Retirement plan

FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN

Name: FISHER & PHILLIPS LLP - FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN (2019) 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 2019

1075 PEACHTREE ST. NE, STE. 3500 - ATLANTA, GA 30309409-240-4209fisherphillips.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$53.9M assets

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$177.4M

-6.2% from 2016

Total participants

662

+3.2% from 2016

Average account balance

$300,681

-9.2% from 2016

Annual return

20.58%

-2.27 pp from 2016

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES, INC Service code 27 200 SOUTH ORANGE AVE. · ORLANDO, FL 32801	Advisory (Plan)	$80,000
WINDHAM BRANNON1 year Filed as: WINDHAM BRANNON LLC Service code 10 · EIN 58-1763439	Accounting	$13,815
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$5,607

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$101K

$187 / participant

Investment mgmt$80K79.4%
Contract admin$6K5.5%
Other / not subdivided$15K15.1%

% of EOY assets

0.057%

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 LLC
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$300,681

$88,122+241.2%

$141,200+112.9%

$67,584+344.9%

Participation rate

86.6%

76.5%+10.2pp

82.5%+4.1pp

71.3%+15.3pp

Annual return

20.58%

75.40%-54.8pp

71.41%-50.8pp

378.59%-358.0pp

Employer contribution / active EE

$10,689

$3,224+231.5%

$4,736+125.7%

$2,148+397.6%

Participant deferral / active EE

$6,909

$5,958+16.0%

$6,710+3.0%

$3,540+95.2%

Admin fee / account holder

$171

$131+30.5%

$10,265-98.3%

$142+20.0%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES, INC

Service code 27

200 SOUTH ORANGE AVE. · ORLANDO, FL 32801

Advisory (Plan)

$80,000

WINDHAM BRANNON1 year

Filed as: WINDHAM BRANNON LLC

Service code 10 · EIN 58-1763439

Accounting

$13,815

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$5,607

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