Retirement plan

DAVIS, CARTER, SCOTT LTD. 401K PROFIT SHARING PLAN

Name: DAVIS, CARTER, SCOTT LTD. - DAVIS, CARTER, SCOTT LTD. 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: DAVIS, CARTER, SCOTT LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVIS, CARTER, SCOTT LTD. 401K PROFIT SHARING PLAN, DAVIS, CARTER, SCOTT LTD.

DAVIS, CARTER, SCOTT LTD.EIN 54-1173411Plan #001PY 2017

8614 WESTWOOD CENTER DR, SUITE 800 - TYSONS, VA 22182703-556-9275

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$19.6M

+17.3% from 2016

Total participants

124

+11.7% from 2016

Average account balance

$173,205

+10.0% from 2016

Annual return

13.16%

+13.87 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.14M

Not enough data

1 years with asset history on file

Average account balance

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

$241K

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$916K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$821

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

1 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
SHDR IA2+ years Service code 51 · EIN 57-0956597	Investment Mgmt Fees	$29,827
SUNTRUST BANKS, INC.2+ years Filed as: BBANDT Service code 37 · EIN 56-1368984	Loan Processing	$27,619
PRONVEST2+ years Service code 51 · EIN 62-1823351	Investment Mgmt Fees	$19,790
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 63	12b-1 Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2T2H

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$77K

$954 / participant

Investment mgmt$50K64.2%
Other / not subdivided$28K35.8%

% of EOY assets

0.395%

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: ROSS, LANGAN, AND MCKENDREE LLP
Auditor EIN: 540901831
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$173,205

$85,766+102.0%

$136,297+27.1%

$70,124+147.0%

Participation rate

86.4%

74.2%+12.3pp

81.9%+4.5pp

69.5%+16.9pp

Annual return

13.16%

31.45%-18.3pp

5156.19%-5143.0pp

73.14%-60.0pp

Employer contribution / active EE

$4,711

$2,966+58.8%

$4,696+0.3%

$2,342+101.1%

Participant deferral / active EE

$6,556

$5,051+29.8%

$6,247+5.0%

$3,332+96.8%

Admin fee / account holder

$684

$5,420-87.4%

$9,244-92.6%

$4,645-85.3%

Provider

Service type

Compensation

SHDR IA2+ years

Service code 51 · EIN 57-0956597

Investment Mgmt Fees

$29,827

SUNTRUST BANKS, INC.2+ years

Filed as: BBANDT

Service code 37 · EIN 56-1368984

Loan Processing

$27,619

PRONVEST2+ years

Service code 51 · EIN 62-1823351

Investment Mgmt Fees

$19,790

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 63

12b-1 Fees

DAVIS, CARTER, SCOTT LTD. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVIS, CARTER, SCOTT LTD. 401K 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