Retirement plan

HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION RETIREMENT PLAN

Name: HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION - HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION RETIREMENT PLAN (2017) Form 5500
Creator: HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION RETIREMENT PLAN, HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION

HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATIONEIN 54-1438598Plan #001PY 2017

2100 E. CARY ST. - RICHMOND, VA 23223804-771-9580

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$68.5M

+19.4% from 2016

Total participants

204

+1.5% from 2016

Average account balance

$338,929

+18.8% from 2016

Annual return

17.18%

+8.10 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$111.31M

Not enough data

1 years with asset history on file

Average account balance

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

$528K

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.

211

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+14.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$480

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
ACG ADVISORY SERVICES2 years Filed as: ACG ADVISORY SERVICES, INC Service code 27 · EIN 54-1583006	Advisory (Plan)	$48,000
ACTUARIAL BENEFITS CORP1 year Filed as: ACTUARIAL CONSULTING GROUP, INC. Service code 13 · EIN 54-1583006	Contract Administrator	$14,605
KEITER3+ years Service code 10 · EIN 54-1631262	Accounting	$11,250
THE VANGUARD GROUP, INC.3+ years Service code 99	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$74K

$506 / participant

Investment mgmt$74K100.0%

% of EOY assets

0.108%

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: KEITER
Auditor EIN: 541631262
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$338,929

$80,753+319.7%

$136,297+148.7%

$62,293+444.1%

Participation rate

98.6%

73.5%+25.1pp

81.9%+16.7pp

69.5%+29.1pp

Annual return

17.18%

35.83%-18.7pp

5156.19%-5139.0pp

28.90%-11.7pp

Employer contribution / active EE

$8,368

$2,884+190.2%

$4,696+78.2%

$2,042+309.7%

Participant deferral / active EE

$9,803

$5,164+89.8%

$6,247+56.9%

$3,169+209.3%

Admin fee / account holder

$366

$525-30.4%

$9,244-96.0%

$479-23.7%

Provider

Service type

Compensation

ACG ADVISORY SERVICES2 years

Filed as: ACG ADVISORY SERVICES, INC

Service code 27 · EIN 54-1583006

Advisory (Plan)

$48,000

ACTUARIAL BENEFITS CORP1 year

Filed as: ACTUARIAL CONSULTING GROUP, INC.

Service code 13 · EIN 54-1583006

Contract Administrator

$14,605

KEITER3+ years

Service code 10 · EIN 54-1631262

Accounting

$11,250

THE VANGUARD GROUP, INC.3+ years

Service code 99

Other Fees

HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIRSCHLER FLEISCHER, A PROFESSIONAL CORPORATION RETIREMENT 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