Retirement plan

MUDD, MUDD & FITZGERALD, P.A. PROFIT SHARING PLAN

Name: MUDD, MUDD & FITZGERALD, P.A. - MUDD, MUDD & FITZGERALD, P.A. PROFIT SHARING PLAN (2016) Form 5500
Creator: MUDD, MUDD & FITZGERALD, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUDD, MUDD & FITZGERALD, P.A. PROFIT SHARING PLAN, MUDD, MUDD & FITZGERALD, P.A.

MUDD, MUDD & FITZGERALD, P.A.EIN 52-1065090Plan #001PY 2016

107 CENTENNIAL ST, 2ND FLOOR, PO BOX 310 - LA PLATA, MD 20646301-934-9541laplatamdlawfirm.comLinkedIn1-10 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+11.2% from 2015

Total participants

-5.9% from 2015

Average account balance

$115,282

+18.6% from 2015

Annual return

4.36%

+5.18 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.18M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33170

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 codes2E2H2J3D

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.
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

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

$35K

$3520 / participant

Other / not subdivided$35K100.0%

% of EOY assets

2.036%

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

$115,282

$135,956-15.2%

$123,894-7.0%

$273,972-57.9%

Participation rate

90.0%

84.1%+5.9pp

81.4%+8.6pp

83.0%+7.0pp

Annual return

4.36%

56.63%-52.3pp

47.52%-43.2pp

41.46%-37.1pp

Employer contribution / active EE

$4,731

$5,170-8.5%

$4,617+2.5%

$4,869-2.8%

Participant deferral / active EE

$7,539

$6,343+18.9%

$5,984+26.0%

$5,287+42.6%

Admin fee / account holder

$2,347

$9,817-76.1%

$8,357-71.9%

$10,133-76.8%

MUDD, MUDD & FITZGERALD, P.A. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MUDD, MUDD & FITZGERALD, P.A. 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