Retirement plan

CREATIVE PLANNING LEGAL, P.A. EMPLOYER RETIREMENT CONTRIBUTION PLAN

Name: CREATIVE PLANNING LEGAL, P.A. - CREATIVE PLANNING LEGAL, P.A. EMPLOYER RETIREMENT CONTRIBUTION PLAN (2020) Form 5500
Creator: CREATIVE PLANNING LEGAL, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CREATIVE PLANNING LEGAL, P.A. EMPLOYER RETIREMENT CONTRIBUTION PLAN, CREATIVE PLANNING LEGAL, P.A.

CREATIVE PLANNING LEGAL, P.A.EIN 43-1807084Plan #001PY 2020

5454 W 110TH STREET - OVERLAND PARK, KS 66211913-338-2727creativeplanninglegal.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.7M

+30.3% from 2019

Total participants

+1.9% from 2019

Average account balance

$93,714

+27.7% from 2019

Annual return

17.86%

-14.52 pp from 2019

Benchmarks

See 26,423 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,423 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.20M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

126

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.95M

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

+6.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8044

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 codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$65K

$1356 / participant

Other / not subdivided$65K100.0%

% of EOY assets

1.389%

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

$93,714

$98,760-5.1%

$149,715-37.4%

$79,858+17.4%

Participation rate

93.8%

75.8%+18.0pp

82.5%+11.3pp

69.6%+24.1pp

Annual return

17.86%

27.43%-9.6pp

276.66%-258.8pp

31.72%-13.9pp

Employer contribution / active EE

$3,157

$3,217-1.9%

$4,645-32.0%

$2,471+27.8%

Participant deferral / active EE

$7,339

$5,681+29.2%

$6,842+7.3%

$3,740+96.2%

Admin fee / account holder

$1,301

$6,053-78.5%

$9,310-86.0%

$5,306-75.5%

CREATIVE PLANNING LEGAL, P.A. EMPLOYER RETIREMENT CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CREATIVE PLANNING LEGAL, P.A. EMPLOYER RETIREMENT CONTRIBUTION 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