Retirement plan

PURCELL, FLANAGAN, HAY & GREENE, P.A. RETIREMENT SAVINGS PLAN

Name: PURCELL, FLANAGAN, HAY & GREENE, P.A. - PURCELL, FLANAGAN, HAY & GREENE, P.A. RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: PURCELL, FLANAGAN, HAY & GREENE, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PURCELL, FLANAGAN, HAY & GREENE, P.A. RETIREMENT SAVINGS PLAN, PURCELL, FLANAGAN, HAY & GREENE, P.A.

PURCELL, FLANAGAN, HAY & GREENE, P.A.EIN 59-3371438Plan #001PY 2017

1548 LANCASTER TERRACE - JACKSONVILLE, FL 32204904-355-0355pfhglaw.comLinkedIn11-50 employeeslegal services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

+25.2% from 2016

Total participants

+5.4% from 2016

Average account balance

$91,282

+21.7% from 2016

Annual return

14.29%

+7.14 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

$8.84M

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$715K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$681

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

$52K

$1723 / participant

Other / not subdivided$52K100.0%

% of EOY assets

1.573%

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

$91,282

$85,766+6.4%

$136,297-33.0%

$70,131+30.2%

Participation rate

90.0%

74.2%+15.8pp

81.9%+8.1pp

69.5%+20.5pp

Annual return

14.29%

31.45%-17.2pp

5156.16%-5141.9pp

73.14%-58.8pp

Employer contribution / active EE

$4,357

$2,966+46.9%

$4,696-7.2%

$2,342+86.0%

Participant deferral / active EE

$6,327

$5,051+25.2%

$6,247+1.3%

$3,332+89.9%

Admin fee / account holder

$1,436

$5,420-73.5%

$9,244-84.5%

$4,645-69.1%

PURCELL, FLANAGAN, HAY & GREENE, P.A. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PURCELL, FLANAGAN, HAY & GREENE, P.A. 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