Retirement plan

REYNOLDS PARRINO SPANO & SHADWICK, PA 401(K) PLAN

Name: REYNOLDS PARRINO SPANO & SHADWICK, PA - REYNOLDS PARRINO SPANO & SHADWICK, PA 401(K) PLAN (2017) Form 5500
Creator: REYNOLDS PARRINO SPANO & SHADWICK, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REYNOLDS PARRINO SPANO & SHADWICK, PA 401(K) PLAN, REYNOLDS PARRINO SPANO & SHADWICK, PA

REYNOLDS PARRINO SPANO & SHADWICK, PAEIN 59-3339873Plan #001PY 2017

8950 DR. M. L. KING JR STREET NORTH, SUITE 220 - ST. PETERSBURG, FL 33702727-570-4660rpslaw.netLinkedIn11-50 employeeslaw practice

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+17.1% from 2016

Total participants

-10.5% from 2016

Average account balance

$80,367

+17.1% from 2016

Annual return

13.23%

+2.41 pp from 2016

Benchmarks

See 114,326 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,326 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.30M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$288K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+15.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17546

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 codes2E2G2J3D

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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$104K

$8035 / participant

Other / not subdivided$104K100.0%

% of EOY assets

8.124%

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

$80,367

$150,445-46.6%

$136,297-41.0%

$147,585-45.5%

Participation rate

92.3%

84.4%+7.9pp

81.9%+10.4pp

82.8%+9.5pp

Annual return

13.23%

1049.14%-1035.9pp

5156.16%-5142.9pp

578.57%-565.3pp

Employer contribution / active EE

$3,391

$5,256-35.5%

$4,696-27.8%

$4,876-30.5%

Participant deferral / active EE

$6,891

$6,631+3.9%

$6,247+10.3%

$5,439+26.7%

Admin fee / account holder

$6,529

$10,906-40.1%

$9,244-29.4%

$10,885-40.0%

REYNOLDS PARRINO SPANO & SHADWICK, PA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REYNOLDS PARRINO SPANO & SHADWICK, PA 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