Retirement plan

MCBRAYER, MCGINNIS, LESLIE, & KIRKLAND 401(K) PROFIT SHARING PLAN

Name: MCBRAYER, MCGINNIS, LESLIE & KIRKLAND, PLLC - MCBRAYER, MCGINNIS, LESLIE, & KIRKLAND 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MCBRAYER, MCGINNIS, LESLIE & KIRKLAND, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCBRAYER, MCGINNIS, LESLIE, & KIRKLAND 401(K) PROFIT SHARING PLAN, MCBRAYER, MCGINNIS, LESLIE & KIRKLAND, PLLC

MCBRAYER, MCGINNIS, LESLIE & KIRKLAND, PLLCEIN 61-1050158Plan #001PY 2017

201 EAST MAIN STREET, SUITE 900 - LEXINGTON, KY 40507mcbrayerfirm.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$16.7M

+21.7% from 2016

Total participants

+1.1% from 2016

Average account balance

$181,766

+21.7% from 2016

Annual return

16.79%

+5.09 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

$26.63M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

155

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.14M

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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

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 codes2E2F2G2J3B3D

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.
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

$414K

$4927 / participant

Other / not subdivided$414K100.0%

% of EOY assets

2.475%

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

$181,766

$85,766+111.9%

$136,297+33.4%

$70,124+159.2%

Participation rate

98.8%

74.2%+24.7pp

81.9%+16.9pp

69.5%+29.3pp

Annual return

16.79%

31.45%-14.7pp

5156.19%-5139.4pp

73.14%-56.4pp

Employer contribution / active EE

$5,293

$2,966+78.5%

$4,696+12.7%

$2,342+126.0%

Participant deferral / active EE

$6,961

$5,051+37.8%

$6,247+11.4%

$3,332+108.9%

Admin fee / account holder

$4,499

$5,420-17.0%

$9,244-51.3%

$4,645-3.2%

MCBRAYER, MCGINNIS, LESLIE, & KIRKLAND 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCBRAYER, MCGINNIS, LESLIE, & KIRKLAND 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