Retirement plan

FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN

Name: FISHER & PHILLIPS LLP - FISHER & PHILLIPS LLP SAVINGS AND PROFIT SHARING PLAN (2020) 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 2020

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

Other plans on this EIN

1 filing

#002Retirement-$66.1M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$206.1M

-6.2% from 2016

Total participants

641

+3.2% from 2016

Average account balance

$335,642

-9.2% from 2016

Annual return

16.87%

-2.27 pp from 2016

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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 INC2 years Filed as: UBS FINANCIAL SERVICES, INC Service code 27 200 SOUTH ORANGE AVE. · ORLANDO, FL 32801	Advisory (Plan)	$80,000
WINDHAM BRANNON2 years Filed as: WINDHAM BRANNON LLC Service code 10 · EIN 58-1763439	Accounting	$11,000
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$3,037

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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$97K

$193 / participant

Investment mgmt$80K82.4%
Contract admin$3K3.1%
Other / not subdivided$14K14.4%

% of EOY assets

0.047%

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

$335,642

$100,801+233.0%

$149,751+124.1%

$73,415+357.2%

Participation rate

94.6%

77.7%+16.9pp

82.5%+12.1pp

72.2%+22.5pp

Annual return

16.87%

265.34%-248.5pp

276.71%-259.8pp

59.30%-42.4pp

Employer contribution / active EE

$8,262

$3,312+149.5%

$4,646+77.8%

$2,234+269.9%

Participant deferral / active EE

$8,007

$6,404+25.0%

$6,843+17.0%

$3,806+110.4%

Admin fee / account holder

$158

$181-12.6%

$9,312-98.3%

$158+0.1%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2 years

Filed as: UBS FINANCIAL SERVICES, INC

Service code 27

200 SOUTH ORANGE AVE. · ORLANDO, FL 32801

Advisory (Plan)

$80,000

WINDHAM BRANNON2 years

Filed as: WINDHAM BRANNON LLC

Service code 10 · EIN 58-1763439

Accounting

$11,000

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$3,037

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