Retirement plan

SPIVA LAW GROUP, P.C. RETIREMENT PLAN

Name: SPIVA LAW GROUP, P.C. - SPIVA LAW GROUP, P.C. RETIREMENT PLAN (2017) Form 5500
Creator: SPIVA LAW GROUP, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPIVA LAW GROUP, P.C. RETIREMENT PLAN, SPIVA LAW GROUP, P.C.

SPIVA LAW GROUP, P.C.EIN 45-4184841Plan #001PY 2017

1137 MOHAWK STREET - SAVANNAH, GA 31419912-920-2000spivalaw.comLinkedIn11-50 employeeslegal services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+14.9% from 2016

Total participants

+10.0% from 2016

Average account balance

$111,050

+4.4% from 2016

Annual return

7.91%

-7.21 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.02M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$81K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70811

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

Top 8 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$3,209
QUALIFIED PLANS, LLC1 year Service code 13 · EIN 58-2605083	Contract Administrator	$190
AMERICAN CENTURY1 year Service code 52 · EIN 77-0273954	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 76-0343427	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52	Indirect Investment Fees	$0
NAN P. MARSHALL1 year Service code 53 15 MULLBERRY BLUFF DR · SAVANNAH, GA 31406	Insurance Commissions	$0
OPPENHEIMER1 year Service code 52 · EIN 84-6615607	Indirect Investment Fees	$0
STANLEY BENEFIT SERVICES, INC.1 year Filed as: STANLEY R. DOMINEY Service code 53 200 W FORSYTH ST. STE 600 · JACKSONVILLE, FL 32202	Insurance Commissions	$0

Plan features & details

Pension benefit codes2F2E2J2R2T3D2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
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.
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

$36K

$4503 / participant

Other / not subdivided$36K100.0%

% of EOY assets

2.949%

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

$111,050

$150,447-26.2%

$136,298-18.5%

$147,586-24.8%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

7.91%

1049.15%-1041.2pp

5156.27%-5148.4pp

578.59%-570.7pp

Employer contribution / active EE

$2,314

$5,256-56.0%

$4,696-50.7%

$4,876-52.5%

Participant deferral / active EE

$7,116

$6,631+7.3%

$6,247+13.9%

$5,439+30.8%

Admin fee / account holder

$3,275

$10,906-70.0%

$9,244-64.6%

$10,886-69.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$3,209

QUALIFIED PLANS, LLC1 year

Service code 13 · EIN 58-2605083

Contract Administrator

$190

AMERICAN CENTURY1 year

Service code 52 · EIN 77-0273954

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 76-0343427

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52

Indirect Investment Fees

NAN P. MARSHALL1 year

Service code 53

15 MULLBERRY BLUFF DR · SAVANNAH, GA 31406

Insurance Commissions

OPPENHEIMER1 year

Service code 52 · EIN 84-6615607

Indirect Investment Fees

STANLEY BENEFIT SERVICES, INC.1 year

Filed as: STANLEY R. DOMINEY

Service code 53

200 W FORSYTH ST. STE 600 · JACKSONVILLE, FL 32202

Insurance Commissions

SPIVA LAW GROUP, P.C. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPIVA LAW GROUP, P.C. RETIREMENT 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