Retirement plan

CECIL W POWELL AND COMPANY 401(K) PLAN

Name: CECIL W. POWELL AND COMPANY - CECIL W POWELL AND COMPANY 401(K) PLAN (2016) Form 5500
Creator: CECIL W. POWELL AND COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CECIL W POWELL AND COMPANY 401(K) PLAN, CECIL W. POWELL AND COMPANY

CECIL W. POWELL AND COMPANYEIN 59-1095765Plan #003PY 2016

PO BOX 41490 - JACKSONVILLE, FL 322031490904-353-3181cwpowellins.comLinkedIn11-50 employeesinsurance

Other plans on this EIN

1 filing

#002Retirement-$2.6M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$3.3M

+15.8% from 2015

Total participants

-11.6% from 2015

Average account balance

$117,722

+19.9% from 2015

Annual return

18.27%

+17.01 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.24M

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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.

59.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$255K

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

+14.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8841

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 codes2E2G2J2R2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$254K

$6876 / participant

Other / not subdivided$254K100.0%

% of EOY assets

7.718%

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

$117,722

$87,834+34.0%

$133,975-12.1%

$62,881+87.2%

Participation rate

73.0%

83.4%-10.4pp

87.1%-14.1pp

69.3%+3.7pp

Annual return

18.27%

12.05%+6.2pp

29.29%-11.0pp

20.14%-1.9pp

Employer contribution / active EE

$3,482-100.0%

$5,211-100.0%

$2,281-100.0%

Participant deferral / active EE

$4,922

$4,812+2.3%

$6,282-21.6%

$3,203+53.7%

Admin fee / account holder

$9,086

$5,372+69.1%

$9,324-2.6%

$4,296+111.5%

CECIL W POWELL AND COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CECIL W POWELL AND COMPANY 401(K) 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