Retirement plan

BRUNINI, GRANTHAM, GROWER & HEWES, PLLC RETIREMENT PLAN

Name: BRUNINI, GRANTHAM, GROWER & HEWES, PLLC - BRUNINI, GRANTHAM, GROWER & HEWES, PLLC RETIREMENT PLAN (2016) Form 5500
Creator: BRUNINI, GRANTHAM, GROWER & HEWES, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRUNINI, GRANTHAM, GROWER & HEWES, PLLC RETIREMENT PLAN, BRUNINI, GRANTHAM, GROWER & HEWES, PLLC

BRUNINI, GRANTHAM, GROWER & HEWES, PLLCEIN 64-0527877Plan #001PY 2016

P O DRAWER 119 - JACKSON, MS 39205601-948-3101brunini.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$27.8M

+10.3% from 2015

Total participants

121

-2.4% from 2015

Average account balance

$235,637

+15.9% from 2015

Annual return

8.48%

+10.09 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.51M

Not enough data

1 years with asset history on file

Average account balance

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

$425K

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.

134.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22267

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

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 10 · EIN 31-4156930	Accounting	$89,781
WITHUMSMITH+BROWN, PC1 year Filed as: MEDLEY AND BROWN LLC Service code 51 · EIN 20-1847253	Investment Mgmt Fees	$14,442
TRUSTMARK NATIONAL BANK2+ years Service code 15 · EIN 64-0180810	Recordkeeping	$1,000

Plan features & details

Pension benefit codes2E2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$111K

$1251 / participant

Investment mgmt$77K69.0%
Contract admin$33K30.1%
Other / not subdivided$1K0.9%

% of EOY assets

0.401%

all-in expense ratio

Categories reported

2 / 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: GRANTHAM, POOLE
Auditor EIN: 640903390
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$235,637

$76,551+207.8%

$123,894+90.2%

$62,881+274.7%

Participation rate

96.6%

73.0%+23.6pp

81.4%+15.2pp

69.3%+27.3pp

Annual return

8.48%

18.68%-10.2pp

47.52%-39.0pp

20.14%-11.7pp

Employer contribution / active EE

$10,451

$2,882+262.6%

$4,617+126.4%

$2,281+358.2%

Participant deferral / active EE

$5,477

$4,840+13.2%

$5,984-8.5%

$3,203+71.0%

Admin fee / account holder

$944

$4,826-80.4%

$8,357-88.7%

$4,296-78.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 10 · EIN 31-4156930

Accounting

$89,781

WITHUMSMITH+BROWN, PC1 year

Filed as: MEDLEY AND BROWN LLC

Service code 51 · EIN 20-1847253

Investment Mgmt Fees

$14,442

TRUSTMARK NATIONAL BANK2+ years

Service code 15 · EIN 64-0180810

Recordkeeping

$1,000

BRUNINI, GRANTHAM, GROWER & HEWES, PLLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRUNINI, GRANTHAM, GROWER & HEWES, PLLC RETIREMENT 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