Retirement plan

CHAFFE MCCALL, LLP TARGET BENEFIT PLAN

Name: CHAFFE MCCALL, L.L.P. - CHAFFE MCCALL, LLP TARGET BENEFIT PLAN (2020) Form 5500
Creator: CHAFFE MCCALL, L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAFFE MCCALL, LLP TARGET BENEFIT PLAN, CHAFFE MCCALL, L.L.P.

CHAFFE MCCALL, L.L.P.EIN 72-0476169Plan #002PY 2020

2300 ENERGY CENTRE, 1100 POYDRAS STREET - NEW ORLEANS, LA 70163504-585-7000chaffe.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$27.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.3M

+15.2% from 2019

Total participants

-2.8% from 2019

Average account balance

$184,012

+22.1% from 2019

Annual return

15.06%

-9.70 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-98.18%

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 codes2B2F2G2R2T3B3D

Plan features

2B
Target benefit plan
Defined contribution plan whose contribution formula is designed to fund a targeted benefit at retirement.
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$443K

$8054 / participant

Other / not subdivided$443K100.0%

% of EOY assets

3.593%

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

$184,012

$98,776+86.3%

$149,745+22.9%

$79,856+130.4%

Participation rate

96.4%

75.8%+20.6pp

82.5%+13.9pp

69.6%+26.7pp

Annual return

15.06%

27.38%-12.3pp

276.72%-261.7pp

31.71%-16.6pp

Employer contribution / active EE

$7,709

$3,217+139.6%

$4,646+65.9%

$2,471+212.0%

Participant deferral / active EE

$5,681-100.0%

$6,843-100.0%

$3,741-100.0%

Admin fee / account holder

$6,612

$6,053+9.2%

$9,312-29.0%

$5,306+24.6%

CHAFFE MCCALL, LLP TARGET BENEFIT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAFFE MCCALL, LLP TARGET BENEFIT 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