Retirement plan

CHAS SCHWAB & CO KEOGH PLAN & CUSTODIAL ACCT-PROFIT SHARING

Name: DAVID TURCH & ASSOCIATES - CHAS SCHWAB & CO KEOGH PLAN & CUSTODIAL ACCT-PROFIT SHARING (2019) Form 5500
Creator: DAVID TURCH & ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAS SCHWAB & CO KEOGH PLAN & CUSTODIAL ACCT-PROFIT SHARING, DAVID TURCH & ASSOCIATES

DAVID TURCH & ASSOCIATESEIN 54-0909352Plan #003PY 2019

517 2ND ST NE - WASHINGTON, DC 200024916202-543-3744LinkedIn1-10 employeesgovernment relations

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$3.7M

+14.3% from 2018

Total participants

-33.3% from 2018

Average account balance

$918,033

+71.4% from 2018

Annual return

14.85%

+38.32 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.63M

Not enough data

1 years with asset history on file

Average account balance

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

$926K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+12.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26264

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$183K

$45856 / participant

Other / not subdivided$183K100.0%

% of EOY assets

4.995%

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

$918,033

$157,304+483.6%

$141,197+550.2%

$152,909+500.4%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

14.85%

64.34%-49.5pp

71.41%-56.6pp

345.46%-330.6pp

Employer contribution / active EE

$41,280

$5,263+684.4%

$4,736+771.6%

$4,764+766.5%

Participant deferral / active EE

$7,111-100.0%

$6,710-100.0%

$5,851-100.0%

Admin fee / account holder

$45,856

$12,126+278.2%

$10,265+346.7%

$11,601+295.3%

CHAS SCHWAB & CO KEOGH PLAN & CUSTODIAL ACCT-PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAS SCHWAB & CO KEOGH PLAN & CUSTODIAL ACCT-PROFIT SHARING

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