Retirement plan

W.T. HUMPHREY, INC. 401(K) PROFIT SHARING PLAN

Name: W.T. HUMPHREY, INC. - W.T. HUMPHREY, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: W.T. HUMPHREY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W.T. HUMPHREY, INC. 401(K) PROFIT SHARING PLAN, W.T. HUMPHREY, INC.

W.T. HUMPHREY, INC.EIN 56-0998971Plan #001PY 2017

2423 NORTH MARINE BOULEVARD - JACKSONVILLE, NC 28546910-455-3555LinkedIn201-500 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.6M

+10.3% from 2016

Total participants

216

-16.9% from 2016

Average account balance

$62,190

+18.6% from 2016

Annual return

14.04%

+6.74 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.44M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

149

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$421K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

-19.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$681

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 4 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC2+ years Service code 27 4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609	Advisory (Plan)	$80,788
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,751
WITHUMSMITH+BROWN, PC2+ years Filed as: THOMPSON BROWN AND COMPANY Service code 10 PO BOX 1186 · JACKSONVILLE, NC 285411186	Accounting	$12,600
MCCREADY & KEENE INC.1 year Filed as: MCCREADY AND KEENE INC Service code 99 7941 CASTLEWAY DRIVE · INDIANAPOLIS, IN 46250	Other Fees	$3,760

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

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

$111K

$711 / participant

Contract admin$111K100.0%

% of EOY assets

0.959%

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: THOMPSON, BROWN AND COMPANY CPA
Auditor EIN: 561073461
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,190

$36,767+69.1%

$81,473-23.7%

$62,293-0.2%

Participation rate

80.8%

54.4%+26.3pp

68.0%+12.8pp

69.5%+11.3pp

Annual return

14.04%

173.80%-159.8pp

38.78%-24.7pp

28.90%-14.9pp

Employer contribution / active EE

$383

$1,128-66.1%

$2,568-85.1%

$2,042-81.3%

Participant deferral / active EE

$2,153

$2,111+2.0%

$3,537-39.1%

$3,169-32.1%

Admin fee / account holder

$596

$797-25.2%

$4,561-86.9%

$479+24.4%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC2+ years

Service code 27

4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609

Advisory (Plan)

$80,788

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,751

WITHUMSMITH+BROWN, PC2+ years

Filed as: THOMPSON BROWN AND COMPANY

Service code 10

PO BOX 1186 · JACKSONVILLE, NC 285411186

Accounting

$12,600

MCCREADY & KEENE INC.1 year

Filed as: MCCREADY AND KEENE INC

Service code 99

7941 CASTLEWAY DRIVE · INDIANAPOLIS, IN 46250

Other Fees

$3,760

W.T. HUMPHREY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W.T. HUMPHREY, INC. 401(K) PROFIT SHARING 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