Retirement plan

ELLIS, PAINTER, RATTERREE & ADAMS, LLP 401K PLAN

Name: ELLIS, PAINTER, RATTERREE & ADAMS LLP - ELLIS, PAINTER, RATTERREE & ADAMS, LLP 401K PLAN (2020) Form 5500
Creator: ELLIS, PAINTER, RATTERREE & ADAMS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELLIS, PAINTER, RATTERREE & ADAMS, LLP 401K PLAN, ELLIS, PAINTER, RATTERREE & ADAMS LLP

ELLIS, PAINTER, RATTERREE & ADAMS LLPEIN 58-1788955Plan #001PY 2020

2 EAST BRYAN STREET, 10TH FL - SAVANNAH, GA 31401912-233-9700

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$5.6M

+11.8% from 2019

Total participants

0.0% from 2019

Average account balance

$199,376

+15.8% from 2019

Annual return

8.14%

-7.23 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.14M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

73.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$299K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13474

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 codes2E2F2J2G2R3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$56K

$2087 / participant

Other / not subdivided$56K100.0%

% of EOY assets

1.009%

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

$199,376

$98,766+101.9%

$149,730+33.2%

$79,852+149.7%

Participation rate

88.9%

75.8%+13.1pp

82.5%+6.4pp

69.6%+19.3pp

Annual return

8.14%

27.43%-19.3pp

276.70%-268.6pp

31.72%-23.6pp

Employer contribution / active EE

$2,229

$3,217-30.7%

$4,645-52.0%

$2,471-9.8%

Participant deferral / active EE

$6,629

$5,681+16.7%

$6,843-3.1%

$3,740+77.2%

Admin fee / account holder

$2,012

$6,052-66.7%

$9,310-78.4%

$5,306-62.1%

ELLIS, PAINTER, RATTERREE & ADAMS, LLP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELLIS, PAINTER, RATTERREE & ADAMS, LLP 401K 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