Retirement plan

FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN

Name: FISHER & PHILLIPS LLP - FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN (2017) Form 5500
Creator: FISHER & PHILLIPS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN, FISHER & PHILLIPS LLP

FISHER & PHILLIPS LLPEIN 58-0619559Plan #001PY 2017

1075 PEACHTREE ST. NE, STE. 3500 - ATLANTA, GA 30309404-231-1400fisherphillips.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$48.1M assets

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$149.4M

-6.2% from 2016

Total participants

487

+3.2% from 2016

Average account balance

$308,077

-9.2% from 2016

Annual return

24.08%

-2.27 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$396.85M

Not enough data

1 years with asset history on file

Average account balance

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

$288K

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.

1,376

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.

87.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$149

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 4 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 200 SOUTH ORANGE AVENUE · ORLANDO, FL 32801	Advisory (Plan)	$80,000
WINDHAM BRANNON2 years Filed as: WINDHAM BRANNON P.C. Service code 10 · EIN 58-1763439	Accounting	$21,765
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO INS SERVICES USA, INC. Service code 22 P.O. BOX 201503 · DALLAS, TX 75320	Insurance Broker	$14,633
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS Service code 15 · EIN 01-0233346	Recordkeeping	$7,197

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$124K

$308 / participant

Investment mgmt$95K76.6%
Contract admin$7K5.8%
Other / not subdivided$22K17.6%

% of EOY assets

0.083%

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: WINDHAM BRANNON P.C.
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$308,077

$155,795+97.7%

$136,298+126.0%

$69,634+342.4%

Participation rate

99.5%

75.2%+24.3pp

81.9%+17.6pp

70.7%+28.8pp

Annual return

24.08%

232464.33%-232440.3pp

5156.27%-5132.2pp

27572.26%-27548.2pp

Employer contribution / active EE

$13,879

$2,991+364.0%

$4,696+195.6%

$2,032+582.9%

Participant deferral / active EE

$7,498

$5,394+39.0%

$6,247+20.0%

$3,224+132.6%

Admin fee / account holder

$255

$128+98.7%

$9,244-97.2%

$110+130.7%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27

200 SOUTH ORANGE AVENUE · ORLANDO, FL 32801

Advisory (Plan)

$80,000

WINDHAM BRANNON2 years

Filed as: WINDHAM BRANNON P.C.

Service code 10 · EIN 58-1763439

Accounting

$21,765

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO INS SERVICES USA, INC.

Service code 22

P.O. BOX 201503 · DALLAS, TX 75320

Insurance Broker

$14,633

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$7,197

FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISHER & PHILLIPS LLP SAVINGS AND 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