Retirement plan

MILLER, ENGEL & TIERNEY, LLP CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Name: MILLER, ENGEL & TIERNEY LLP - MILLER, ENGEL & TIERNEY, LLP CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN (2015) Form 5500
Creator: MILLER, ENGEL & TIERNEY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER, ENGEL & TIERNEY, LLP CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN, MILLER, ENGEL & TIERNEY LLP

MILLER, ENGEL & TIERNEY LLPEIN 52-0855978Plan #001PY 2015

6110 EXECUTIVE BLVD., SUITE 610 - ROCKVILLE, MD 20852301-881-2500

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$938K

No prior year

Total participants

No prior year

Average account balance

$156,291

No prior year

Annual return

-1.59%

No prior year

Benchmarks

See 103,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort103,909 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.32M

Not enough data

1 years with asset history on file

Average account balance

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

$554K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1450

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 codes2E2H2J3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

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

$473K

$78786 / participant

Other / not subdivided$473K100.0%

% of EOY assets

50.410%

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

$156,291

$127,387+22.7%

$115,038+35.9%

$125,389+24.6%

Participation rate

83.3%

84.2%-0.8pp

81.4%+2.0pp

83.2%+0.1pp

Annual return

-1.59%

31.28%-32.9pp

26.14%-27.7pp

282.24%-283.8pp

Employer contribution / active EE

$7,935

$5,166+53.6%

$4,608+72.2%

$4,866+63.1%

Participant deferral / active EE

$4,000

$6,423-37.7%

$6,026-33.6%

$5,352-25.3%

Admin fee / account holder

$78,786

$9,516+727.9%

$8,175+863.7%

$9,541+725.8%

MILLER, ENGEL & TIERNEY, LLP CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER, ENGEL & TIERNEY, LLP CASH OR DEFERRED ARRANGEMENT 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