Retirement plan

FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C. 401K PLAN

Name: FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C. - FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C. 401K PLAN (2015) Form 5500
Creator: FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C. 401K PLAN, FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C.

FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C.EIN 38-2529039Plan #001PY 2015

32300 NORTHWESTERN HWY., SUITE 200 - FARMINGTON HILLS, MI 48334248-855-6500fwslaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.3M

No prior year

Total participants

No prior year

Average account balance

$368,664

No prior year

Annual return

-0.88%

No prior year

Benchmarks

See 103,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort103,909 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.29M

Not enough data

1 years with asset history on file

Average account balance

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

$382K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1367887

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

Top 3 by compensation

Provider	Service type	Compensation
CORTLAND ASSOCIATES1+ years Filed as: CORTLAND ASSOCIATES, INC. Service code 27 · EIN 43-1504890 8000 MARYLAND AVE., STE. 730 · SAINT LOUIS, MO 63105	Advisory (Plan)	$60,299
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 26 · EIN 23-2384840 31440 NORTHWESTERN HWY TROTT FINCL · FARMINGTON HILLS, MI 48334	Advisory (Participants)	$14,361
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY Service code 26 · EIN 26-4310632 2000 WEST CHESTER AVENUE · PURCHASE, NY 10577	Advisory (Participants)	$5,231

Plan features & details

Pension benefit codes2E2H2J2R2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$385K

$18318 / participant

Other / not subdivided$385K100.0%

% of EOY assets

3.727%

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

$368,664

$127,387+189.4%

$115,038+220.5%

$125,389+194.0%

Participation rate

100.0%

84.2%+15.8pp

81.4%+18.6pp

83.2%+16.8pp

Annual return

-0.88%

31.28%-32.2pp

26.14%-27.0pp

282.24%-283.1pp

Employer contribution / active EE

$3,571

$5,166-30.9%

$4,608-22.5%

$4,866-26.6%

Participant deferral / active EE

$5,461

$6,423-15.0%

$6,026-9.4%

$5,352+2.1%

Admin fee / account holder

$13,738

$9,516+44.4%

$8,175+68.0%

$9,541+44.0%

Provider

Service type

Compensation

CORTLAND ASSOCIATES1+ years

Filed as: CORTLAND ASSOCIATES, INC.

Service code 27 · EIN 43-1504890

8000 MARYLAND AVE., STE. 730 · SAINT LOUIS, MO 63105

Advisory (Plan)

$60,299

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS, LLC

Service code 26 · EIN 23-2384840

31440 NORTHWESTERN HWY TROTT FINCL · FARMINGTON HILLS, MI 48334

Advisory (Participants)

$14,361

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY

Service code 26 · EIN 26-4310632

2000 WEST CHESTER AVENUE · PURCHASE, NY 10577

Advisory (Participants)

$5,231

FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FINKEL, WHITEFIELD, SELIK, FERRARA & FELDMAN, P.C. 401K 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