Retirement plan

WILLCOX AND SAVAGE, P.C. ASSOCIATES 401K PLAN

Name: WILLCOX AND SAVAGE, P.C. - WILLCOX AND SAVAGE, P.C. ASSOCIATES 401K PLAN (2017) Form 5500
Creator: WILLCOX AND SAVAGE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLCOX AND SAVAGE, P.C. ASSOCIATES 401K PLAN, WILLCOX AND SAVAGE, P.C.

WILLCOX AND SAVAGE, P.C.EIN 54-0976999Plan #002PY 2017

440 MONTICELLO AVENUE, SUITE 2200 - NORFOLK, VA 23510757-628-5500willcoxsavage.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$64.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$3.1M

+26.6% from 2016

Total participants

+4.3% from 2016

Average account balance

$66,509

+23.9% from 2016

Annual return

19.69%

+10.46 pp from 2016

Benchmarks

See 114,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,331 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.29M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

89.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$211K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+17.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3405

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 codes2E2F2G2J2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$175

$9 / participant

Other / not subdivided$175100.0%

% of EOY assets

0.006%

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

$66,509

$150,442-55.8%

$136,295-51.2%

$147,585-54.9%

Participation rate

90.0%

84.4%+5.6pp

81.9%+8.1pp

82.8%+7.2pp

Annual return

19.69%

1049.09%-1029.4pp

5155.97%-5136.3pp

578.56%-558.9pp

Employer contribution / active EE

$5,256-100.0%

$4,695-100.0%

$4,876-100.0%

Participant deferral / active EE

$8,518

$6,630+28.5%

$6,247+36.4%

$5,439+56.6%

Admin fee / account holder

$10,905-100.0%

$9,243-100.0%

$10,885-100.0%

WILLCOX AND SAVAGE, P.C. ASSOCIATES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLCOX AND SAVAGE, P.C. ASSOCIATES 401K 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