Retirement plan

THE BRUNGARDT HONOMICHL & COMPANY, P.A. EMPLOYEES RETIREMENT PLAN

Name: BRUNGARDT HONOMICHL & COMPANY, P.A. - THE BRUNGARDT HONOMICHL & COMPANY, P.A. EMPLOYEES RETIREMENT PLAN (2015) Form 5500
Creator: BRUNGARDT HONOMICHL & COMPANY, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE BRUNGARDT HONOMICHL & COMPANY, P.A. EMPLOYEES RETIREMENT PLAN, BRUNGARDT HONOMICHL & COMPANY, P.A.

BRUNGARDT HONOMICHL & COMPANY, P.A.EIN 48-1114342Plan #001PY 2015

7101 COLLEGE BLVD, SUITE 400 - OVERLAND PARK, KS 66210913-663-1900bhcrhodes.comLinkedIn1-10 employees

Prospect flagsLow assets / participantLow fidelity bondFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$3.3M

No prior year

Total participants

182

No prior year

Average account balance

$19,656

No prior year

Annual return

-0.42%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.90M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

211

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$333

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
DEMARS PENSION CONSULTING SERVICES1+ years Service code 10 · EIN 48-0890241	Accounting	$10,086
STRATEGIC FINANCIAL GROUP1+ years Filed as: STEFFES FINANCIAL Service code 26 · EIN 35-1984039	Advisory (Participants)	$7,658
NORTH AMERICAN KTRADE ALLIANCE, LLC1+ years Filed as: NORTH AMERICAN KTRADE ALLIANCE Service code 15 · EIN 32-0169227	Recordkeeping	$7,018
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$235

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

4 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$25K

$195 / participant

Investment mgmt$15K60.5%
Other / not subdivided$10K39.5%

% of EOY assets

0.752%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PICKETT, CHANEY & MCMULLEN, LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,656

$70,002-71.9%

$115,038-82.9%

$52,331-62.4%

Participation rate

89.8%

72.1%+17.7pp

81.4%+8.5pp

68.1%+21.7pp

Annual return

-0.42%

4.04%-4.5pp

26.14%-26.6pp

4.54%-5.0pp

Employer contribution / active EE

$2,242

$2,715-17.4%

$4,608-51.3%

$1,882+19.2%

Participant deferral / active EE

$3,475

$4,920-29.4%

$6,026-42.3%

$3,022+15.0%

Admin fee / account holder

$148

$566-73.9%

$8,175-98.2%

$592-75.0%

Provider

Service type

Compensation

DEMARS PENSION CONSULTING SERVICES1+ years

Service code 10 · EIN 48-0890241

Accounting

$10,086

STRATEGIC FINANCIAL GROUP1+ years

Filed as: STEFFES FINANCIAL

Service code 26 · EIN 35-1984039

Advisory (Participants)

$7,658

NORTH AMERICAN KTRADE ALLIANCE, LLC1+ years

Filed as: NORTH AMERICAN KTRADE ALLIANCE

Service code 15 · EIN 32-0169227

Recordkeeping

$7,018

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

$235

THE BRUNGARDT HONOMICHL & COMPANY, P.A. EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE BRUNGARDT HONOMICHL & COMPANY, P.A. EMPLOYEES 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