Retirement plan

SMITH & BOUCHER, INC. 401(K) PROFIT SHARING PLAN

Name: SMITH & BOUCHER, INC. - SMITH & BOUCHER, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SMITH & BOUCHER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMITH & BOUCHER, INC. 401(K) PROFIT SHARING PLAN, SMITH & BOUCHER, INC.

SMITH & BOUCHER, INC.EIN 43-1127208Plan #003PY 2019

25501 W VALLEY PARKWAY, SUITE 200 - OLATHE, KS 66061913-345-2127smithboucher.comLinkedIn11-50 employeesdesign

Other plans on this EIN

1 filing

#001Retirement-$3.2M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$7M

+2.1% from 2018

Total participants

+14.3% from 2018

Average account balance

$113,013

+3.7% from 2018

Annual return

10.04%

+9.97 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.70M

Not enough data

1 years with asset history on file

Average account balance

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

$213K

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.

144.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$521K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6401

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 codes2E2F2G2J3D

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.
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

$1.4M

$23406 / participant

Other / not subdivided$1M100.0%

% of EOY assets

19.709%

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

$113,013

$89,370+26.5%

$141,197-20.0%

$72,976+54.9%

Participation rate

83.1%

75.1%+7.9pp

82.5%+0.6pp

69.5%+13.6pp

Annual return

10.04%

111.88%-101.8pp

71.41%-61.4pp

81.02%-71.0pp

Employer contribution / active EE

$6,957

$3,115+123.3%

$4,736+46.9%

$2,440+185.1%

Participant deferral / active EE

$7,095

$5,419+30.9%

$6,710+5.7%

$3,608+96.7%

Admin fee / account holder

$22,273

$5,957+273.9%

$10,265+117.0%

$5,124+334.7%

SMITH & BOUCHER, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMITH & BOUCHER, INC. 401(K) 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