Retirement plan

SMITH, TUMLIN, MCCURLEY & PATRICK, P.C. 401(K) PROFIT SHARING PLAN

Name: SMITH, TUMLIN, MCCURLEY & PATRICK, P.C. - SMITH, TUMLIN, MCCURLEY & PATRICK, P.C. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: SMITH, TUMLIN, MCCURLEY & PATRICK, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SMITH, TUMLIN, MCCURLEY & PATRICK, P.C. 401(K) PROFIT SHARING PLAN, SMITH, TUMLIN, MCCURLEY & PATRICK, P.C.

SMITH, TUMLIN, MCCURLEY & PATRICK, P.C.EIN 58-1385443Plan #001PY 2020

P O BOX 1186 - MARIETTA, GA 300611186770-429-8200smithtumlin.comLinkedIn11-50 employeeslegal services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2M

+14.4% from 2019

Total participants

+9.1% from 2019

Average account balance

$183,100

+14.4% from 2019

Annual return

11.67%

-3.92 pp from 2019

Benchmarks

See 120,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,756 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.69M

Not enough data

1 years with asset history on file

Average account balance

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

$187K

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.

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$904

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$183,100

$165,381+10.7%

$149,730+22.3%

$158,966+15.2%

Participation rate

90.0%

84.6%+5.4pp

82.5%+7.5pp

82.0%+8.0pp

Annual return

11.67%

348.29%-336.6pp

276.70%-265.0pp

302.95%-291.3pp

Employer contribution / active EE

$5,104-100.0%

$4,645-100.0%

$4,762-100.0%

Participant deferral / active EE

$4,775

$7,182-33.5%

$6,843-30.2%

$5,983-20.2%

Admin fee / account holder

$10,809-100.0%

$9,310-100.0%

$11,250-100.0%

SMITH, TUMLIN, MCCURLEY & PATRICK, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SMITH, TUMLIN, MCCURLEY & PATRICK, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion