Retirement plan

FISHER & PHILLIPS LLP PROFESSIONAL EMPLOYEES PLAN

Name: FISHER & PHILLIPS LLP - FISHER & PHILLIPS LLP PROFESSIONAL EMPLOYEES PLAN (2020) Form 5500
Creator: FISHER & PHILLIPS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FISHER & PHILLIPS LLP PROFESSIONAL EMPLOYEES PLAN, FISHER & PHILLIPS LLP

FISHER & PHILLIPS LLPEIN 58-0619559Plan #002PY 2020

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

Other plans on this EIN

1 filing

#001Retirement-$206.1M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$66.1M

-27.9% from 2016

Total participants

530

-16.0% from 2016

Average account balance

$134,701

-16.5% from 2016

Annual return

19.48%

-37.22 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

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-105.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC5 years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 200 SOUTH ORANGE AVENUE · ORLANDO, FL 32801	Advisory (Plan)	$19,762
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	$2,383

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$33K

$79 / participant

Investment mgmt$20K59.6%
Contract admin$2K7.2%
Other / not subdivided$11K33.2%

% of EOY assets

0.050%

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

$134,701

$100,801+33.6%

$149,751-10.0%

$73,415+83.5%

Participation rate

90.8%

77.7%+13.1pp

82.5%+8.3pp

72.2%+18.6pp

Annual return

19.48%

265.34%-245.9pp

276.71%-257.2pp

59.30%-39.8pp

Employer contribution / active EE

$4,393

$3,312+32.7%

$4,646-5.4%

$2,234+96.7%

Participant deferral / active EE

$8,024

$6,404+25.3%

$6,843+17.3%

$3,806+110.8%

Admin fee / account holder

$68

$181-62.7%

$9,312-99.3%

$158-57.2%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC5 years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27

200 SOUTH ORANGE AVENUE · ORLANDO, FL 32801

Advisory (Plan)

$19,762

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

$2,383

FISHER & PHILLIPS LLP PROFESSIONAL EMPLOYEES PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FISHER & PHILLIPS LLP PROFESSIONAL EMPLOYEES 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