Retirement plan

DORSEY, GRAY, NORMENT & HOPGOOD 401(K) PROFIT SHARING PLAN

Name: DORSEY, GRAY, NORMENT & HOPGOOD - DORSEY, GRAY, NORMENT & HOPGOOD 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: DORSEY, GRAY, NORMENT & HOPGOOD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DORSEY, GRAY, NORMENT & HOPGOOD 401(K) PROFIT SHARING PLAN, DORSEY, GRAY, NORMENT & HOPGOOD

DORSEY, GRAY, NORMENT & HOPGOODEIN 61-0462803Plan #001PY 2017

318 SECOND STREET - HENDERSON, KY 42420270-826-3965

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+17.3% from 2016

Total participants

-6.7% from 2016

Average account balance

$101,152

+25.7% from 2016

Annual return

14.02%

+9.47 pp from 2016

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.73M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2686

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 codes2E3B3D2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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

$57K

$4740 / participant

Other / not subdivided$57K100.0%

% of EOY assets

4.017%

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

$101,152

$150,446-32.8%

$136,297-25.8%

$147,585-31.5%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

14.02%

1049.14%-1035.1pp

5156.19%-5142.2pp

578.58%-564.6pp

Employer contribution / active EE

$2,793

$5,256-46.9%

$4,696-40.5%

$4,876-42.7%

Participant deferral / active EE

$4,346

$6,631-34.5%

$6,247-30.4%

$5,439-20.1%

Admin fee / account holder

$4,063

$10,906-62.7%

$9,244-56.0%

$10,886-62.7%

DORSEY, GRAY, NORMENT & HOPGOOD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DORSEY, GRAY, NORMENT & HOPGOOD 401(K) 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