Retirement plan

SWANSON, MARTIN & BELL, LLP 401(K) PROFIT SHARING PLAN

Name: SWANSON, MARTIN & BELL, LLP - SWANSON, MARTIN & BELL, LLP 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: SWANSON, MARTIN & BELL, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWANSON, MARTIN & BELL, LLP 401(K) PROFIT SHARING PLAN, SWANSON, MARTIN & BELL, LLP

SWANSON, MARTIN & BELL, LLPEIN 36-3825975Plan #001PY 2017

330 NORTH WABASH, SUITE 3300 - CHICAGO, IL 60611312-321-9100smbtrials.comLinkedIn201-500 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$56.9M

+14.8% from 2016

Total participants

238

+1.3% from 2016

Average account balance

$241,020

+13.8% from 2016

Annual return

16.01%

+6.33 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

$93.44M

Not enough data

1 years with asset history on file

Average account balance

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

$336K

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.

278

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$244

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 2 by compensation

Provider	Service type	Compensation
HOWARD SIMON & ASSOCIATES, INC.3+ years Service code 14 · EIN 36-3132823	Plan Administrator	$68,570
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Direct payment from the plan; Custodi...	$16,387

Plan features & details

Pension benefit codes2A2E2G2J2S2T3D

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.
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

1 tripped

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

$107K

$599 / participant

Other / not subdivided$107K100.0%

% of EOY assets

0.187%

all-in expense ratio

Categories reported

0 / 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: CLIFTONLARSONALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$241,020

$80,753+198.5%

$136,298+76.8%

$62,293+286.9%

Participation rate

98.9%

73.5%+25.3pp

81.9%+17.0pp

69.5%+29.4pp

Annual return

16.01%

35.83%-19.8pp

5156.27%-5140.3pp

28.90%-12.9pp

Employer contribution / active EE

$10,153

$2,884+252.1%

$4,696+116.2%

$2,042+397.1%

Participant deferral / active EE

$8,480

$5,164+64.2%

$6,247+35.7%

$3,169+167.6%

Admin fee / account holder

$452

$525-14.0%

$9,244-95.1%

$479-5.7%

Provider

Service type

Compensation

HOWARD SIMON & ASSOCIATES, INC.3+ years

Service code 14 · EIN 36-3132823

Plan Administrator

$68,570

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Direct payment from the plan; Custodi...

$16,387

SWANSON, MARTIN & BELL, LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWANSON, MARTIN & BELL, LLP 401(K) PROFIT SHARING 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