Retirement plan

PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

Name: PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C. - PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C. 401(K) PROFIT SHARING PLAN AND TRUST, PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C.

PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C.EIN 54-1740034Plan #001PY 2016

P.O. BOX 1080 - LYNCHBURG, VA 24504434-846-2768

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.3M

No prior year

Total participants

No prior year

Average account balance

$288,583

No prior year

Annual return

8.56%

No prior year

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.74M

Not enough data

1 years with asset history on file

Average account balance

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

$310K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$356K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+15.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17550

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 codes2E2J3D2G

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.
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.
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

$275K

$18357 / participant

Other / not subdivided$275K100.0%

% of EOY assets

6.361%

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

$288,583

$135,956+112.3%

$123,894+132.9%

$273,972+5.3%

Participation rate

93.3%

84.1%+9.3pp

81.4%+11.9pp

83.0%+10.3pp

Annual return

8.56%

56.63%-48.1pp

47.52%-39.0pp

41.46%-32.9pp

Employer contribution / active EE

$6,126

$5,170+18.5%

$4,617+32.7%

$4,869+25.8%

Participant deferral / active EE

$9,163

$6,343+44.5%

$5,984+53.1%

$5,287+73.3%

Admin fee / account holder

$18,357

$9,817+87.0%

$8,357+119.7%

$10,133+81.2%

PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETTY, LIVINGSTON, DAWSON & RICHARDS, P.C. 401(K) PROFIT SHARING PLAN AND TRUST

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