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 (2020) 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 2020

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)

$8.6M

+14.1% from 2019

Total participants

+3.6% from 2019

Average account balance

$151,750

+8.1% from 2019

Annual return

11.82%

-4.81 pp from 2019

Benchmarks

See 26,423 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,423 peers

Snapshot2020

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

$174K

$3952 / participant

Other / not subdivided$174K100.0%

% of EOY assets

2.010%

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

$151,750

$98,760+53.7%

$149,715+1.4%

$79,858+90.0%

Participation rate

97.7%

75.8%+21.9pp

82.5%+15.2pp

69.6%+28.1pp

Annual return

11.82%

27.43%-15.6pp

276.66%-264.8pp

31.72%-19.9pp

Employer contribution / active EE

$2,693

$3,217-16.3%

$4,645-42.0%

$2,471+9.0%

Participant deferral / active EE

$5,164

$5,681-9.1%

$6,842-24.5%

$3,740+38.1%

Admin fee / account holder

$3,050

$6,053-49.6%

$9,310-67.2%

$5,306-42.5%

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