Retirement plan

DEAN, RINGERS, MORGAN & LAWTON, P.A. PROFIT SHARING PLAN

Name: DEAN, RINGERS, MORGAN & LAWTON, P.A - DEAN, RINGERS, MORGAN & LAWTON, P.A. PROFIT SHARING PLAN (2017) Form 5500
Creator: DEAN, RINGERS, MORGAN & LAWTON, P.A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEAN, RINGERS, MORGAN & LAWTON, P.A. PROFIT SHARING PLAN, DEAN, RINGERS, MORGAN & LAWTON, P.A

DEAN, RINGERS, MORGAN & LAWTON, P.AEIN 59-1788062Plan #002PY 2017

201 EAST PINE STREET SUITE 1200 - ORLANDO, FL 32801407-422-4310drml-law.comLinkedIn51-200 employeeslegal services

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$16.3M

+22.7% from 2016

Total participants

105

+2.9% from 2016

Average account balance

$161,215

+20.2% from 2016

Annual return

18.74%

+10.23 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.89M

Not enough data

1 years with asset history on file

Average account balance

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

$320K

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.

124.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$772K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+16.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14007

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 codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$224K

$2905 / participant

Other / not subdivided$224K100.0%

% of EOY assets

1.374%

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

$161,215

$85,766+88.0%

$136,295+18.3%

$70,131+129.9%

Participation rate

94.8%

74.2%+20.6pp

81.9%+12.9pp

69.5%+25.3pp

Annual return

18.74%

31.45%-12.7pp

5155.97%-5137.2pp

73.14%-54.4pp

Employer contribution / active EE

$3,412

$2,966+15.0%

$4,695-27.3%

$2,342+45.6%

Participant deferral / active EE

$6,251

$5,051+23.7%

$6,247+0.1%

$3,332+87.6%

Admin fee / account holder

$2,215

$5,420-59.1%

$9,243-76.0%

$4,645-52.3%

DEAN, RINGERS, MORGAN & LAWTON, P.A. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEAN, RINGERS, MORGAN & LAWTON, P.A. 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