Retirement plan

GOODELL, DEVRIES, LEECH & DANN LLP 401(K) FOR EQUITY PARTNERS & STAFF PLAN

Name: GOODELL, DEVRIES, LEECH & DANN LLP - GOODELL, DEVRIES, LEECH & DANN LLP 401(K) FOR EQUITY PARTNERS & STAFF PLAN (2017) Form 5500
Creator: GOODELL, DEVRIES, LEECH & DANN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOODELL, DEVRIES, LEECH & DANN LLP 401(K) FOR EQUITY PARTNERS & STAFF PLAN, GOODELL, DEVRIES, LEECH & DANN LLP

GOODELL, DEVRIES, LEECH & DANN LLPEIN 52-1571248Plan #004PY 2017

ONE SOUTH STREET - BALTIMORE, MD 21202410-783-7253gdldlaw.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

2 filings

#001Retirement-$24.7M assets #003Retirement-$4.5M assets

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$12.7M

+25.8% from 2016

Total participants

114

+4.6% from 2016

Average account balance

$114,728

+23.6% from 2016

Annual return

26.09%

+16.74 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

$19.53M

Not enough data

1 years with asset history on file

Average account balance

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

$212K

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.

137.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$610K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+3.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3004

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

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$19,528
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SVCS. Service code 27 · EIN 23-2384840	Advisory (Plan)	$18,594

Plan features & details

Pension benefit codes2F2G2J3D

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.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$38K

$459 / participant

Other / not subdivided$38K100.0%

% of EOY assets

0.299%

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: ELLIN & TUCKER
Auditor EIN: 520959934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$114,728

$85,766+33.8%

$136,298-15.8%

$70,126+63.6%

Participation rate

96.4%

74.2%+22.2pp

81.9%+14.5pp

69.5%+26.8pp

Annual return

26.09%

31.46%-5.4pp

5156.27%-5130.2pp

73.15%-47.1pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,343-100.0%

Participant deferral / active EE

$6,734

$5,051+33.3%

$6,247+7.8%

$3,332+102.1%

Admin fee / account holder

$343

$5,421-93.7%

$9,244-96.3%

$4,645-92.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$19,528

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SVCS.

Service code 27 · EIN 23-2384840

Advisory (Plan)

$18,594

GOODELL, DEVRIES, LEECH & DANN LLP 401(K) FOR EQUITY PARTNERS & STAFF PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOODELL, DEVRIES, LEECH & DANN LLP 401(K) FOR EQUITY PARTNERS & STAFF 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