Retirement plan

BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN

Name: BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN - BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN (2017) Form 5500
Creator: BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN, BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN

BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLANEIN 46-1584018Plan #001PY 2017

6305 IVY LN STE 700 - GREENBELT, MD 207706303301-474-0044brennanmckenna.comLinkedIn1-10 employees

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$849K

+10.6% from 2016

Total participants

-13.3% from 2016

Average account balance

$94,313

+22.9% from 2016

Annual return

15.19%

+10.94 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

$2.28M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

145.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2276

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$96K

$9599 / participant

Other / not subdivided$96K100.0%

% of EOY assets

11.309%

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

$94,313

$150,447-37.3%

$136,298-30.8%

$147,586-36.1%

Participation rate

60.0%

84.4%-24.4pp

81.9%-21.9pp

82.8%-22.8pp

Annual return

15.19%

1049.15%-1034.0pp

5156.27%-5141.1pp

578.59%-563.4pp

Employer contribution / active EE

$2,395

$5,256-54.4%

$4,696-49.0%

$4,876-50.9%

Participant deferral / active EE

$3,643

$6,631-45.1%

$6,247-41.7%

$5,439-33.0%

Admin fee / account holder

$10,666

$10,906-2.2%

$9,244+15.4%

$10,886-2.0%

BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRENNAN MCKENNA MANZI SHAY & LEVAN, CHARTERED CORP. 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