Retirement plan

FAUST AND ASSOCIATES CPAS PA 401K PSP

Name: FAUST & ASSOCIATES CPA'S PA - FAUST AND ASSOCIATES CPAS PA 401K PSP (2016) Form 5500
Creator: FAUST & ASSOCIATES CPA'S PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAUST AND ASSOCIATES CPAS PA 401K PSP, FAUST & ASSOCIATES CPA'S PA

FAUST & ASSOCIATES CPA'S PAEIN 64-0916458Plan #001PY 2016

P O BOX 222 - MCCOMB, MS 39649601-684-6382LinkedIn11-50 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$760K

No prior year

Total participants

No prior year

Average account balance

$69,082

No prior year

Annual return

5.86%

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

$2.34M

Not enough data

1 years with asset history on file

Average account balance

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

$180K

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

0 years with headcount on file

Eligible Participants and Participation

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

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$118K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.04%

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 codes2E2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$6K

$570 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.750%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$69,082

$135,956-49.2%

$123,894-44.2%

$273,972-74.8%

Participation rate

70.0%

84.1%-14.1pp

81.4%-11.4pp

83.0%-13.0pp

Annual return

5.86%

56.63%-50.8pp

47.52%-41.7pp

41.46%-35.6pp

Employer contribution / active EE

$1,810

$5,170-65.0%

$4,617-60.8%

$4,869-62.8%

Participant deferral / active EE

$4,066

$6,343-35.9%

$5,984-32.1%

$5,287-23.1%

Admin fee / account holder

$518

$9,817-94.7%

$8,357-93.8%

$10,133-94.9%

FAUST AND ASSOCIATES CPAS PA 401K PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAUST AND ASSOCIATES CPAS PA 401K PSP

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