Retirement plan

RAINWATER, HOLT & SEXTON, P.A. 401(K) PROFIT SHARING PLAN

Name: RAINWATER, HOLT & SEXTON, P.A. - RAINWATER, HOLT & SEXTON, P.A. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: RAINWATER, HOLT & SEXTON, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAINWATER, HOLT & SEXTON, P.A. 401(K) PROFIT SHARING PLAN, RAINWATER, HOLT & SEXTON, P.A.

RAINWATER, HOLT & SEXTON, P.A.EIN 71-0685288Plan #001PY 2021

801 TECHNOLOGY DRIVE - LITTLE ROCK, AR 72223501-868-2919callrainwater.comLinkedIn51-200 employeeslegal services

Other plans on this EIN

1 filing

#002Retirement-$848K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.1M

+29.3% from 2020

Total participants

+17.9% from 2020

Average account balance

$180,382

+9.2% from 2020

Annual return

25.07%

+5.12 pp from 2020

Benchmarks

See 27,004 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,004 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.96M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

157

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.

62.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$621

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

$202K

$6323 / participant

Other / not subdivided$202K100.0%

% of EOY assets

2.493%

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

$180,382

$105,200+71.5%

$159,474+13.1%

$85,847+110.1%

Participation rate

96.9%

75.8%+21.1pp

82.8%+14.0pp

69.3%+27.6pp

Annual return

25.07%

45.08%-20.0pp

263.68%-238.6pp

318.61%-293.5pp

Employer contribution / active EE

$4,940

$3,319+48.9%

$4,831+2.3%

$2,565+92.6%

Participant deferral / active EE

$8,476

$5,946+42.6%

$7,353+15.3%

$3,952+114.5%

Admin fee / account holder

$4,497

$6,934-35.2%

$10,802-58.4%

$6,261-28.2%

RAINWATER, HOLT & SEXTON, P.A. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RAINWATER, HOLT & SEXTON, 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