Retirement plan

STITES & HARBISON, PLLC RESTATED SECURITY PLAN I

Name: STITES & HARBISON - STITES & HARBISON, PLLC RESTATED SECURITY PLAN I (2016) Form 5500
Creator: STITES & HARBISON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STITES & HARBISON, PLLC RESTATED SECURITY PLAN I, STITES & HARBISON

STITES & HARBISONEIN 61-0680249Plan #001PY 2016

400 WEST MARKET STREET, SUITE 1800 - LOUISVILLE, KY 402023352502-587-3400stites.comLinkedIn201-500 employeeslaw practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$137.7M

-0.0% from 2015

Total participants

527

-4.9% from 2015

Average account balance

$264,861

+6.5% from 2015

Annual return

7.55%

-29.41 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$183.60M

Not enough data

1 years with asset history on file

Average account balance

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

$377K

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.

487

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$300

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON CAPITAL ADVISORS INC. Service code 16 3355 LENOX ROAD · ATLANTA, GA 30326	Consulting	$33,000
CROWE LLP1 year Filed as: CROWE HORWATH LLP Service code 15 · EIN 35-0921680	Recordkeeping	$23,125
T ROWE PRICE RPS INC2+ years Filed as: T. ROWE PRICE TRUST COMPANY Service code 15 · EIN 52-1481931	Recordkeeping	$14,269
ASCENSUS LLC1 year Filed as: RETIREMENT MANAGEMENT SERVICES, LLC Service code 16 905 LILY CREEK ROAD · LOUISVILLE, KY 40243	Consulting	$7,500

Plan features & details

Pension benefit codes2E2F2G2J2R3B

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$82K

$226 / participant

Investment mgmt$45K54.5%
Contract admin$14K17.3%
Other / not subdivided$23K28.1%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CROWE HORWATH LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$264,861

$80,177+230.3%

$123,894+113.8%

$57,658+359.4%

Participation rate

98.1%

74.4%+23.6pp

81.4%+16.7pp

70.2%+27.8pp

Annual return

7.55%

17.90%-10.4pp

47.52%-40.0pp

5.13%+2.4pp

Employer contribution / active EE

$7,867

$2,913+170.1%

$4,617+70.4%

$1,974+298.6%

Participant deferral / active EE

$7,224

$5,130+40.8%

$5,984+20.7%

$3,061+136.0%

Admin fee / account holder

$158

$106+48.8%

$8,357-98.1%

$95+67.3%

Provider

Service type

Compensation

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON CAPITAL ADVISORS INC.

Service code 16

3355 LENOX ROAD · ATLANTA, GA 30326

Consulting

$33,000

CROWE LLP1 year

Filed as: CROWE HORWATH LLP

Service code 15 · EIN 35-0921680

Recordkeeping

$23,125

T ROWE PRICE RPS INC2+ years

Filed as: T. ROWE PRICE TRUST COMPANY

Service code 15 · EIN 52-1481931

Recordkeeping

$14,269

ASCENSUS LLC1 year

Filed as: RETIREMENT MANAGEMENT SERVICES, LLC

Service code 16

905 LILY CREEK ROAD · LOUISVILLE, KY 40243

Consulting

$7,500

STITES & HARBISON, PLLC RESTATED SECURITY PLAN I

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STITES & HARBISON, PLLC RESTATED SECURITY PLAN I

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