Retirement plan

FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC. - FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC. 401(K) PROFIT SHARING PLAN AND TRUST, FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC.

FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC.EIN 62-1524828Plan #002PY 2018

2300 CHARLOTTE AVENUE, SUITE 103 - NASHVILLE, TN 37203615-329-9902

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$5.5M

+10.6% from 2017

Total participants

136

+12.4% from 2017

Average account balance

$43,151

+1.0% from 2017

Annual return

-4.25%

-25.52 pp from 2017

Benchmarks

See 599 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort599 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.74M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

183

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.

83.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$227

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
CYPRESS WEALTH SERVICES LLC1 year Filed as: CYPRESS CAPITAL ADVISORS, LLC Service code 27 105 CONTINENTAL PL, STE 150 · BRENTWOOD, TN 37027	Advisory (Plan)	$12,507
FORUS INC DBA FORUSALL1 year Service code 27 665 THIRD ST STE 400 · SAN FRANCISCO, CA 94107	Advisory (Plan)	$4,179
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MGMT CO, INC. Service code 64 333 SOUTH HOPE STREET · LOST ANGELES, CA 90071	Recordkeeping Fees	$2,860
AVINTUS1 year Service code 13 · EIN 04-3682160 113 SEABOARD LN, STE B150 · FRANKLIN, TN 37067	Contract Administrator	$950

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$17K

$139 / participant

Contract admin$17K100.0%

% of EOY assets

0.305%

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: LBMC, PC
Auditor EIN: 621199757
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,151

$44,221-2.4%

$121,220-64.4%

$56,289-23.3%

Participation rate

92.5%

61.1%+31.4pp

71.8%+20.7pp

69.9%+22.6pp

Annual return

-4.25%

-3.58%-0.7pp

16.94%-21.2pp

-9.96%+5.7pp

Employer contribution / active EE

$3,022

$1,480+104.2%

$4,023-24.9%

$2,111+43.1%

Participant deferral / active EE

$4,680

$2,521+85.6%

$3,345+39.9%

$3,350+39.7%

Admin fee / account holder

$132

$480-72.6%

$5,021-97.4%

$521-74.7%

Provider

Service type

Compensation

CYPRESS WEALTH SERVICES LLC1 year

Filed as: CYPRESS CAPITAL ADVISORS, LLC

Service code 27

105 CONTINENTAL PL, STE 150 · BRENTWOOD, TN 37027

Advisory (Plan)

$12,507

FORUS INC DBA FORUSALL1 year

Service code 27

665 THIRD ST STE 400 · SAN FRANCISCO, CA 94107

Advisory (Plan)

$4,179

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MGMT CO, INC.

Service code 64

333 SOUTH HOPE STREET · LOST ANGELES, CA 90071

Recordkeeping Fees

$2,860

AVINTUS1 year

Service code 13 · EIN 04-3682160

113 SEABOARD LN, STE B150 · FRANKLIN, TN 37067

Contract Administrator

$950

FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLOOD, BUMSTEAD, MCCREADY, & MCCARTHY, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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