Retirement plan

HAWKINS PARNELL THACKSTON & YOUNG LLP PROFIT SHARING PLAN

Name: HAWKINS PARNELL & YOUNG, LLP - HAWKINS PARNELL THACKSTON & YOUNG LLP PROFIT SHARING PLAN (2018) Form 5500
Creator: HAWKINS PARNELL & YOUNG, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAWKINS PARNELL THACKSTON & YOUNG LLP PROFIT SHARING PLAN, HAWKINS PARNELL & YOUNG, LLP

HAWKINS PARNELL & YOUNG, LLPEIN 58-0908407Plan #001PY 2018

4000 SUNTRUST PLAZA, 303 PEACHTREE STREET, NE - ATLANTA, GA 303083243404-614-7400hpylaw.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$12.4M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.9M

-1.8% from 2017

Total participants

381

+23.7% from 2017

Average account balance

$29,986

-18.1% from 2017

Annual return

-4.52%

-12.70 pp from 2017

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.55M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

400

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$507

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 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL, LYNCH, PIERCE, FENNER SMIT Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Recordkeeping	$143

Plan features & details

Pension benefit codes2A2E2G2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$29K

$104 / participant

Investment mgmt$29K100.0%

% of EOY assets

0.323%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SANTI & ASSOCIATES, PC
Auditor EIN: 582019486
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,986

$75,388-60.2%

$123,553-75.7%

$55,725-46.2%

Participation rate

69.1%

75.7%-6.6pp

82.3%-13.2pp

70.9%-1.8pp

Annual return

-4.52%

4.48%-9.0pp

119.21%-123.7pp

244.93%-249.4pp

Employer contribution / active EE

$8,008

$3,063+161.4%

$4,628+73.0%

$2,078+285.3%

Participant deferral / active EE

$5,651-100.0%

$6,426-100.0%

$3,356-100.0%

Admin fee / account holder

$97

$120-19.1%

$9,284-99.0%

$115-15.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL, LYNCH, PIERCE, FENNER SMIT

Service code 15 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Recordkeeping

$143

HAWKINS PARNELL THACKSTON & YOUNG LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAWKINS PARNELL THACKSTON & YOUNG LLP 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