Retirement plan

GORDON, STOCKMAN & WAUGH, P.C. SECTION 401(K) PLAN

Name: GORDON, STOCKMAN & WAUGH, P.C. - GORDON, STOCKMAN & WAUGH, P.C. SECTION 401(K) PLAN (2017) Form 5500
Creator: GORDON, STOCKMAN & WAUGH, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GORDON, STOCKMAN & WAUGH, P.C. SECTION 401(K) PLAN, GORDON, STOCKMAN & WAUGH, P.C.

GORDON, STOCKMAN & WAUGH, P.C.EIN 41-2110811Plan #001PY 2017

8726 INDUSTRIAL ROAD - PEORIA, IL 61615309-692-4030gswcpa.comLinkedIn11-50 employeesaccounting

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.7M

+28.1% from 2016

Total participants

+12.2% from 2016

Average account balance

$94,811

+31.4% from 2016

Annual return

21.78%

+9.51 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.81M

Not enough data

1 years with asset history on file

Average account balance

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

$244K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$338K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1440

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 1295 STATE ST · SPRINGFIELD, MA 01111	Recordkeeping	$549
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO Service code 15 · EIN 94-1737782 PO BOX 5050 · RICHFIELD, OH 442865050	Recordkeeping	$0
MESIROW FINANCIAL INVESTMENT MANAGE3+ years Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 27 · EIN 36-3429599 353 NORTH CLARK STREET · CHICAGO, IL 60654	Advisory (Plan)	$0
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 22 · EIN 26-4310844 522 5TH AVENUE · NEW YORK, NY 100367601	Insurance Broker	$0
MORNINGSTAR3+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 49 · EIN 36-4317381 22 W WASHINGTON ST · CHICAGO, IL 60602	Other Services	$0
SBHU LIFE AGENCY INC3+ years Service code 22 · EIN 13-2896238 333 W 34TH ST FL 7 · NEW YORK, NY 10001	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$64K

$1940 / participant

Other / not subdivided$64K100.0%

% of EOY assets

1.731%

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

$94,811

$85,766+10.5%

$136,298-30.4%

$70,126+35.2%

Participation rate

78.8%

74.2%+4.6pp

81.9%-3.1pp

69.5%+9.2pp

Annual return

21.78%

31.46%-9.7pp

5156.27%-5134.5pp

73.15%-51.4pp

Employer contribution / active EE

$2,004

$2,966-32.4%

$4,696-57.3%

$2,343-14.4%

Participant deferral / active EE

$5,422

$5,051+7.3%

$6,247-13.2%

$3,332+62.7%

Admin fee / account holder

$1,642

$5,421-69.7%

$9,244-82.2%

$4,645-64.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

1295 STATE ST · SPRINGFIELD, MA 01111

Recordkeeping

$549

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO

Service code 15 · EIN 94-1737782

PO BOX 5050 · RICHFIELD, OH 442865050

Recordkeeping

MESIROW FINANCIAL INVESTMENT MANAGE3+ years

Filed as: MESIROW FINANCIAL INVESTMENT MGMT

Service code 27 · EIN 36-3429599

353 NORTH CLARK STREET · CHICAGO, IL 60654

Advisory (Plan)

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 22 · EIN 26-4310844

522 5TH AVENUE · NEW YORK, NY 100367601

Insurance Broker

MORNINGSTAR3+ years

Filed as: MORNINGSTAR ASSOCIATES, LLC

Service code 49 · EIN 36-4317381

22 W WASHINGTON ST · CHICAGO, IL 60602

Other Services

SBHU LIFE AGENCY INC3+ years

Service code 22 · EIN 13-2896238

333 W 34TH ST FL 7 · NEW YORK, NY 10001

Insurance Broker

GORDON, STOCKMAN & WAUGH, P.C. SECTION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GORDON, STOCKMAN & WAUGH, P.C. SECTION 401(K) 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