Retirement plan

TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P. PROFIT SHARING PLAN

Name: TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P. - TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P. PROFIT SHARING PLAN (2024) Form 5500
Creator: TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P. PROFIT SHARING PLAN, TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P.

TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P.EIN 72-0402904Plan #001PY 2024

PO BOX 2471 - BATON ROUGE, LA 708212471225-387-3221LinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$13.0M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$56M

+15.8% from 2023

Total participants

127

+7.6% from 2023

Average account balance

$440,753

+7.6% from 2023

Annual return

16.74%

+0.07 pp from 2023

Benchmarks

See 28,896 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,896 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.98M

Not enough data

1 years with asset history on file

Average account balance

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

$441K

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.

127

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

$1.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+16.74%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$540
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Securities brokerage	$0

Plan features & details

Pension benefit codes2A2E2G2R3B

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$540

$6 / participant

Recordkeeping$540100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: L.A. CHAMPAGNE & CO., L.L.P.
Auditor EIN: 720454386
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$440,753

$102,393+330.5%

$147,041+199.7%

$80,911+444.7%

Participation rate

100.0%

75.9%+24.1pp

82.2%+17.8pp

67.6%+32.4pp

Annual return

16.74%

134.95%-118.2pp

419.21%-402.5pp

35.63%-18.9pp

Employer contribution / active EE

$17,380

$3,715+367.8%

$4,935+252.2%

$2,756+530.7%

Participant deferral / active EE

$6,647-100.0%

$8,071-100.0%

$4,297-100.0%

Admin fee / account holder

$7,943-99.9%

$13,006-100.0%

$6,935-99.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$540

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Securities brokerage

TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAYLOR, PORTER, BROOKS & PHILLIPS, L.L.P. 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