Retirement plan

HARRIS, CREECH, WARD & BLACKERBY, P.A. RETIREMENT PLAN

Name: HARRIS, CREECH, WARD & BLACKERBY, P.A. - HARRIS, CREECH, WARD & BLACKERBY, P.A. RETIREMENT PLAN (2017) Form 5500
Creator: HARRIS, CREECH, WARD & BLACKERBY, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARRIS, CREECH, WARD & BLACKERBY, P.A. RETIREMENT PLAN, HARRIS, CREECH, WARD & BLACKERBY, P.A.

HARRIS, CREECH, WARD & BLACKERBY, P.A.EIN 56-1758896Plan #001PY 2017

325 POLLOCK STREET - NEW BERN, NC 28560252-638-6666hcwb.netLinkedIn11-50 employeeslaw practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12.3M

+17.6% from 2016

Total participants

0.0% from 2016

Average account balance

$557,572

+28.3% from 2016

Annual return

16.84%

+10.38 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.03M

Not enough data

1 years with asset history on file

Average account balance

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

$802K

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

$188K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18534

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 codes2E2F2G2J2T3D

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.
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.

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

$255K

$14977 / participant

Other / not subdivided$255K100.0%

% of EOY assets

2.076%

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

$557,572

$150,447+270.6%

$136,298+309.1%

$147,586+277.8%

Participation rate

88.2%

84.4%+3.8pp

81.9%+6.3pp

82.8%+5.4pp

Annual return

16.84%

1049.15%-1032.3pp

5156.27%-5139.4pp

578.59%-561.8pp

Employer contribution / active EE

$16,077

$5,256+205.9%

$4,696+242.4%

$4,876+229.7%

Participant deferral / active EE

$3,797

$6,631-42.7%

$6,247-39.2%

$5,439-30.2%

Admin fee / account holder

$11,573

$10,906+6.1%

$9,244+25.2%

$10,886+6.3%

HARRIS, CREECH, WARD & BLACKERBY, P.A. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARRIS, CREECH, WARD & BLACKERBY, P.A. 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