Retirement plan

MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC PROFIT SHARING PLAN AND TRUST

Name: MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC - MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC PROFIT SHARING PLAN AND TRUST, MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC

MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLCEIN 71-0261429Plan #001PY 2016

425 WEST CAPITOL SUITE 1800 - LITTLE ROCK, AR 722013525501-370-4212mitchellwilliamslaw.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$32.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.1M

+20.1% from 2015

Total participants

115

+11.7% from 2015

Average account balance

$61,521

+7.6% from 2015

Annual return

32.08%

+31.74 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

$14.60M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

179

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.

92.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.41M

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$666

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

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 codes2E2G2J2R2T3F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

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

$1.1M

$14627 / participant

Other / not subdivided$1M100.0%

% of EOY assets

15.919%

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

$61,521

$76,551-19.6%

$123,894-50.3%

$62,881-2.2%

Participation rate

100.0%

73.0%+27.0pp

81.4%+18.6pp

69.3%+30.7pp

Annual return

32.08%

18.68%+13.4pp

47.52%-15.4pp

20.14%+11.9pp

Employer contribution / active EE

$2,793

$2,882-3.1%

$4,617-39.5%

$2,281+22.5%

Participant deferral / active EE

$2,627

$4,840-45.7%

$5,984-56.1%

$3,203-18.0%

Admin fee / account holder

$9,793

$4,826+102.9%

$8,357+17.2%

$4,296+128.0%

MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MITCHELL WILLIAMS SELIG GATES & WOODYARD PLLC PROFIT SHARING PLAN AND TRUST

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