Retirement plan

FREEMAN MATHIS & GARY, LLP ASSOCIATES' RETIREMENT SAVINGS PLAN

Name: FREEMAN MATHIS & GARY, LLP - FREEMAN MATHIS & GARY, LLP ASSOCIATES' RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: FREEMAN MATHIS & GARY, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FREEMAN MATHIS & GARY, LLP ASSOCIATES' RETIREMENT SAVINGS PLAN, FREEMAN MATHIS & GARY, LLP

FREEMAN MATHIS & GARY, LLPEIN 58-2288491Plan #002PY 2020

100 GALLERIA PARKWAY, SUITE 1600 - ATLANTA, GA 30339770-818-0000fmglaw.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$21.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.8M

+20.4% from 2019

Total participants

228

+20.0% from 2019

Average account balance

$49,857

+3.8% from 2019

Annual return

15.76%

+2.33 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.34M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

508

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.88M

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

+50.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Service code 27 · EIN 13-2638166	Advisory (Plan)	$17,349
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 82-3719843	Recordkeeping	$1,700
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$669

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
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.
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.

Expense breakdown

Schedule H Part II

Admin total

$18K

$130 / participant

Contract admin$18K100.0%

% of EOY assets

0.169%

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: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,857

$99,957-50.1%

$149,745-66.7%

$73,497-32.2%

Participation rate

92.2%

75.7%+16.5pp

82.5%+9.7pp

70.7%+21.5pp

Annual return

15.76%

53.87%-38.1pp

276.72%-261.0pp

28.51%-12.8pp

Employer contribution / active EE

$3,191-100.0%

$4,646-100.0%

$2,270-100.0%

Participant deferral / active EE

$7,735

$6,073+27.4%

$6,843+13.0%

$3,740+106.8%

Admin fee / account holder

$84

$551-84.7%

$9,312-99.1%

$513-83.6%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Service code 27 · EIN 13-2638166

Advisory (Plan)

$17,349

ASCENSUS LLC1 year

Filed as: FUTUREPLAN BY ASCENSUS

Service code 15 · EIN 82-3719843

Recordkeeping

$1,700

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$669

FREEMAN MATHIS & GARY, LLP ASSOCIATES' RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FREEMAN MATHIS & GARY, LLP ASSOCIATES' RETIREMENT SAVINGS 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