Retirement plan

SHULMAN, ROGERS, GANDAL, PORDY & ECKER, P.A. RETIREMENT PLAN

Name: SHULMAN ROGERS GANDAL PORDY & ECKER P A - SHULMAN, ROGERS, GANDAL, PORDY & ECKER, P.A. RETIREMENT PLAN (2016) Form 5500
Creator: SHULMAN ROGERS GANDAL PORDY & ECKER P A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHULMAN, ROGERS, GANDAL, PORDY & ECKER, P.A. RETIREMENT PLAN, SHULMAN ROGERS GANDAL PORDY & ECKER P A

SHULMAN ROGERS GANDAL PORDY & ECKER P AEIN 52-1008944Plan #001PY 2016

12505 PARK POTOMAC AVENUE, 6TH FLOOR - POTOMAC, MD 20854301-230-5233shulmanrogers.comLinkedIn201-500 employeeslegal services

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$67.4M

+8.5% from 2015

Total participants

273

+0.7% from 2015

Average account balance

$255,390

+6.9% from 2015

Annual return

8.92%

+9.24 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$116.40M

Not enough data

1 years with asset history on file

Average account balance

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

$395K

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.

295

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$257

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 3 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 27 · EIN 95-2834236	Advisory (Plan)	$40,000
CHERRY BEKAERT LLP1 year Filed as: CHERRY BEKAERT, LLP Service code 10 · EIN 56-6574444	Accounting	$10,000
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	-$68,809

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$255,390

$75,183+239.7%

$123,894+106.1%

$55,167+362.9%

Participation rate

95.6%

72.8%+22.8pp

81.4%+14.2pp

69.0%+26.6pp

Annual return

8.92%

19.01%-10.1pp

47.52%-38.6pp

169.23%-160.3pp

Employer contribution / active EE

$10,020

$2,823+254.9%

$4,617+117.0%

$1,963+410.5%

Participant deferral / active EE

$8,234

$5,084+61.9%

$5,984+37.6%

$3,054+169.6%

Admin fee / account holder

-$63

$663-109.5%

$8,357-100.8%

$504-112.5%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 27 · EIN 95-2834236

Advisory (Plan)

$40,000

CHERRY BEKAERT LLP1 year

Filed as: CHERRY BEKAERT, LLP

Service code 10 · EIN 56-6574444

Accounting

$10,000

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$68,809

SHULMAN, ROGERS, GANDAL, PORDY & ECKER, P.A. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHULMAN, ROGERS, GANDAL, PORDY & ECKER, P.A. 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