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 (2018) 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 2018

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

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$66.5M

-12.4% from 2017

Total participants

272

-3.5% from 2017

Average account balance

$251,012

-9.4% from 2017

Annual return

-4.85%

-21.93 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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
XML FINANCIAL GROUP1 year Service code 27 · EIN 81-3654175	Advisory (Plan)	$40,500
CHERRY BEKAERT LLP2 years Service code 10 · EIN 56-0574444	Accounting	$17,000
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	-$41,346

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$16K

$90 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.024%

all-in expense ratio

Categories reported

0 / 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: BAKERTILLY LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$251,012

$73,102+243.4%

$123,552+103.2%

$56,287+346.0%

Participation rate

96.1%

74.3%+21.8pp

82.3%+13.8pp

69.9%+26.2pp

Annual return

-4.85%

3.01%-7.9pp

119.20%-124.1pp

-9.96%+5.1pp

Employer contribution / active EE

$10,744

$2,977+260.9%

$4,628+132.1%

$2,111+408.9%

Participant deferral / active EE

$9,906

$5,423+82.7%

$6,426+54.2%

$3,350+195.7%

Admin fee / account holder

$61

$554-89.0%

$9,285-99.3%

$521-88.3%

Provider

Service type

Compensation

XML FINANCIAL GROUP1 year

Service code 27 · EIN 81-3654175

Advisory (Plan)

$40,500

CHERRY BEKAERT LLP2 years

Service code 10 · EIN 56-0574444

Accounting

$17,000

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$41,346

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