Retirement plan

ZIMMERMAN, LAURENT AND RICHARDSON, INC. 401(K) RETIREMENT PLAN

Name: ZIMMERMAN LAURENT AND RICHARDSON INC - ZIMMERMAN, LAURENT AND RICHARDSON, INC. 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: ZIMMERMAN LAURENT AND RICHARDSON INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZIMMERMAN, LAURENT AND RICHARDSON, INC. 401(K) RETIREMENT PLAN, ZIMMERMAN LAURENT AND RICHARDSON INC

ZIMMERMAN LAURENT AND RICHARDSON INCEIN 42-1296863Plan #001PY 2019

303 WATSON POWELL JR. WAY, SUITE, 100 - DES MOINES, IA 50309515-244-4456LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

-17.0% from 2018

Total participants

-35.7% from 2018

Average account balance

$122,632

+34.9% from 2018

Annual return

19.75%

+27.37 pp from 2018

Benchmarks

See 119,339 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,339 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.58M

Not enough data

1 years with asset history on file

Average account balance

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

$218K

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.

131.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$304K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+17.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30652

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 codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$70934 / participant

Other / not subdivided$1M100.0%

% of EOY assets

54.228%

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

$122,632

$157,296-22.0%

$141,191-13.1%

$152,897-19.8%

Participation rate

86.7%

84.8%+1.8pp

82.5%+4.2pp

Annual return

19.75%

64.34%-44.6pp

71.41%-51.7pp

345.43%-325.7pp

Employer contribution / active EE

$3,976

$5,262-24.4%

$4,736-16.0%

$4,764-16.5%

Participant deferral / active EE

$8,953

$7,111+25.9%

$6,710+33.4%

$5,851+53.0%

Admin fee / account holder

$66,500

$12,125+448.5%

$10,264+547.9%

$11,599+473.3%

ZIMMERMAN, LAURENT AND RICHARDSON, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZIMMERMAN, LAURENT AND RICHARDSON, INC. 401(K) RETIREMENT 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