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 (2023) 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 2023

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$92.8M

+20.5% from 2022

Total participants

494

+12.3% from 2022

Average account balance

$191,649

+7.5% from 2022

Annual return

14.95%

+31.96 pp from 2022

Benchmarks

See 3,230 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,230 peers

Snapshot2023

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

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
AT INVESTMENT ADVISERS INC6 years Service code 26 · EIN 20-0822261	Advisory (Participants)	$71,951
ALLIANCE PENSION CONSULTANTS, LLC1 year Service code 15 · EIN 36-4389114	Recordkeeping	$26,777
DAVID ROMANO5 years Filed as: DAVID VAUGHAN INVESTMENTS LLC Service code 26 · EIN 37-1272863	Advisory (Participants)	$21,195
STRATEGIC WEALTH PARTNERS2 years Filed as: STRATEGIC WEALTH PARTNERS GROUP Service code 26 · EIN 47-2046833	Advisory (Participants)	$12,680
LESLIE GLOBAL WEALTH LLC8+ years Service code 26 · EIN 38-3871023	Advisory (Participants)	$12,114
WILLIAM BLAIR7 years Filed as: WILLIAM BLAIR INVESTMENT MGMT Service code 26 · EIN 47-2614791	Advisory (Participants)	$10,359
DYNASTY WEALTH MANAGEMENT LLC3 years Service code 26 · EIN 35-2469176	Advisory (Participants)	$3,783
CHARLES SCHWAB & CO., INC.8+ years Service code 16 · EIN 94-1737782	Consulting	$1,539

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3D

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

$161K

$395 / participant

Investment mgmt$132K82.0%
Other / not subdivided$29K18.0%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DOWELL GROUP, LLP
Auditor EIN: 364027344
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$191,649

$95,438+100.8%

$135,982+40.9%

$74,473+157.3%

Participation rate

97.5%

78.2%+19.3pp

81.9%+15.6pp

70.7%+26.8pp

Annual return

14.95%

32.61%-17.7pp

68.32%-53.4pp

34.36%-19.4pp

Employer contribution / active EE

$7,230

$3,878+86.4%

$4,859+48.8%

$2,638+174.0%

Participant deferral / active EE

$10,175

$7,790+30.6%

$7,760+31.1%

$4,530+124.6%

Admin fee / account holder

$333

$259+28.6%

$10,767-96.9%

$347-4.1%

Provider

Service type

Compensation

AT INVESTMENT ADVISERS INC6 years

Service code 26 · EIN 20-0822261

Advisory (Participants)

$71,951

ALLIANCE PENSION CONSULTANTS, LLC1 year

Service code 15 · EIN 36-4389114

Recordkeeping

$26,777

DAVID ROMANO5 years

Filed as: DAVID VAUGHAN INVESTMENTS LLC

Service code 26 · EIN 37-1272863

Advisory (Participants)

$21,195

STRATEGIC WEALTH PARTNERS2 years

Filed as: STRATEGIC WEALTH PARTNERS GROUP

Service code 26 · EIN 47-2046833

Advisory (Participants)

$12,680

LESLIE GLOBAL WEALTH LLC8+ years

Service code 26 · EIN 38-3871023

Advisory (Participants)

$12,114

WILLIAM BLAIR7 years

Filed as: WILLIAM BLAIR INVESTMENT MGMT

Service code 26 · EIN 47-2614791

Advisory (Participants)

$10,359

DYNASTY WEALTH MANAGEMENT LLC3 years

Service code 26 · EIN 35-2469176

Advisory (Participants)

$3,783

CHARLES SCHWAB & CO., INC.8+ years

Service code 16 · EIN 94-1737782

Consulting

$1,539

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