Retirement plan

WOMBLE CARLYLE SANDRIDGE & RICE, LLP SAVINGS AND SELF EMPLOYED RETIREMENT PLAN A

Name: WOMBLE CARLYLE SANDRIDGE & RICE, LLP - WOMBLE CARLYLE SANDRIDGE & RICE, LLP SAVINGS AND SELF EMPLOYED RETIREMENT PLAN A (2017) Form 5500
Creator: WOMBLE CARLYLE SANDRIDGE & RICE, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOMBLE CARLYLE SANDRIDGE & RICE, LLP SAVINGS AND SELF EMPLOYED RETIREMENT PLAN A, WOMBLE CARLYLE SANDRIDGE & RICE, LLP

WOMBLE CARLYLE SANDRIDGE & RICE, LLPEIN 56-0308470Plan #002PY 2017

ONE WEST FOURTH STREET - WINSTON-SALEM, NC 27101336-721-3600

Other plans on this EIN

3 filings

#003Retirement-$125.4M assets #006Retirement-$7.7M assets #007Retirement-$7.7M assets

Prospect flagsLow returnsHigh feesHigh assets / participant

Top hat statement on fileNQDC

Filed August 9, 2013

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$293.3M

+6.4% from 2016

Total participants

879

-1.5% from 2016

Average account balance

$346,632

+9.4% from 2016

Annual return

11.23%

+2.86 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$400.75M

Not enough data

1 years with asset history on file

Average account balance

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

$391K

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.

1,024

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO2+ years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$151,658
ARBOR INVESTMENT ADVISORS2+ years Service code 27 · EIN 72-2605557	Advisory (Plan)	$76,494
FIDUCIARYVEST LLC2+ years Service code 27 · EIN 20-2217636	Advisory (Plan)	$50,534
SUNTRUST BANKS, INC.2+ years Filed as: BB&T SCOTT & STRINGFELLOW Service code 28 901 EAST BYRD STREET · RICHMOND, VA 23219	Investment Management	$45,361
STEARNS FINANCIAL SERVICES2+ years Filed as: STEARNS FINANCIAL SERVICES GROUP Service code 28 324 W WENDOVER AVE STE 204 · GREENSBORO, NC 27408	Investment Management	$9,999
FRANKLIN STREET ADVISORS2+ years Service code 28 1450 RALEIGH ROAD · CHAPEL HILL, NC 27574	Investment Management	$5,200
FRANKLIN STREET ADVISORS1 year Filed as: FRANKLIN STREET ADVISORS INC Service code 28 1450 RALEIGH ROAD STE 300 · CHAPEL HILL, NC 27574	Investment Management	$5,200
BMO HARRIS BANK NA2+ years Service code 19 · EIN 36-2085229	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$344K

$506 / participant

Investment mgmt$192K55.9%
Other / not subdivided$152K44.1%

% of EOY assets

0.117%

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: DIXON HUGHES GOODMAN, LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$346,632

$155,795+122.5%

$136,297+154.3%

$69,631+397.8%

Participation rate

95.1%

75.2%+19.9pp

81.9%+13.2pp

70.7%+24.5pp

Annual return

11.23%

232464.33%-232453.1pp

5156.19%-5145.0pp

27571.02%-27559.8pp

Employer contribution / active EE

$7,809

$2,991+161.1%

$4,696+66.3%

$2,032+284.3%

Participant deferral / active EE

$9,195

$5,394+70.5%

$6,247+47.2%

$3,224+185.2%

Admin fee / account holder

$407

$128+217.1%

$9,244-95.6%

$110+268.3%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO2+ years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$151,658

ARBOR INVESTMENT ADVISORS2+ years

Service code 27 · EIN 72-2605557

Advisory (Plan)

$76,494

FIDUCIARYVEST LLC2+ years

Service code 27 · EIN 20-2217636

Advisory (Plan)

$50,534

SUNTRUST BANKS, INC.2+ years

Filed as: BB&T SCOTT & STRINGFELLOW

Service code 28

901 EAST BYRD STREET · RICHMOND, VA 23219

Investment Management

$45,361

STEARNS FINANCIAL SERVICES2+ years

Filed as: STEARNS FINANCIAL SERVICES GROUP

Service code 28

324 W WENDOVER AVE STE 204 · GREENSBORO, NC 27408

Investment Management

$9,999

FRANKLIN STREET ADVISORS2+ years

Service code 28

1450 RALEIGH ROAD · CHAPEL HILL, NC 27574

Investment Management

$5,200

FRANKLIN STREET ADVISORS1 year

Filed as: FRANKLIN STREET ADVISORS INC

Service code 28

1450 RALEIGH ROAD STE 300 · CHAPEL HILL, NC 27574

Investment Management

$5,200

BMO HARRIS BANK NA2+ years

Service code 19 · EIN 36-2085229

Securities Custodian

WOMBLE CARLYLE SANDRIDGE & RICE, LLP SAVINGS AND SELF EMPLOYED RETIREMENT PLAN A

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOMBLE CARLYLE SANDRIDGE & RICE, LLP SAVINGS AND SELF EMPLOYED RETIREMENT PLAN A

Top hat statement on fileNQDC

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