Retirement plan

WATT, TIEDER, HOFFAR & FITZGERALD, LLP PROFIT SHARING PLAN

Name: WATT, TIEDER, HOFFAR & FITZGERALD, LLP - WATT, TIEDER, HOFFAR & FITZGERALD, LLP PROFIT SHARING PLAN (2017) Form 5500
Creator: WATT, TIEDER, HOFFAR & FITZGERALD, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATT, TIEDER, HOFFAR & FITZGERALD, LLP PROFIT SHARING PLAN, WATT, TIEDER, HOFFAR & FITZGERALD, LLP

WATT, TIEDER, HOFFAR & FITZGERALD, LLPEIN 54-1065705Plan #002PY 2017

1765 GREENSBORO STATION PLACE,, SUITE 1000 - MCLEAN, VA 22102703-749-1000watttieder.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$28.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.1M

+17.4% from 2016

Total participants

-14.7% from 2016

Average account balance

$229,391

+32.3% from 2016

Annual return

16.69%

+5.29 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

$31.16M

Not enough data

1 years with asset history on file

Average account balance

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

$433K

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.

81.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$855K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2888

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 4 by compensation

Provider	Service type	Compensation
HUNTER MICHAEL INVESTMENT ADVISORS3+ years Filed as: HUNTER-MICHAEL INVESTMENT ADVISORS Service code 27 · EIN 54-1870462	Advisory (Plan)	$6,452
NEWPORT GROUP, INC.3+ years Filed as: NEWPORT GROUP Service code 15 · EIN 62-1868111	Recordkeeping	$5,733
ACTUARIAL BENEFITS CORP3+ years Filed as: ACTUARIAL CONSULTING GROUP Service code 13 · EIN 54-1437648	Contract Administrator	$3,673
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 18 · EIN 94-1737782	Custodial (securities); Custodial (ot...	$0

Plan features & details

Pension benefit codes2A2E2F2G2T3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$10K

$212 / participant

Contract admin$10K100.0%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

1 / 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: BAKER TILLY VIRCHOW KRAUSE LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$229,391

$85,766+167.5%

$136,298+68.3%

$70,126+227.1%

Participation rate

95.8%

74.2%+21.7pp

81.9%+13.9pp

69.5%+26.3pp

Annual return

16.69%

31.46%-14.8pp

5156.27%-5139.6pp

73.15%-56.5pp

Employer contribution / active EE

$14,455

$2,966+387.4%

$4,696+207.8%

$2,343+517.1%

Participant deferral / active EE

$5,051-100.0%

$6,247-100.0%

$3,332-100.0%

Admin fee / account holder

$129

$5,421-97.6%

$9,244-98.6%

$4,645-97.2%

Provider

Service type

Compensation

HUNTER MICHAEL INVESTMENT ADVISORS3+ years

Filed as: HUNTER-MICHAEL INVESTMENT ADVISORS

Service code 27 · EIN 54-1870462

Advisory (Plan)

$6,452

NEWPORT GROUP, INC.3+ years

Filed as: NEWPORT GROUP

Service code 15 · EIN 62-1868111

Recordkeeping

$5,733

ACTUARIAL BENEFITS CORP3+ years

Filed as: ACTUARIAL CONSULTING GROUP

Service code 13 · EIN 54-1437648

Contract Administrator

$3,673

NEWPORT GROUP, INC.2 years

Filed as: NEWPORT TRUST COMPANY

Service code 18 · EIN 94-1737782

Custodial (securities); Custodial (ot...

WATT, TIEDER, HOFFAR & FITZGERALD, LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATT, TIEDER, HOFFAR & FITZGERALD, LLP PROFIT SHARING 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