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 (2017) 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 2017

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$38.7M

+12.3% from 2016

Total participants

429

+12.6% from 2016

Average account balance

$91,016

+0.4% from 2016

Annual return

16.58%

+16.66 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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 SERVICES2+ years Filed as: THE RETIREMENT PLAN COMPANY, LLC Service code 15 · EIN 38-3712991	Recordkeeping	$109,546
LT TRUST COMPANY2+ years Filed as: MG TRUST COMPANY LLC Service code 26 · EIN 75-3182674	Advisory (Participants)	$17,021

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$115K

$341 / participant

Investment mgmt$64K56.1%
Other / not subdivided$50K43.9%

% of EOY assets

0.297%

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

$91,016

$155,795-41.6%

$136,297-33.2%

$69,631+30.7%

Participation rate

98.8%

75.2%+23.6pp

81.9%+16.9pp

70.7%+28.1pp

Annual return

16.58%

232464.33%-232447.8pp

5156.19%-5139.6pp

27571.02%-27554.4pp

Employer contribution / active EE

$4,536

$2,991+51.7%

$4,696-3.4%

$2,032+123.2%

Participant deferral / active EE

$5,800

$5,394+7.5%

$6,247-7.2%

$3,224+79.9%

Admin fee / account holder

$270

$128+110.5%

$9,244-97.1%

$110+144.5%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: THE RETIREMENT PLAN COMPANY, LLC

Service code 15 · EIN 38-3712991

Recordkeeping

$109,546

LT TRUST COMPANY2+ years

Filed as: MG TRUST COMPANY LLC

Service code 26 · EIN 75-3182674

Advisory (Participants)

$17,021

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