Retirement plan

SIMON, PERAGINE, SMITH & REDFEARN, L.L.P. ASSOCIATES 401(K) PLAN

Name: SIMON, PERAGINE, SMITH & REDFEARN, L.L.P. - SIMON, PERAGINE, SMITH & REDFEARN, L.L.P. ASSOCIATES 401(K) PLAN (2017) Form 5500
Creator: SIMON, PERAGINE, SMITH & REDFEARN, L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIMON, PERAGINE, SMITH & REDFEARN, L.L.P. ASSOCIATES 401(K) PLAN, SIMON, PERAGINE, SMITH & REDFEARN, L.L.P.

SIMON, PERAGINE, SMITH & REDFEARN, L.L.P.EIN 72-0859959Plan #003PY 2017

1100 POYDRAS ST., 30TH FLOOR - NEW ORLEANS, LA 701633000504-569-2030spsr-law.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$11.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.1M

+51.4% from 2016

Total participants

+6.7% from 2016

Average account balance

$165,779

+21.1% from 2016

Annual return

78.38%

+71.22 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.45M

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

67.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3893

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 codes2G2J3D

Plan features

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.
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

$842K

$32382 / participant

Other / not subdivided$842K100.0%

% of EOY assets

20.315%

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

$165,779

$85,766+93.3%

$136,298+21.6%

$70,126+136.4%

Participation rate

73.1%

74.2%-1.1pp

81.9%-8.8pp

69.5%+3.5pp

Annual return

78.38%

31.46%+46.9pp

5156.27%-5077.9pp

73.15%+5.2pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,343-100.0%

Participant deferral / active EE

$3,934

$5,051-22.1%

$6,247-37.0%

$3,332+18.1%

Admin fee / account holder

$33,677

$5,421+521.3%

$9,244+264.3%

$4,645+624.9%

SIMON, PERAGINE, SMITH & REDFEARN, L.L.P. ASSOCIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIMON, PERAGINE, SMITH & REDFEARN, L.L.P. ASSOCIATES 401(K) 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