Retirement plan

O'BRIEN/ATKINS ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN & TRUST

Name: O'BRIEN/ATKINS ASSOCIATES, P.A. - O'BRIEN/ATKINS ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: O'BRIEN/ATKINS ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, O'BRIEN/ATKINS ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN & TRUST, O'BRIEN/ATKINS ASSOCIATES, P.A.

O'BRIEN/ATKINS ASSOCIATES, P.A.EIN 56-1215013Plan #001PY 2020

P.O. BOX 12037 - RTP, NC 277092037919-941-9000

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$13.6M

+9.3% from 2019

Total participants

+7.4% from 2019

Average account balance

$186,367

+1.8% from 2019

Annual return

10.01%

-11.28 pp from 2019

Benchmarks

See 26,423 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,423 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.35M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

202.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$473K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30904

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 codes2E2F2H2J2T

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$512K

$15503 / participant

Other / not subdivided$512K100.0%

% of EOY assets

3.760%

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

$186,367

$98,760+88.7%

$149,715+24.5%

$79,858+133.4%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

10.01%

27.43%-17.4pp

276.66%-266.7pp

31.72%-21.7pp

Employer contribution / active EE

$4,545

$3,217+41.3%

$4,645-2.1%

$2,471+84.0%

Participant deferral / active EE

$6,812

$5,681+19.9%

$6,842-0.4%

$3,740+82.1%

Admin fee / account holder

$7,008

$6,053+15.8%

$9,310-24.7%

$5,306+32.1%

O'BRIEN/ATKINS ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

O'BRIEN/ATKINS ASSOCIATES, P.A. 401(K) PROFIT SHARING PLAN & 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