Retirement plan

BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K) PLAN

Name: BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K) - BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K) PLAN (2016) Form 5500
Creator: BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K) PLAN, BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K)

BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K)EIN 59-3722057Plan #001PY 2016

135 W. BAY STREET, SUITE 400 - 4TH - JACKSONVILLE, FL 322023642904-358-2750barmjlaw.comLinkedIn11-50 employeeslegal services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

-10.0% from 2015

Total participants

-33.3% from 2015

Average account balance

$171,832

-10.0% from 2015

Annual return

6.16%

+8.29 pp from 2015

Benchmarks

See 113,088 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,088 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.92M

Not enough data

1 years with asset history on file

Average account balance

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

$274K

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+26.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2084

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 codes2E2F2G2J

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.

Opportunity flags

1 tripped

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

$439K

$54824 / participant

Other / not subdivided$439K100.0%

% of EOY assets

25.524%

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

$171,832

$135,954+26.4%

$123,893+38.7%

$273,968-37.3%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

6.16%

56.63%-50.5pp

47.52%-41.4pp

41.45%-35.3pp

Employer contribution / active EE

$3,705

$5,170-28.3%

$4,617-19.7%

$4,869-23.9%

Participant deferral / active EE

$12,579

$6,343+98.3%

$5,984+110.2%

$5,287+137.9%

Admin fee / account holder

$43,859

$9,817+346.8%

$8,357+424.8%

$10,132+332.9%

BRANT, REITER, MCCORMICK & JOHNSON, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRANT, REITER, MCCORMICK & JOHNSON, P.A. 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