Retirement plan

GAMMILL, BOYD & ANDERSON, P.A. 401(K) PROFIT SHARING PLAN

Name: GAMMILL, BOYD & ANDERSON, P.A. - GAMMILL, BOYD & ANDERSON, P.A. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: GAMMILL, BOYD & ANDERSON, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GAMMILL, BOYD & ANDERSON, P.A. 401(K) PROFIT SHARING PLAN, GAMMILL, BOYD & ANDERSON, P.A.

GAMMILL, BOYD & ANDERSON, P.A.EIN 71-0520775Plan #001PY 2019

5026 OLD GREENWOOD STREET - FORT SMITH, AR 72903479-648-1121gammillcpa.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$605K

+17.5% from 2018

Total participants

0.0% from 2018

Average account balance

$121,093

+17.5% from 2018

Annual return

20.10%

+23.10 pp from 2018

Benchmarks

See 119,329 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,329 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$703K

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1019

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 codes2E2G2J2R

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.

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

$35K

$8865 / participant

Other / not subdivided$35K100.0%

% of EOY assets

5.856%

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

$121,093

$157,304-23.0%

$141,197-14.2%

$152,909-20.8%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

20.10%

64.34%-44.2pp

71.41%-51.3pp

345.46%-325.4pp

Employer contribution / active EE

$2,215

$5,263-57.9%

$4,736-53.2%

$4,764-53.5%

Participant deferral / active EE

$2,575

$7,111-63.8%

$6,710-61.6%

$5,851-56.0%

Admin fee / account holder

$7,092

$12,126-41.5%

$10,265-30.9%

$11,601-38.9%

GAMMILL, BOYD & ANDERSON, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GAMMILL, BOYD & ANDERSON, P.A. 401(K) PROFIT SHARING 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