Retirement plan

AXLEY BRYNELSON, LLP 401(K) SAVINGS & PROFIT SHARING PLAN

Name: AXLEY BRYNELSON, LLP - AXLEY BRYNELSON, LLP 401(K) SAVINGS & PROFIT SHARING PLAN (2020) Form 5500
Creator: AXLEY BRYNELSON, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AXLEY BRYNELSON, LLP 401(K) SAVINGS & PROFIT SHARING PLAN, AXLEY BRYNELSON, LLP

AXLEY BRYNELSON, LLPEIN 39-0804160Plan #002PY 2020

2 EAST MIFFLIN STREET, SUITE 200 - MADISON, WI 53703608-257-5661

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$81.4M

+15.7% from 2019

Total participants

153

+7.7% from 2019

Average account balance

$550,303

+10.2% from 2019

Annual return

13.80%

-5.73 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$92.03M

Not enough data

1 years with asset history on file

Average account balance

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

$609K

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.

151

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+11.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$549

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 3 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO5 years Filed as: ONEAMERICA RETIREMENT SERVICES, LLC Service code 15 · EIN 46-5378846	Recordkeeping	$39,005
ALPHA INVESTMENT CONSULTING GROUP6+ years Filed as: ALPHA INVESTMNET CONSULTING GROUP Service code 27 · EIN 39-1859759	Advisory (Plan)	$20,625
BMO HARRIS BANK NA6+ years Filed as: BMO HARRIS BANK, NA Service code 19 · EIN 36-2085229	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2H2J2T3D

Plan features

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

Expense breakdown

Schedule H Part II

Admin total

$60K

$573 / participant

Investment mgmt$21K34.6%
Other / not subdivided$39K65.4%

% of EOY assets

0.073%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$550,303

$99,957+450.5%

$149,745+267.5%

$73,497+648.7%

Participation rate

95.2%

75.7%+19.5pp

82.5%+12.7pp

70.7%+24.5pp

Annual return

13.80%

53.87%-40.1pp

276.72%-262.9pp

28.51%-14.7pp

Employer contribution / active EE

$16,966

$3,191+431.7%

$4,646+265.2%

$2,270+647.4%

Participant deferral / active EE

$12,148

$6,073+100.1%

$6,843+77.5%

$3,740+224.8%

Admin fee / account holder

$403

$551-26.8%

$9,312-95.7%

$513-21.5%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO5 years

Filed as: ONEAMERICA RETIREMENT SERVICES, LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$39,005

ALPHA INVESTMENT CONSULTING GROUP6+ years

Filed as: ALPHA INVESTMNET CONSULTING GROUP

Service code 27 · EIN 39-1859759

Advisory (Plan)

$20,625

BMO HARRIS BANK NA6+ years

Filed as: BMO HARRIS BANK, NA

Service code 19 · EIN 36-2085229

Securities Custodian

AXLEY BRYNELSON, LLP 401(K) SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AXLEY BRYNELSON, LLP 401(K) SAVINGS & 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