Retirement plan

MCPHILLIPS SHINBAUM LLP 401K PROFIT SHARING PLAN

Name: MCPHILLIPS SHINBAUM LLP - MCPHILLIPS SHINBAUM LLP 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: MCPHILLIPS SHINBAUM LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCPHILLIPS SHINBAUM LLP 401K PROFIT SHARING PLAN, MCPHILLIPS SHINBAUM LLP

MCPHILLIPS SHINBAUM LLPEIN 63-0868255Plan #003PY 2016

516 S PERRY ST - MONTGOMERY, AL 361044631334-262-1911mcphillipsshinbaum.comLinkedIn11-50 employeeslaw practice

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$570K

No prior year

Total participants

No prior year

Average account balance

$43,875

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3E

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.
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.
3E
One-participant plan combining with another plan
A one-participant plan that satisfies minimum coverage requirements of section 410(b) only when combined with another plan of the employer.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$43,875

$135,956-67.7%

$123,894-64.6%

$273,972-84.0%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

0.00%

56.63%-56.6pp

47.52%-47.5pp

41.46%-41.5pp

Employer contribution / active EE

$953

$5,170-81.6%

$4,617-79.4%

$4,869-80.4%

Participant deferral / active EE

$2,276

$6,343-64.1%

$5,984-62.0%

$5,287-57.0%

Admin fee / account holder

$9,817-100.0%

$8,357-100.0%

$10,133-100.0%

MCPHILLIPS SHINBAUM LLP 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MCPHILLIPS SHINBAUM LLP 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion