Retirement plan

FISHERBROYLES, LLP 401(K) PLAN

Name: FISHERBROYLES, LLP - FISHERBROYLES, LLP 401(K) PLAN (2018) Form 5500
Creator: FISHERBROYLES, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISHERBROYLES, LLP 401(K) PLAN, FISHERBROYLES, LLP

FISHERBROYLES, LLPEIN 56-2332885Plan #001PY 2018

1200 ABERNATHY ROAD, BUILDING 600,, SUITE 1700, NORTHPARK TOWN CENTER - ATLANTA, GA 30328404-538-6510fisherbroyles.comLinkedIn201-500 employeeslaw practice

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$4M

+141.8% from 2017

Total participants

296

+6.5% from 2017

Average account balance

$50,016

+141.8% from 2017

Annual return

46.82%

+23.21 pp from 2017

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.09M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

151

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.

34.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$733

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 · EIN 31-4156830	Recordkeeping	$26,568
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES FINANCIAL SERVICE Service code 28 · EIN 59-1517485	Investment Management	$11,896

Plan features & details

Pension benefit codes2A2E2F2G2J3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$27K

$92 / participant

Investment mgmt$27K100.0%

% of EOY assets

0.682%

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: CAIN & DAVID
Auditor EIN: 201673789
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,016

$75,388-33.7%

$123,553-59.5%

$55,725-10.2%

Participation rate

25.7%

75.7%-50.0pp

82.3%-56.6pp

70.9%-45.2pp

Annual return

46.82%

4.48%+42.3pp

119.21%-72.4pp

244.93%-198.1pp

Employer contribution / active EE

$367

$3,063-88.0%

$4,628-92.1%

$2,078-82.3%

Participant deferral / active EE

$5,162

$5,651-8.6%

$6,426-19.7%

$3,356+53.8%

Admin fee / account holder

$341

$120+184.8%

$9,284-96.3%

$115+196.1%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15 · EIN 31-4156830

Recordkeeping

$26,568

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES FINANCIAL SERVICE

Service code 28 · EIN 59-1517485

Investment Management

$11,896

FISHERBROYLES, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISHERBROYLES, LLP 401(K) 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