Retirement plan

ROUSE, P.C. SAVINGS & PROFIT SHARING PLAN

Name: ROUSE FRETS WHITE GOSS GENTILE RHODES, P.C. - ROUSE, P.C. SAVINGS & PROFIT SHARING PLAN (2023) Form 5500
Creator: ROUSE FRETS WHITE GOSS GENTILE RHODES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROUSE, P.C. SAVINGS & PROFIT SHARING PLAN, ROUSE FRETS WHITE GOSS GENTILE RHODES, P.C.

ROUSE FRETS WHITE GOSS GENTILE RHODES, P.C.EIN 43-1706479Plan #003PY 2023

5250 W. 116TH PLACE, SUITE 400 - LEAWOOD, KS 66211913-387-1600rousepc.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$31.6M

+8.0% from 2022

Total participants

143

+10.0% from 2022

Average account balance

$221,003

-1.8% from 2022

Annual return

14.13%

+28.32 pp from 2022

Benchmarks

See 28,703 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,703 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.04M

Not enough data

1 years with asset history on file

Average account balance

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

$256K

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.

137

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.

95.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$583

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVOSORS Service code 27 PO BOX 66535 · SAINT LOUIS, MO 63166	Advisory (Plan)	$25,072
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB & CO., INC Service code 27 EL PASO OPERATION CENTER · EL PASO, TX 79998	Advisory (Plan)	$19,521
TD AMERITRADE, INC.4 years Filed as: TD AMERITRADE Service code 27 200 SOUTH 108TH AVENUE · OMAHA, NE 68154	Advisory (Plan)	$13,068
UBS FINANCIAL SERVICES INC5 years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166 1285 AVENUE OF THE AMERICAS · NEW YORK, NY 10019	Advisory (Plan)	$8,816

Plan features & details

Pension benefit codes2E2F2T2J2K2R2G3D

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.
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.
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

3 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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$73K

$868 / participant

Recordkeeping$6250.9%
Investment mgmt$71K97.0%
Contract admin$2K2.2%

% of EOY assets

0.231%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARKS NELSON LLC
Auditor EIN: 481238645
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$221,003

$93,617+136.1%

$135,982+62.5%

$75,177+194.0%

Participation rate

100.0%

75.2%+24.8pp

81.9%+18.1pp

67.2%+32.8pp

Annual return

14.13%

30.89%-16.8pp

68.32%-54.2pp

160.75%-146.6pp

Employer contribution / active EE

$6,682

$3,538+88.9%

$4,859+37.5%

$2,671+150.2%

Participant deferral / active EE

$12,007

$6,406+87.4%

$7,760+54.7%

$4,126+191.0%

Admin fee / account holder

$510

$6,980-92.7%

$10,767-95.3%

$5,651-91.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO ADVOSORS

Service code 27

PO BOX 66535 · SAINT LOUIS, MO 63166

Advisory (Plan)

$25,072

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB & CO., INC

Service code 27

EL PASO OPERATION CENTER · EL PASO, TX 79998

Advisory (Plan)

$19,521

TD AMERITRADE, INC.4 years

Filed as: TD AMERITRADE

Service code 27

200 SOUTH 108TH AVENUE · OMAHA, NE 68154

Advisory (Plan)

$13,068

UBS FINANCIAL SERVICES INC5 years

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

1285 AVENUE OF THE AMERICAS · NEW YORK, NY 10019

Advisory (Plan)

$8,816

ROUSE, P.C. SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROUSE, P.C. SAVINGS & 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