millercooper.comLinkedIn201-500 employeesaccounting

Prospect flagsLow returnsHigh feesHigh cash

How to read this page

Total assets (EOY)

$45M

+17.9% from 2016

Total participants

226

+10.2% from 2016

Average account balance

$199,285

+5.9% from 2016

Annual return

13.11%

+4.47 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

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

Analytics

Total assets (EOY)

Plan-year ending balance

$123.05M

Not enough data

1 years with asset history on file

Average account balance

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

$236K

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.

521

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+27.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$357

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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Service providers

Top 10 by compensation

Provider	Service type	Compensation
RIDGEWORTH1 year Filed as: GENEVA ADVISORS LLC Service code 26 · EIN 04-3689735	Advisory (Participants)	$32,923
DAVID ROMANO1 year Filed as: DAVID VAUGHAN INVESTMENTS INC Service code 26 · EIN 37-1272863	Advisory (Participants)	$13,088
CHARLES SCHWAB & CO., INC.2+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$10,055
LESLIE GLOBAL WEALTH LLC2+ years Service code 26 · EIN 38-3871023	Advisory (Participants)	$8,826
WILLIAM BLAIR1 year Filed as: WILLIAM BLAIR INVESTMENT MGMT Service code 26 · EIN 47-2614791	Advisory (Participants)	$5,709
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 19	Securities Custodian	$487
UBS FINANCIAL SERVICES INC1 year Filed as: UBS SECURITIES LLC Service code 71 · EIN 13-3873456	Brokerage Fees	$13
AB FUNDS1 year Filed as: SANFORD C. BERNSTEIN & CO., LLC Service code 71 · EIN 13-4132953	Brokerage Fees	$8
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 71 · EIN 59-1237041	Brokerage Fees	$6
GOLDMAN SACHS1 year Filed as: GOLDMAN, SACHS & CO. Service code 71 · EIN 13-5108880	Brokerage Fees	$2

Plan features & details

Pension benefit codes2A2E2F2H2J2R2S3D

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.
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$69K

$327 / participant

Investment mgmt$69K100.0%

% of EOY assets

0.154%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DEMARCO, KINNAMAN, LEWIS & CO.
Auditor EIN: 364458862
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$199,285

$80,753+146.8%

$136,298+46.2%

$62,293+219.9%

Participation rate

100.0%

73.5%+26.5pp

81.9%+18.1pp

69.5%+30.5pp

Annual return

13.11%

35.83%-22.7pp

5156.27%-5143.2pp

28.90%-15.8pp

Employer contribution / active EE

$8,024

$2,884+178.3%

$4,696+70.9%

$2,042+292.9%

Participant deferral / active EE

$8,913

$5,164+72.6%

$6,247+42.7%

$3,169+181.2%

Admin fee / account holder

$306

$525-41.7%

$9,244-96.7%

$479-36.1%

Provider

Service type

Compensation

RIDGEWORTH1 year

Filed as: GENEVA ADVISORS LLC

Service code 26 · EIN 04-3689735

Advisory (Participants)

$32,923

DAVID ROMANO1 year

Filed as: DAVID VAUGHAN INVESTMENTS INC

Service code 26 · EIN 37-1272863

Advisory (Participants)

$13,088

CHARLES SCHWAB & CO., INC.2+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

$10,055

LESLIE GLOBAL WEALTH LLC2+ years

Service code 26 · EIN 38-3871023

Advisory (Participants)

$8,826

WILLIAM BLAIR1 year

Filed as: WILLIAM BLAIR INVESTMENT MGMT

Service code 26 · EIN 47-2614791

Advisory (Participants)

$5,709

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 19

Securities Custodian

$487

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS SECURITIES LLC

Service code 71 · EIN 13-3873456

Brokerage Fees

$13

AB FUNDS1 year

Filed as: SANFORD C. BERNSTEIN & CO., LLC

Service code 71 · EIN 13-4132953

Brokerage Fees

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 71 · EIN 59-1237041

Brokerage Fees

GOLDMAN SACHS1 year

Filed as: GOLDMAN, SACHS & CO.

Service code 71 · EIN 13-5108880

Brokerage Fees

MILLER, COOPER & CO., LTD. PROFIT SHARING & SAVINGS PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER, COOPER & CO., LTD. PROFIT SHARING & SAVINGS 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