Retirement plan

COSTELLO HILL & COMPANY EMPLOYEES 401K PROFIT SHARING PLAN AND TRUST

Name: COSTELLO HILL & COMPANY LLP - COSTELLO HILL & COMPANY EMPLOYEES 401K PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: COSTELLO HILL & COMPANY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COSTELLO HILL & COMPANY EMPLOYEES 401K PROFIT SHARING PLAN AND TRUST, COSTELLO HILL & COMPANY LLP

COSTELLO HILL & COMPANY LLPEIN 56-0572048Plan #001PY 2016

P.O. BOX 2610 - GREENSBORO, NC 274022610336-274-3281costellohill.comLinkedIn11-50 employeesaccounting

Prospect flagsHigh feesHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$4M

+3.6% from 2015

Total participants

0.0% from 2015

Average account balance

$309,817

+11.5% from 2015

Annual return

7.25%

+7.39 pp from 2015

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

$6.88M

Not enough data

1 years with asset history on file

Average account balance

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

$491K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$226K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$128401

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 codes2E2G2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$304K

$25309 / participant

Other / not subdivided$304K100.0%

% of EOY assets

7.541%

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

$309,817

$135,956+127.9%

$123,894+150.1%

$273,972+13.1%

Participation rate

91.7%

84.1%+7.6pp

81.4%+10.3pp

83.0%+8.7pp

Annual return

7.25%

56.63%-49.4pp

47.52%-40.3pp

41.46%-34.2pp

Employer contribution / active EE

$5,389

$5,170+4.2%

$4,617+16.7%

$4,869+10.7%

Participant deferral / active EE

$7,980

$6,343+25.8%

$5,984+33.4%

$5,287+50.9%

Admin fee / account holder

$23,362

$9,817+138.0%

$8,357+179.5%

$10,133+130.6%

COSTELLO HILL & COMPANY EMPLOYEES 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COSTELLO HILL & COMPANY EMPLOYEES 401K 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