Retirement plan

401(K) PROFIT SHARING PLAN AND TRUST OF WYATT EARLY HARRIS WHEELER LLP

Name: WYATT EARLY HARRIS WHEELER LLP - 401(K) PROFIT SHARING PLAN AND TRUST OF WYATT EARLY HARRIS WHEELER LLP (2018) Form 5500
Creator: WYATT EARLY HARRIS WHEELER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN AND TRUST OF WYATT EARLY HARRIS WHEELER LLP, WYATT EARLY HARRIS WHEELER LLP

WYATT EARLY HARRIS WHEELER LLPEIN 56-0710169Plan #001PY 2018

1912 EASTCHESTER DRIVE, SUITE 400 - HIGH POINT, NC 27265336-884-4444wehwlaw.comLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.2M

-7.7% from 2017

Total participants

+1.5% from 2017

Average account balance

$218,914

-3.4% from 2017

Annual return

-5.62%

-21.57 pp from 2017

Benchmarks

See 25,537 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,537 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$5.35M

Not enough data

1 years with asset history on file

Average account balance

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

$214K

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.

131.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$263K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+6.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$158875

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2E2F2G2J2R2T3B

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

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$22500 / participant

Other / not subdivided$1M100.0%

% of EOY assets

8.064%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$218,914

$77,813+181.3%

$123,544+77.2%

$64,186+241.1%

Participation rate

92.2%

74.7%+17.4pp

82.3%+9.9pp

69.6%+22.6pp

Annual return

-5.62%

12.48%-18.1pp

119.20%-124.8pp

7.63%-13.2pp

Employer contribution / active EE

$8,404

$3,014+178.8%

$4,628+81.6%

$2,381+253.0%

Participant deferral / active EE

$6,443

$5,240+23.0%

$6,426+0.3%

$3,470+85.7%

Admin fee / account holder

$17,653

$5,519+219.9%

$9,284+90.2%

$4,888+261.2%

401(K) PROFIT SHARING PLAN AND TRUST OF WYATT EARLY HARRIS WHEELER LLP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN AND TRUST OF WYATT EARLY HARRIS WHEELER LLP

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