Retirement plan

LATTIMORE, BLACK, MORGAN AND CAIN, P.C. PROFIT SHARING PLAN

Name: LATTIMORE, BLACK, MORGAN AND CAIN, P.C. - LATTIMORE, BLACK, MORGAN AND CAIN, P.C. PROFIT SHARING PLAN (2016) Form 5500
Creator: LATTIMORE, BLACK, MORGAN AND CAIN, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LATTIMORE, BLACK, MORGAN AND CAIN, P.C. PROFIT SHARING PLAN, LATTIMORE, BLACK, MORGAN AND CAIN, P.C.

LATTIMORE, BLACK, MORGAN AND CAIN, P.C.EIN 62-1199757Plan #001PY 2016

201 FRANKLIN ROAD, PO BOX 1869 - BRENTWOOD, TN 37027615-377-4600lbmc.comLinkedIn501-1000 employeesaccounting

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$34.4M

No prior year

Total participants

381

No prior year

Average account balance

$90,612

No prior year

Annual return

-0.08%

No prior year

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

$85.72M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

757

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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 2 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: THE RETIREMENT PLAN COMPANY, LLC Service code 15 · EIN 38-3712991	Recordkeeping	$108,581
LT TRUST COMPANY1+ years Filed as: MG TRUST COMPANY LLC Service code 26 · EIN 75-3182674	Advisory (Participants)	$14,939

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$106K

$357 / participant

Investment mgmt$64K60.4%
Other / not subdivided$42K39.6%

% of EOY assets

0.309%

all-in expense ratio

Categories reported

1 / 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: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,612

$80,177+13.0%

$123,894-26.9%

$57,658+57.2%

Participation rate

99.7%

74.4%+25.2pp

81.4%+18.3pp

70.2%+29.4pp

Annual return

-0.08%

17.90%-18.0pp

47.52%-47.6pp

5.13%-5.2pp

Employer contribution / active EE

$5,185

$2,913+78.0%

$4,617+12.3%

$1,974+162.7%

Participant deferral / active EE

$5,991

$5,130+16.8%

$5,984+0.1%

$3,061+95.8%

Admin fee / account holder

$280

$106+163.3%

$8,357-96.7%

$95+196.1%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1+ years

Filed as: THE RETIREMENT PLAN COMPANY, LLC

Service code 15 · EIN 38-3712991

Recordkeeping

$108,581

LT TRUST COMPANY1+ years

Filed as: MG TRUST COMPANY LLC

Service code 26 · EIN 75-3182674

Advisory (Participants)

$14,939

LATTIMORE, BLACK, MORGAN AND CAIN, P.C. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LATTIMORE, BLACK, MORGAN AND CAIN, P.C. 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