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 (2017) 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 2017

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.9M

-41.0% from 2016

Total participants

-9.1% from 2016

Average account balance

$191,230

-35.0% from 2016

Annual return

10.25%

+2.13 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$176166 / participant

Other / not subdivided$2M100.0%

% of EOY assets

92.123%

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

$191,230

$150,447+27.1%

$136,298+40.3%

$147,586+29.6%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

10.25%

1049.15%-1038.9pp

5156.27%-5146.0pp

578.59%-568.3pp

Employer contribution / active EE

$3,630

$5,256-30.9%

$4,696-22.7%

$4,876-25.6%

Participant deferral / active EE

$6,302

$6,631-5.0%

$6,247+0.9%

$5,439+15.9%

Admin fee / account holder

$176,166

$10,906+1515.3%

$9,244+1805.7%

$10,886+1518.3%

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