Retirement plan

EMPLOYEE BENEFIT PLAN OF WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC

Name: WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC - EMPLOYEE BENEFIT PLAN OF WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC (2019) Form 5500
Creator: WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC, WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC

WIMBERLY LAWSON WRIGHT DAVES JONES, PLLCEIN 62-1684580Plan #001PY 2019

550 W MAIN ST STE 900 - KNOXVILLE, TN 379022552865-546-1000LinkedIn1-10 employeeslegal services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$7.6M

+15.9% from 2018

Total participants

-11.1% from 2018

Average account balance

$140,406

+33.0% from 2018

Annual return

16.63%

+21.67 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.43M

Not enough data

1 years with asset history on file

Average account balance

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

$165K

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.

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.

214.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18107

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

0 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 codes2F2G2T

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$484K

$10765 / participant

Other / not subdivided$484K100.0%

% of EOY assets

6.389%

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

$140,406

$89,370+57.1%

$141,197-0.6%

$72,976+92.4%

Participation rate

95.6%

75.1%+20.4pp

82.5%+13.1pp

69.5%+26.1pp

Annual return

16.63%

111.88%-95.2pp

71.41%-54.8pp

81.02%-64.4pp

Employer contribution / active EE

$4,293

$3,115+37.8%

$4,736-9.4%

$2,440+75.9%

Participant deferral / active EE

$5,365

$5,419-1.0%

$6,710-20.0%

$3,608+48.7%

Admin fee / account holder

$8,970

$5,957+50.6%

$10,265-12.6%

$5,124+75.1%

EMPLOYEE BENEFIT PLAN OF WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF WIMBERLY LAWSON WRIGHT DAVES JONES, PLLC

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