Retirement plan

FLETCHER, HEALD & HILDRETH 401(K) PLAN FOR OF COUNSEL EMPLOYEES

Name: FLETCHER, HEALD & HILDRETH, P.L.C. - FLETCHER, HEALD & HILDRETH 401(K) PLAN FOR OF COUNSEL EMPLOYEES (2022) Form 5500
Creator: FLETCHER, HEALD & HILDRETH, P.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLETCHER, HEALD & HILDRETH 401(K) PLAN FOR OF COUNSEL EMPLOYEES, FLETCHER, HEALD & HILDRETH, P.L.C.

FLETCHER, HEALD & HILDRETH, P.L.C.EIN 53-0185297Plan #004PY 2022

1300 17TH STREET NORTH, SUITE 1100 - ARLINGTON, VA 222093801703-812-0437fhhlaw.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#003Retirement-$13.4M assets

Prospect flagsLow participationHigh assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$3.6M

-16.1% from 2021

Total participants

-11.1% from 2021

Average account balance

$593,932

-16.1% from 2021

Annual return

-16.84%

-182.12 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.83M

Not enough data

1 years with asset history on file

Average account balance

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

$966K

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.

500.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17666

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 codes2E2F2G2J

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1K

$342 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.038%

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

$593,932

$138,114+330.0%

$125,391+373.7%

$134,545+341.4%

Participation rate

50.0%

84.5%-34.5pp

82.4%-32.4pp

81.2%-31.2pp

Annual return

-16.84%

750.88%-767.7pp

572.41%-589.3pp

418.37%-435.2pp

Employer contribution / active EE

$51

$5,246-99.0%

$4,816-98.9%

$4,742-98.9%

Participant deferral / active EE

$7,350

$7,801-5.8%

$7,448-1.3%

$6,401+14.8%

Admin fee / account holder

$228

$11,570-98.0%

$10,009-97.7%

$11,431-98.0%

FLETCHER, HEALD & HILDRETH 401(K) PLAN FOR OF COUNSEL EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLETCHER, HEALD & HILDRETH 401(K) PLAN FOR OF COUNSEL EMPLOYEES

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