Retirement plan

WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP RETIREMENT PLAN

Name: WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP - WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP RETIREMENT PLAN (2020) Form 5500
Creator: WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP RETIREMENT PLAN, WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP

WARREN,KERR,WALSTON,TAYLOR&SMITH,LLPEIN 56-0565160Plan #001PY 2020

PO BOX 1616 - GOLDSBORO, NC 275331616919-734-1841LinkedIn1-10 employeeslegal services

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2M

+17.9% from 2019

Total participants

+20.0% from 2019

Average account balance

$328,798

-1.8% from 2019

Annual return

8.33%

-10.66 pp from 2019

Benchmarks

See 120,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,756 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45M

Not enough data

1 years with asset history on file

Average account balance

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

$363K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$65K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G

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.

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

$11K

$1885 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.573%

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

$328,798

$165,381+98.8%

$149,730+119.6%

$158,966+106.8%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

8.33%

348.29%-340.0pp

276.70%-268.4pp

302.95%-294.6pp

Employer contribution / active EE

$26,580

$5,104+420.8%

$4,645+472.2%

$4,762+458.1%

Participant deferral / active EE

$7,182-100.0%

$6,843-100.0%

$5,983-100.0%

Admin fee / account holder

$1,885

$10,809-82.6%

$9,310-79.8%

$11,250-83.2%

WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WARREN,KERR,WALSTON,TAYLOR&SMITH,LLP 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