Retirement plan

BROOKS PIERCE RETIREMENT AND SAVINGS PLAN

Name: BROOKS PIERCE MCLENDON HUMPHREY & LEONARD, LLP - BROOKS PIERCE RETIREMENT AND SAVINGS PLAN (2022) Form 5500
Creator: BROOKS PIERCE MCLENDON HUMPHREY & LEONARD, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROOKS PIERCE RETIREMENT AND SAVINGS PLAN, BROOKS PIERCE MCLENDON HUMPHREY & LEONARD, LLP

BROOKS PIERCE MCLENDON HUMPHREY & LEONARD, LLPEIN 56-0561489Plan #001PY 2022

P O BOX 26000 - GREENSBORO, NC 274206000336-373-8850brookspierce.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$129.6M

-15.8% from 2021

Total participants

211

+8.8% from 2021

Average account balance

$614,210

-22.5% from 2021

Annual return

-14.44%

-28.21 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$154.74M

Not enough data

1 years with asset history on file

Average account balance

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

$650K

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.

238

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+14.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$611

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 1 by compensation

Provider	Service type	Compensation
DAVENPORT & COMPANY LLC8+ years Service code 26 901 E CARY STREET 11TH FL · RICHMOND, VA 23219	Advisory (Participants)	$55,000

Plan features & details

Pension benefit codes2E2G2J3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$57K

$362 / participant

Investment mgmt$55K97.3%
Contract admin$2K2.7%

% of EOY assets

0.044%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APRIO, LLP
Auditor EIN: 571157523
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$614,210

$84,493+626.9%

$125,381+389.9%

$66,938+817.6%

Participation rate

100.0%

76.4%+23.6pp

82.4%+17.6pp

69.8%+30.2pp

Annual return

-14.44%

-8.49%-5.9pp

572.31%-586.7pp

1.58%-16.0pp

Employer contribution / active EE

$16,250

$3,554+357.3%

$4,815+237.5%

$2,545+538.5%

Participant deferral / active EE

$14,034

$6,783+106.9%

$7,448+88.4%

$4,238+231.1%

Admin fee / account holder

$268

$685-60.9%

$10,007-97.3%

$594-54.9%

Provider

Service type

Compensation

DAVENPORT & COMPANY LLC8+ years

Service code 26

901 E CARY STREET 11TH FL · RICHMOND, VA 23219

Advisory (Participants)

$55,000

BROOKS PIERCE RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROOKS PIERCE RETIREMENT AND SAVINGS 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