Retirement plan

GLW PROFIT SHARING & EMPLOYEE SAVINGS PLAN

Name: GUTSCHICK, LITTLE & WEBER, P.A. - GLW PROFIT SHARING & EMPLOYEE SAVINGS PLAN (2017) Form 5500
Creator: GUTSCHICK, LITTLE & WEBER, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLW PROFIT SHARING & EMPLOYEE SAVINGS PLAN, GUTSCHICK, LITTLE & WEBER, P.A.

GUTSCHICK, LITTLE & WEBER, P.A.EIN 52-1449997Plan #001PY 2017

3909 NATIONAL DRIVE, SUITE 250 - BURTONSVILLE, MD 20866301-421-4024

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$15.9M

+23.1% from 2016

Total participants

-9.9% from 2016

Average account balance

$252,038

+38.7% from 2016

Annual return

20.53%

+10.97 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.22M

Not enough data

1 years with asset history on file

Average account balance

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

$457K

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.

155.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$363K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+18.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1765

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$100K

$2040 / participant

Other / not subdivided$100K100.0%

% of EOY assets

0.630%

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

$252,038

$85,766+193.9%

$136,298+84.9%

$70,126+259.4%

Participation rate

98.0%

74.2%+23.8pp

81.9%+16.0pp

69.5%+28.4pp

Annual return

20.53%

31.46%-10.9pp

5156.27%-5135.7pp

73.15%-52.6pp

Employer contribution / active EE

$3,673

$2,966+23.9%

$4,696-21.8%

$2,343+56.8%

Participant deferral / active EE

$5,161

$5,051+2.2%

$6,247-17.4%

$3,332+54.9%

Admin fee / account holder

$1,587

$5,421-70.7%

$9,244-82.8%

$4,645-65.8%

GLW PROFIT SHARING & EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLW PROFIT SHARING & EMPLOYEE SAVINGS 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