Retirement plan

SMITH, GAMBRELL & RUSSELL, LLP 401(K) RETIREMENT PLAN

Name: SMITH, GAMBRELL & RUSSELL, LLP - SMITH, GAMBRELL & RUSSELL, LLP 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: SMITH, GAMBRELL & RUSSELL, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMITH, GAMBRELL & RUSSELL, LLP 401(K) RETIREMENT PLAN, SMITH, GAMBRELL & RUSSELL, LLP

SMITH, GAMBRELL & RUSSELL, LLPEIN 58-0967450Plan #005PY 2020

1105 W PEACHTREE ST. NE, SUITE 1000 - ATLANTA, GA 30309404-815-3500sgrlaw.comLinkedIn501-1000 employeeslaw practice

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$175.2M

-11.2% from 2016

Total participants

515

+3.0% from 2016

Average account balance

$349,668

-10.4% from 2016

Annual return

12.86%

-10.03 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

$266.43M

Not enough data

1 years with asset history on file

Average account balance

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

$380K

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.

702

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+14.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$47

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 8 by compensation

Provider	Service type	Compensation
CAPITAL DIRECTIONS, LLC6+ years Filed as: CAPITAL DIRECTIONS LLC Service code 26 · EIN 58-2592093	Advisory (Participants)	$101,491
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$43,018
BRIGHTWORTH LLC6+ years Service code 26 · EIN 58-2296041	Advisory (Participants)	$19,075
SIGNATUREFD LLC3 years Service code 26 · EIN 58-2323085	Advisory (Participants)	$12,022
GOLDMAN SACHS2 years Filed as: UNITED CAPITAL FINANCIAL ADVIS Service code 26 · EIN 27-0493248	Advisory (Participants)	$11,781
RENE J NEYREY3 years Service code 26 · EIN 43-6089088	Advisory (Participants)	$7,951
CHARLES SCHWAB & CO., INC.6+ years Service code 25 · EIN 94-1737782	Directed Trustee	$2,389
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3B3H

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$70K

$181 / participant

Investment mgmt$24K34.6%
Other / not subdivided$46K65.4%

% of EOY assets

0.040%

all-in expense ratio

Categories reported

1 / 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

$349,668

$100,801+246.9%

$149,751+133.5%

$73,415+376.3%

Participation rate

96.4%

77.7%+18.7pp

82.5%+13.9pp

72.2%+24.2pp

Annual return

12.86%

265.34%-252.5pp

276.71%-263.9pp

59.30%-46.4pp

Employer contribution / active EE

$11,463

$3,312+246.1%

$4,646+146.7%

$2,234+413.2%

Participant deferral / active EE

$10,180

$6,404+59.0%

$6,843+48.8%

$3,806+167.5%

Admin fee / account holder

$139

$181-23.2%

$9,312-98.5%

$158-12.1%

Provider

Service type

Compensation

CAPITAL DIRECTIONS, LLC6+ years

Filed as: CAPITAL DIRECTIONS LLC

Service code 26 · EIN 58-2592093

Advisory (Participants)

$101,491

CHARLES SCHWAB & CO., INC.4 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$43,018

BRIGHTWORTH LLC6+ years

Service code 26 · EIN 58-2296041

Advisory (Participants)

$19,075

SIGNATUREFD LLC3 years

Service code 26 · EIN 58-2323085

Advisory (Participants)

$12,022

GOLDMAN SACHS2 years

Filed as: UNITED CAPITAL FINANCIAL ADVIS

Service code 26 · EIN 27-0493248

Advisory (Participants)

$11,781

RENE J NEYREY3 years

Service code 26 · EIN 43-6089088

Advisory (Participants)

$7,951

CHARLES SCHWAB & CO., INC.6+ years

Service code 25 · EIN 94-1737782

Directed Trustee

$2,389

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

SMITH, GAMBRELL & RUSSELL, LLP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMITH, GAMBRELL & RUSSELL, LLP 401(K) RETIREMENT 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