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 (2019) 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 2019

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)

$81.7M

+22.9% from 2018

Total participants

282

+3.7% from 2018

Average account balance

$299,377

+19.3% from 2018

Annual return

23.00%

+27.85 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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 GROUP2 years Service code 27 · EIN 81-3654175	Advisory (Plan)	$39,500
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 · EIN 39-0859910	Accounting	$13,880
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	-$51,869

Plan features & details

Pension benefit codes2J2E2F2G2T3D

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

$2K

$8 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.002%

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

$299,377

$89,652+233.9%

$141,177+112.1%

$65,185+359.3%

Participation rate

95.1%

74.7%+20.3pp

82.5%+12.6pp

70.2%+24.9pp

Annual return

23.00%

32.79%-9.8pp

71.40%-48.4pp

29.38%-6.4pp

Employer contribution / active EE

$10,097

$3,065+229.5%

$4,736+113.2%

$2,177+363.9%

Participant deferral / active EE

$9,915

$5,691+74.2%

$6,710+47.8%

$3,514+182.2%

Admin fee / account holder

$569-99.0%

$10,263-99.9%

$847-99.3%

Provider

Service type

Compensation

XML FINANCIAL GROUP2 years

Service code 27 · EIN 81-3654175

Advisory (Plan)

$39,500

BAKER TILLY US, LLP1 year

Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP

Service code 10 · EIN 39-0859910

Accounting

$13,880

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$51,869

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