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 (2016) 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 2016

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

Other plans on this EIN

2 filings

#002Retirement-$229.8M assets #003Retirement-$508K assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$129.9M

-9.2% from 2016

Total participants

1,373

-1.3% from 2016

Average account balance

$95,069

-7.6% from 2016

Annual return

7.72%

-7.27 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort664 peers

Snapshot2016

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Participant communication; Shareholde...	$116,301
FLEXIBLE PLAN INVESTMENTS LTD1 year Service code 33 · EIN 38-2340348	Securities brokerage commissions and ...	$7,791
YUKON WEALTH MANAGEMENT INC2+ years Filed as: YUKON WEALTH MANAGEMENT INC. Service code 33 · EIN 48-1156653	Securities brokerage commissions and ...	$6,613
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$3,271
NATIONAL FINANCIAL SERVICES2+ 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

$116K

$107 / participant

Other / not subdivided$116K100.0%

% of EOY assets

0.089%

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

$95,069

$85,635+11.0%

$123,894-23.3%

$63,975+48.6%

Participation rate

99.4%

74.9%+24.4pp

81.4%+17.9pp

71.1%+28.2pp

Annual return

7.72%

15.74%-8.0pp

47.52%-39.8pp

48.65%-40.9pp

Employer contribution / active EE

$302

$3,076-90.2%

$4,617-93.5%

$2,182-86.2%

Participant deferral / active EE

$8,894

$5,667+56.9%

$5,984+48.6%

$3,356+165.0%

Admin fee / account holder

$85

$75+13.1%

$8,357-99.0%

$70+20.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Participant communication; Shareholde...

$116,301

FLEXIBLE PLAN INVESTMENTS LTD1 year

Service code 33 · EIN 38-2340348

Securities brokerage commissions and ...

$7,791

YUKON WEALTH MANAGEMENT INC2+ years

Filed as: YUKON WEALTH MANAGEMENT INC.

Service code 33 · EIN 48-1156653

Securities brokerage commissions and ...

$6,613

CHARLES SCHWAB & CO., INC.2+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$3,271

NATIONAL FINANCIAL SERVICES2+ 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