Retirement plan

WALLACE, ELLIS, FOWLER & HEAD SELF-EMPLOYED PROFIT SHARING PLAN

Name: ELLIS, HEAD, OWENS & JUSTICE - WALLACE, ELLIS, FOWLER & HEAD SELF-EMPLOYED PROFIT SHARING PLAN (2018) Form 5500
Creator: ELLIS, HEAD, OWENS & JUSTICE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALLACE, ELLIS, FOWLER & HEAD SELF-EMPLOYED PROFIT SHARING PLAN, ELLIS, HEAD, OWENS & JUSTICE

ELLIS, HEAD, OWENS & JUSTICEEIN 63-0521098Plan #001PY 2018

P.O. BOX 587 - COLUMBIANA, AL 35051205-669-6783

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

-0.3% from 2017

Total participants

+25.0% from 2017

Average account balance

$229,132

-20.3% from 2017

Annual return

-5.91%

-16.43 pp from 2017

Benchmarks

See 116,760 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,760 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.50M

Not enough data

1 years with asset history on file

Average account balance

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

$344K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$957

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

+10.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9426

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 codes2E2G2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$104K

$8691 / participant

Other / not subdivided$104K100.0%

% of EOY assets

3.034%

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

$229,132

$138,072+66.0%

$123,549+85.5%

$135,382+69.2%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-5.91%

153.69%-159.6pp

119.20%-125.1pp

519.77%-525.7pp

Employer contribution / active EE

$24,320

$5,152+372.1%

$4,628+425.5%

$4,779+408.9%

Participant deferral / active EE

$6,799-100.0%

$6,426-100.0%

$5,609-100.0%

Admin fee / account holder

$6,952

$10,917-36.3%

$9,284-25.1%

$10,829-35.8%

WALLACE, ELLIS, FOWLER & HEAD SELF-EMPLOYED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALLACE, ELLIS, FOWLER & HEAD SELF-EMPLOYED 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