Retirement plan

NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS 401(K) PROFIT SHARING PLAN AND TRUST

Name: NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS - NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS 401(K) PROFIT SHARING PLAN AND TRUST, NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS

NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANISEIN 39-1585138Plan #001PY 2016

314 KELLER AVE. NORTH, SUITE 200 - AMERY, WI 54001715-268-6130amerylaw.comLinkedIn11-50 employeeslegal services

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$3.2M

+10.1% from 2015

Total participants

-15.4% from 2015

Average account balance

$294,423

+30.1% from 2015

Annual return

8.12%

+7.48 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.87M

Not enough data

1 years with asset history on file

Average account balance

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

$240K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+16.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3105

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B3D

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).
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$48K

$4783 / participant

Other / not subdivided$48K100.0%

% of EOY assets

1.477%

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

$294,423

$135,956+116.6%

$123,894+137.6%

$273,972+7.5%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

8.12%

56.63%-48.5pp

47.52%-39.4pp

41.46%-33.3pp

Employer contribution / active EE

$3,568

$5,170-31.0%

$4,617-22.7%

$4,869-26.7%

Participant deferral / active EE

$6,228

$6,343-1.8%

$5,984+4.1%

$5,287+17.8%

Admin fee / account holder

$4,348

$9,817-55.7%

$8,357-48.0%

$10,133-57.1%

NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOVITZKE, GUST, SEMPF, WHITLEY & BERGMANIS 401(K) PROFIT SHARING PLAN AND 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