Retirement plan

BOYD, KENTER, THOMAS & PARRISH, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: BOYD, KENTER, THOMAS & PARRISH, LLC - BOYD, KENTER, THOMAS & PARRISH, LLC 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: BOYD, KENTER, THOMAS & PARRISH, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYD, KENTER, THOMAS & PARRISH, LLC 401(K) PROFIT SHARING PLAN AND TRUST, BOYD, KENTER, THOMAS & PARRISH, LLC

BOYD, KENTER, THOMAS & PARRISH, LLCEIN 46-2886289Plan #001PY 2016

PO BOX 1099, 221 WEST LEXINGTON AVENUE, STE. 200 - INDEPENDENCE, MO 64051816-471-4511bktplaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.8M

+14.3% from 2015

Total participants

+5.6% from 2015

Average account balance

$197,386

+8.3% from 2015

Annual return

6.06%

+7.43 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.07M

Not enough data

1 years with asset history on file

Average account balance

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

$217K

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.

121.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$187K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61564

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

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

$93K

$4920 / participant

Other / not subdivided$93K100.0%

% of EOY assets

2.492%

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

$197,386

$135,956+45.2%

$123,894+59.3%

$273,972-28.0%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

6.06%

56.63%-50.6pp

47.52%-41.5pp

41.46%-35.4pp

Employer contribution / active EE

$10,439

$5,170+101.9%

$4,617+126.1%

$4,869+114.4%

Participant deferral / active EE

$7,205

$6,343+13.6%

$5,984+20.4%

$5,287+36.3%

Admin fee / account holder

$4,920

$9,817-49.9%

$8,357-41.1%

$10,133-51.4%

BOYD, KENTER, THOMAS & PARRISH, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYD, KENTER, THOMAS & PARRISH, LLC 401(K) PROFIT SHARING PLAN AND TRUST

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