Retirement plan

SHAYNE LAUGHLIN INSURANCE AGENCY 401(K) PLAN

Name: SHAYNE LAUGHLIN INSURANCE AGENCY, LLC - SHAYNE LAUGHLIN INSURANCE AGENCY 401(K) PLAN (2019) Form 5500
Creator: SHAYNE LAUGHLIN INSURANCE AGENCY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAYNE LAUGHLIN INSURANCE AGENCY 401(K) PLAN, SHAYNE LAUGHLIN INSURANCE AGENCY, LLC

SHAYNE LAUGHLIN INSURANCE AGENCY, LLCEIN 46-0815944Plan #001PY 2019

4344 LAKE STREET - LAKE CHARLES, LA 70605337-477-7354

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$93K

+88.3% from 2018

Total participants

+16.7% from 2018

Average account balance

$15,540

+88.3% from 2018

Annual return

25.58%

+43.67 pp from 2018

Benchmarks

See 31,989 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,989 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$314K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$246

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 codes2F2G2J2T3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$168 / participant

Other / not subdivided$1K100.0%

% of EOY assets

1.258%

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

$15,540

$184,000-91.6%

$162,185-90.4%

$152,909-89.8%

Participation rate

85.7%

88.5%-2.8pp

87.6%-1.8pp

82.5%+3.3pp

Annual return

25.58%

150.80%-125.2pp

115.61%-90.0pp

345.46%-319.9pp

Employer contribution / active EE

$1,235

$6,370-80.6%

$5,613-78.0%

$4,764-74.1%

Participant deferral / active EE

$3,202

$8,033-60.1%

$7,297-56.1%

$5,851-45.3%

Admin fee / account holder

$196

$13,124-98.5%

$10,844-98.2%

$11,601-98.3%

SHAYNE LAUGHLIN INSURANCE AGENCY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHAYNE LAUGHLIN INSURANCE AGENCY 401(K) 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