Retirement plan

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

Name: JACKSON THORNTON & CO., P.C. - JACKSON THORNTON & CO., P.C. 401(K) PLAN (2018) 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 2018

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

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$75.5M

-9.3% from 2017

Total participants

329

+4.1% from 2017

Average account balance

$236,543

-13.2% from 2017

Annual return

-10.36%

-27.09 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 15 45 SOUTH 7TH STREET, SUITE 2208 · MINNEAPOLIS, MN 55402	Recordkeeping	$52,649
BUCKINGHAM STRATEGIC PARTNERS4+ years Filed as: BUCKINGHAM ASSET MANAGEMENT, LLC Service code 27 8182 MARYLAND AVENUE, STE 500 · ST. LOUIS, MO 63105	Advisory (Plan)	$6,093

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$59K

$275 / participant

Investment mgmt$53K89.6%
Other / not subdivided$6K10.4%

% of EOY assets

0.078%

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

$236,543

$73,102+223.6%

$123,553+91.5%

$56,289+320.2%

Participation rate

95.3%

74.3%+21.0pp

82.3%+13.0pp

69.9%+25.5pp

Annual return

-10.36%

3.01%-13.4pp

119.21%-129.6pp

-9.96%-0.4pp

Employer contribution / active EE

$4,469

$2,977+50.1%

$4,628-3.4%

$2,111+111.7%

Participant deferral / active EE

$6,000

$5,423+10.7%

$6,426-6.6%

$3,350+79.1%

Admin fee / account holder

$184

$554-66.7%

$9,284-98.0%

$521-64.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT TRUST COMPANY

Service code 15

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

Recordkeeping

$52,649

BUCKINGHAM STRATEGIC PARTNERS4+ years

Filed as: BUCKINGHAM ASSET MANAGEMENT, LLC

Service code 27

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

Advisory (Plan)

$6,093

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