Retirement plan

BLOUNT, BURKE, WIMBERLY & HENDRICK 401-K PROFIT SHARING PLAN

Name: BLOUNT, BURKE, WIMBERLY & HENDRICK - BLOUNT, BURKE, WIMBERLY & HENDRICK 401-K PROFIT SHARING PLAN (2022) Form 5500
Creator: BLOUNT, BURKE, WIMBERLY & HENDRICK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLOUNT, BURKE, WIMBERLY & HENDRICK 401-K PROFIT SHARING PLAN, BLOUNT, BURKE, WIMBERLY & HENDRICK

BLOUNT, BURKE, WIMBERLY & HENDRICKEIN 58-1702947Plan #001PY 2022

325 TATTNALL STREET - SAVANNAH, GA 31401912-233-9004LinkedIn1-10 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

-7.6% from 2021

Total participants

+12.5% from 2021

Average account balance

$169,695

-17.9% from 2021

Annual return

-11.99%

-34.73 pp from 2021

Benchmarks

See 35,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,209 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.39M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2416

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 codes2J

Plan features

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$33K

$1823 / participant

Other / not subdivided$33K100.0%

% of EOY assets

1.074%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$169,695

$167,522+1.3%

$151,639+11.9%

$134,532+26.1%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

-11.99%

7.81%-19.8pp

3.34%-15.3pp

418.27%-430.3pp

Employer contribution / active EE

$1,505

$6,828-78.0%

$6,165-75.6%

$4,741-68.3%

Participant deferral / active EE

$6,528

$8,986-27.4%

$8,363-22.0%

$6,401+2.0%

Admin fee / account holder

$1,823

$13,780-86.8%

$11,613-84.3%

$11,429-84.1%

BLOUNT, BURKE, WIMBERLY & HENDRICK 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLOUNT, BURKE, WIMBERLY & HENDRICK 401-K 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