Retirement plan

W.L. NORTON AGENCY, INC. 401(K) PLAN

Name: W.L. NORTON AGENCY, INC. - W.L. NORTON AGENCY, INC. 401(K) PLAN (2016) Form 5500
Creator: W.L. NORTON AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W.L. NORTON AGENCY, INC. 401(K) PLAN, W.L. NORTON AGENCY, INC.

W.L. NORTON AGENCY, INC.EIN 58-0370935Plan #001PY 2016

434 GREEN STREET - GAINESVILLE, GA 30501770-532-0022LinkedIn51-200 employeesreal estate

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.6M

+16.6% from 2015

Total participants

146

+11.5% from 2015

Average account balance

$44,530

-3.8% from 2015

Annual return

7.91%

+9.26 pp from 2015

Benchmarks

See 896 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort896 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.07M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

119.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$254K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13480

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
HENSSLER ASSET MANAGEMENT LLC1 year Filed as: HENSSLER ASSET MANAGMENT LLC Service code 26 · EIN 58-2380817	Advisory (Participants)	$16,165
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$274

Plan features & details

Pension benefit codes2E2F2J2K2T3D

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).
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$18K

$126 / participant

Investment mgmt$13K74.2%
Contract admin$4K24.8%
Other / not subdivided$1741.0%

% of EOY assets

0.493%

all-in expense ratio

Categories reported

2 / 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: BATES CARTER
Auditor EIN: 208004844
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,530

$50,898-12.5%

$171,082-74.0%

$55,167-19.3%

Participation rate

52.5%

63.3%-10.7pp

76.7%-24.2pp

69.0%-16.5pp

Annual return

7.91%

15.34%-7.4pp

32.56%-24.6pp

169.23%-161.3pp

Employer contribution / active EE

$493

$1,433-65.6%

$4,002-87.7%

$1,963-74.9%

Participant deferral / active EE

$2,295

$2,994-23.4%

$4,797-52.2%

$3,054-24.9%

Admin fee / account holder

$219

$500-56.1%

$8,520-97.4%

$504-56.4%

Provider

Service type

Compensation

HENSSLER ASSET MANAGEMENT LLC1 year

Filed as: HENSSLER ASSET MANAGMENT LLC

Service code 26 · EIN 58-2380817

Advisory (Participants)

$16,165

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$274

W.L. NORTON AGENCY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W.L. NORTON AGENCY, INC. 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