Retirement plan

WATKINS & EAGER PLLC 401(K) SAVINGS PLAN

Name: WATKINS & EAGER PLLC - WATKINS & EAGER PLLC 401(K) SAVINGS PLAN (2020) Form 5500
Creator: WATKINS & EAGER PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATKINS & EAGER PLLC 401(K) SAVINGS PLAN, WATKINS & EAGER PLLC

WATKINS & EAGER PLLCEIN 64-0261610Plan #001PY 2020

P. O. BOX 650 - JACKSON, MS 392050650601-965-1900watkinseager.comLinkedIn51-200 employeeslegal services

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$109.7M

+7.3% from 2019

Total participants

143

-3.4% from 2019

Average account balance

$778,132

+11.1% from 2019

Annual return

11.31%

-8.31 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$132.52M

Not enough data

1 years with asset history on file

Average account balance

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

$967K

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.

137

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+12.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$143

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 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Filed as: VANGUARD GROUP INC Service code 59 · EIN 23-1945930 455 DEVON PARK DRIVE · WAYNE, PA 190871815	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2K3B

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

2 tripped

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

$19K

$180 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.017%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HARPER RAINS KNIGHT & COMPANY
Auditor EIN: 640809101
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$778,132

$99,957+678.5%

$149,730+419.7%

$73,493+958.8%

Participation rate

98.1%

75.7%+22.4pp

82.5%+15.6pp

70.7%+27.4pp

Annual return

11.31%

53.87%-42.6pp

276.70%-265.4pp

28.51%-17.2pp

Employer contribution / active EE

$17,450

$3,191+446.8%

$4,645+275.7%

$2,270+668.7%

Participant deferral / active EE

$9,223

$6,073+51.9%

$6,843+34.8%

$3,740+146.6%

Admin fee / account holder

$136

$551-75.4%

$9,310-98.5%

$513-73.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Filed as: VANGUARD GROUP INC

Service code 59 · EIN 23-1945930

455 DEVON PARK DRIVE · WAYNE, PA 190871815

Shareholder Servicing

WATKINS & EAGER PLLC 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATKINS & EAGER PLLC 401(K) SAVINGS 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