Retirement plan

JACKSON THORNTON & CO., P.C. 401(K) PLAN

Name: JACKSON THORNTON & CO., P.C. - JACKSON THORNTON & CO., P.C. 401(K) PLAN (2017) Form 5500
Creator: JACKSON THORNTON & CO., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JACKSON THORNTON & CO., P.C. 401(K) PLAN, JACKSON THORNTON & CO., P.C.

JACKSON THORNTON & CO., P.C.EIN 63-1035228Plan #001PY 2017

P.O. BOX 96 - MONTGOMERY, AL 361010096334-834-7660jacksonthornton.comLinkedIn51-200 employeesaccounting

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$83.2M

+17.3% from 2016

Total participants

316

+2.3% from 2016

Average account balance

$272,651

+13.1% from 2016

Annual return

16.72%

+4.23 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$119.94M

Not enough data

1 years with asset history on file

Average account balance

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

$387K

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.

310

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.

77.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$253

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
BUCKINGHAM STRATEGIC PARTNERS3+ years Filed as: BUCKINGHAM ASSET MANAGEMENT, LLC Service code 27 8182 MARYLAND AVENUE, STE 500 · ST. LOUIS, MO 63105	Advisory (Plan)	$41,090
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 15 45 SOUTH 7TH STREET, SUITE 2208 · MINNEAPOLIS, MN 55402	Recordkeeping	$13,447

Plan features & details

Pension benefit codes2E2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$55K

$270 / participant

Investment mgmt$41K75.3%
Other / not subdivided$13K24.7%

% of EOY assets

0.066%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: JAMISONMONEYFARMER PC
Auditor EIN: 630933119
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$272,651

$80,753+237.6%

$136,298+100.0%

$62,293+337.7%

Participation rate

94.6%

73.5%+21.0pp

81.9%+12.6pp

69.5%+25.0pp

Annual return

16.72%

35.83%-19.1pp

5156.27%-5139.5pp

28.90%-12.2pp

Employer contribution / active EE

$4,819

$2,884+67.1%

$4,696+2.6%

$2,042+136.0%

Participant deferral / active EE

$5,965

$5,164+15.5%

$6,247-4.5%

$3,169+88.2%

Admin fee / account holder

$179

$525-65.9%

$9,244-98.1%

$479-62.7%

Provider

Service type

Compensation

BUCKINGHAM STRATEGIC PARTNERS3+ years

Filed as: BUCKINGHAM ASSET MANAGEMENT, LLC

Service code 27

8182 MARYLAND AVENUE, STE 500 · ST. LOUIS, MO 63105

Advisory (Plan)

$41,090

NEWPORT GROUP, INC.2 years

Filed as: NEWPORT TRUST COMPANY

Service code 15

45 SOUTH 7TH STREET, SUITE 2208 · MINNEAPOLIS, MN 55402

Recordkeeping

$13,447

JACKSON THORNTON & CO., P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JACKSON THORNTON & CO., P.C. 401(K) 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