Retirement plan

HARGROVE, SMELLEY & STRICKLAND, A P.L.C. 401(K) PROFIT SHARING PLAN AND TRUST

Name: HARGROVE, SMELLEY & STRICKLAND, A P.L.C. - HARGROVE, SMELLEY & STRICKLAND, A P.L.C. 401(K) PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: HARGROVE, SMELLEY & STRICKLAND, A P.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARGROVE, SMELLEY & STRICKLAND, A P.L.C. 401(K) PROFIT SHARING PLAN AND TRUST, HARGROVE, SMELLEY & STRICKLAND, A P.L.C.

HARGROVE, SMELLEY & STRICKLAND, A P.L.C.EIN 72-1259667Plan #001PY 2017

401 MARKET STREET, SUITE 600 - SHREVEPORT, LA 71101318-429-7200hargrovelawfirm.netLinkedIn11-50 employeeslaw practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.2M

No prior year

Total participants

No prior year

Average account balance

$111,139

No prior year

Annual return

13.30%

No prior year

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

$4K

Not enough data

1 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

+3.58%

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 codes2E2G2J3D

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.
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

$177K

$10415 / participant

Other / not subdivided$177K100.0%

% of EOY assets

5.494%

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

$111,139

$150,447-26.1%

$136,298-18.5%

$147,586-24.7%

Participation rate

94.1%

84.4%+9.7pp

81.9%+12.2pp

82.8%+11.3pp

Annual return

13.30%

1049.15%-1035.9pp

5156.27%-5143.0pp

578.59%-565.3pp

Employer contribution / active EE

$9,044

$5,256+72.1%

$4,696+92.6%

$4,876+85.5%

Participant deferral / active EE

$7,832

$6,631+18.1%

$6,247+25.4%

$5,439+44.0%

Admin fee / account holder

$6,105

$10,906-44.0%

$9,244-34.0%

$10,886-43.9%

HARGROVE, SMELLEY & STRICKLAND, A P.L.C. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARGROVE, SMELLEY & STRICKLAND, A P.L.C. 401(K) PROFIT SHARING PLAN AND TRUST

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