Retirement plan

MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN 2

Name: MILLER & CHEVALIER CHARTERED - MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN 2 (2020) Form 5500
Creator: MILLER & CHEVALIER CHARTERED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN 2, MILLER & CHEVALIER CHARTERED

MILLER & CHEVALIER CHARTEREDEIN 52-1212890Plan #004PY 2020

900 16TH STREET, NW - WASHINGTON, DC 200062901202-626-5800millerchevalier.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

2 filings

#001Retirement-$136.3M assets #002Retirement-$23.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.8M

+24.9% from 2019

Total participants

0.0% from 2019

Average account balance

$167,783

+24.9% from 2019

Annual return

26.97%

-1.71 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.83M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

103

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

$831K

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

+16.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13323

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 codes2F2G2J

Plan features

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.

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

$685K

$28557 / participant

Other / not subdivided$685K100.0%

% of EOY assets

4.642%

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

$167,783

$165,399+1.4%

$149,745+12.0%

$158,982+5.5%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

26.97%

348.34%-321.4pp

276.72%-249.8pp

302.99%-276.0pp

Employer contribution / active EE

$5,105-100.0%

$4,646-100.0%

$4,763-100.0%

Participant deferral / active EE

$18,149

$7,183+152.7%

$6,843+165.2%

$5,983+203.3%

Admin fee / account holder

$7,788

$10,811-28.0%

$9,312-16.4%

$11,252-30.8%

MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN 2

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER & CHEVALIER, CHARTERED CASH OR DEFERRED PROFIT SHARING PLAN 2

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