Retirement plan

TYDINGS & ROSENBERG LLP 401(K) PROFIT SHARING PLAN

Name: TYDINGS & ROSENBERG LLP - TYDINGS & ROSENBERG LLP 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: TYDINGS & ROSENBERG LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TYDINGS & ROSENBERG LLP 401(K) PROFIT SHARING PLAN, TYDINGS & ROSENBERG LLP

TYDINGS & ROSENBERG LLPEIN 52-0694081Plan #002PY 2017

ONE EAST PRATT STREET, STE 901 - BALTIMORE, MD 21202410-752-9700tydingslaw.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$51M

+16.5% from 2016

Total participants

-12.4% from 2016

Average account balance

$554,039

+33.0% from 2016

Annual return

21.60%

+19.36 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.85M

Not enough data

1 years with asset history on file

Average account balance

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

$688K

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.

197.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$864K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+11.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39380

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

Top 4 by compensation

Provider	Service type	Compensation
D. F. DENT & COMPANY, INC.3+ years Filed as: DF DENT AND COMPANY, INC. Service code 28 400 EAST PRATT STREET, 7TH FLOOR · BALTIMORE, MD 21202	Investment Management	$171,233
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY WEALTH MGMT., LLC Service code 26 650 SOUTH EXETER ST., SUITE 1100 · BALTIMORE, MD 21202	Advisory (Participants)	$46,774
CDM RETIREMENT CONSULTANTS, INC.3+ years Service code 15 300 E. JOPPA RD., STE 601 · TOWSON, MD 21286	Recordkeeping	$38,944
SC&H ATTEST SERVICES, P.C.1 year Service code 10 910 RIDGEBROOK, RD. · SPARKS, MD 21152	Accounting	$15,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$275K

$5733 / participant

Investment mgmt$218K79.2%
Other / not subdivided$57K20.8%

% of EOY assets

0.540%

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: SC&H ATTEST SERVICES, P.C.
Auditor EIN: 521743645
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$554,039

$85,766+546.0%

$136,298+306.5%

$70,126+690.1%

Participation rate

100.0%

74.2%+25.8pp

81.9%+18.1pp

69.5%+30.5pp

Annual return

21.60%

31.46%-9.9pp

5156.27%-5134.7pp

73.15%-51.6pp

Employer contribution / active EE

$6,621

$2,966+123.2%

$4,696+41.0%

$2,343+182.7%

Participant deferral / active EE

$9,826

$5,051+94.5%

$6,247+57.3%

$3,332+194.9%

Admin fee / account holder

$2,991

$5,421-44.8%

$9,244-67.6%

$4,645-35.6%

Provider

Service type

Compensation

D. F. DENT & COMPANY, INC.3+ years

Filed as: DF DENT AND COMPANY, INC.

Service code 28

400 EAST PRATT STREET, 7TH FLOOR · BALTIMORE, MD 21202

Investment Management

$171,233

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY WEALTH MGMT., LLC

Service code 26

650 SOUTH EXETER ST., SUITE 1100 · BALTIMORE, MD 21202

Advisory (Participants)

$46,774

CDM RETIREMENT CONSULTANTS, INC.3+ years

Service code 15

300 E. JOPPA RD., STE 601 · TOWSON, MD 21286

Recordkeeping

$38,944

SC&H ATTEST SERVICES, P.C.1 year

Service code 10

910 RIDGEBROOK, RD. · SPARKS, MD 21152

Accounting

$15,000

TYDINGS & ROSENBERG LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TYDINGS & ROSENBERG LLP 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