Retirement plan

SHOOK, HARDY & BACON 401(K) PROFIT SHARING PLAN

Name: SHOOK, HARDY & BACON L.L.P. - SHOOK, HARDY & BACON 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: SHOOK, HARDY & BACON L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHOOK, HARDY & BACON 401(K) PROFIT SHARING PLAN, SHOOK, HARDY & BACON L.L.P.

SHOOK, HARDY & BACON L.L.P.EIN 44-0585497Plan #001PY 2015

2555 GRAND BOULEVARD - KANSAS CITY, MO 64108816-474-6550shb.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$212.0M assets #003Retirement-$545K assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$117.9M

-9.2% from 2016

Total participants

1,355

-1.3% from 2016

Average account balance

$87,825

-7.6% from 2016

Annual return

0.45%

-7.27 pp from 2016

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$650.78M

Not enough data

1 years with asset history on file

Average account balance

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

$360K

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.

1,806

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+13.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$201

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
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Service code 12 · EIN 13-3689044	Direct payment from the plan; Finders...	$78,288
YUKON WEALTH MANAGEMENT INC1+ years Filed as: YUKON WEALTH MANAGEMENT INC. Service code 33 · EIN 48-1156653	Securities brokerage commissions and ...	$6,085
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$3,388
NATIONAL FINANCIAL SERVICES1+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2R2T

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$79K

$73 / participant

Other / not subdivided$79K100.0%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,825

$86,791+1.2%

$115,038-23.7%

$59,188+48.4%

Participation rate

98.9%

72.8%+26.0pp

81.4%+17.5pp

69.4%+29.5pp

Annual return

0.45%

4.44%-4.0pp

26.14%-25.7pp

5.51%-5.1pp

Employer contribution / active EE

$219

$2,950-92.6%

$4,608-95.2%

$2,098-89.5%

Participant deferral / active EE

$8,239

$5,298+55.5%

$6,026+36.7%

$3,265+152.4%

Admin fee / account holder

$59

$95-38.3%

$8,175-99.3%

$92-36.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Service code 12 · EIN 13-3689044

Direct payment from the plan; Finders...

$78,288

YUKON WEALTH MANAGEMENT INC1+ years

Filed as: YUKON WEALTH MANAGEMENT INC.

Service code 33 · EIN 48-1156653

Securities brokerage commissions and ...

$6,085

CHARLES SCHWAB & CO., INC.1+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$3,388

NATIONAL FINANCIAL SERVICES1+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

SHOOK, HARDY & BACON 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHOOK, HARDY & BACON 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