Retirement plan

RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A. 401(K) PROFIT SHARING PLAN

Name: RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A. - RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A. 401(K) PROFIT SHARING PLAN, RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A.

RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A.EIN 63-0659075Plan #001PY 2024

184 COMMERCE STREET - MONTGOMERY, AL 36104334-206-3100rushtonstakely.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$38.2M

+12.2% from 2023

Total participants

+6.1% from 2023

Average account balance

$587,426

+10.5% from 2023

Annual return

10.95%

-3.24 pp from 2023

Benchmarks

See 28,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,844 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.18M

Not enough data

1 years with asset history on file

Average account balance

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

$587K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$914K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+10.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7929

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 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

3 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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$515K

$9370 / participant

Other / not subdivided$515K100.0%

% of EOY assets

1.350%

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

$587,426

$102,422+473.5%

$147,117+299.3%

$80,959+625.6%

Participation rate

90.9%

75.9%+15.0pp

82.2%+8.7pp

67.7%+23.2pp

Annual return

10.95%

135.16%-124.2pp

420.54%-409.6pp

35.67%-24.7pp

Employer contribution / active EE

$5,454

$3,717+46.7%

$4,932+10.6%

$2,757+97.8%

Participant deferral / active EE

$11,159

$6,652+67.7%

$8,065+38.4%

$4,300+159.5%

Admin fee / account holder

$7,929

$7,953-0.3%

$12,993-39.0%

$6,925+14.5%

RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUSHTON, STAKELY, JOHNSTON & GARRETT, P.A. 401(K) 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