Retirement plan

JBWK EMPLOYEE 401K PLAN

Name: JONES BLECHMAN WOLTZ & KELLY PC - JBWK EMPLOYEE 401K PLAN (2018) Form 5500
Creator: JONES BLECHMAN WOLTZ & KELLY PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JBWK EMPLOYEE 401K PLAN, JONES BLECHMAN WOLTZ & KELLY PC

JONES BLECHMAN WOLTZ & KELLY PCEIN 54-1003597Plan #001PY 2018

701 TOWN CENTER DRIVE - NEWPORT NEWS, VA 23606757-873-8000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.2M

-3.9% from 2017

Total participants

-6.6% from 2017

Average account balance

$95,133

+3.1% from 2017

Annual return

-4.29%

-19.60 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$170K

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$57K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$490586

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 codes2E2F2G2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$163K

$3699 / participant

Other / not subdivided$163K100.0%

% of EOY assets

3.110%

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

$95,133

$77,817+22.3%

$123,553-23.0%

$64,173+48.2%

Participation rate

95.5%

74.7%+20.7pp

82.3%+13.2pp

69.6%+25.9pp

Annual return

-4.29%

12.49%-16.8pp

119.21%-123.5pp

7.63%-11.9pp

Employer contribution / active EE

$1,423

$3,014-52.8%

$4,628-69.3%

$2,381-40.2%

Participant deferral / active EE

$2,739

$5,240-47.7%

$6,426-57.4%

$3,470-21.1%

Admin fee / account holder

$2,959

$5,519-46.4%

$9,284-68.1%

$4,887-39.5%

JBWK EMPLOYEE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JBWK EMPLOYEE 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