Retirement plan

MORRIS, LAING, EVANS, BROCK & KENNEDY, CHARTERED, 401(K) PROFIT SHARING PLAN

Name: MORRIS, LAING, EVANS, BROCK & KENNEDY CHRTD - MORRIS, LAING, EVANS, BROCK & KENNEDY, CHARTERED, 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: MORRIS, LAING, EVANS, BROCK & KENNEDY CHRTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORRIS, LAING, EVANS, BROCK & KENNEDY, CHARTERED, 401(K) PROFIT SHARING PLAN, MORRIS, LAING, EVANS, BROCK & KENNEDY CHRTD

MORRIS, LAING, EVANS, BROCK & KENNEDY CHRTDEIN 48-0770887Plan #001PY 2016

300 N MEAD ST STE 200 - WICHITA, KS 672022745316-262-2671

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.3M

No prior year

Total participants

No prior year

Average account balance

$143,233

No prior year

Annual return

6.99%

No prior year

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.48M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

134.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$542K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15825

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 codes2E2F2G2J2T

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.

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

$1.5M

$23677 / participant

Other / not subdivided$1M100.0%

% of EOY assets

11.918%

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

$143,233

$76,551+87.1%

$123,894+15.6%

$62,881+127.8%

Participation rate

96.8%

73.0%+23.8pp

81.4%+15.4pp

69.3%+27.5pp

Annual return

6.99%

18.68%-11.7pp

47.52%-40.5pp

20.14%-13.2pp

Employer contribution / active EE

$3,792

$2,882+31.5%

$4,617-17.9%

$2,281+66.2%

Participant deferral / active EE

$6,729

$4,840+39.0%

$5,984+12.4%

$3,203+110.1%

Admin fee / account holder

$17,070

$4,826+253.7%

$8,357+104.3%

$4,296+297.4%

MORRIS, LAING, EVANS, BROCK & KENNEDY, CHARTERED, 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORRIS, LAING, EVANS, BROCK & KENNEDY, CHARTERED, 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