Retirement plan

MCDOWELL KNIGHT ROEDDER & SLEDGE L.L.C. 401(K) PROFIT SHARING PLAN

Name: MCDOWELL KNIGHT ROEDDER & SLEDGE, L.L.C. - MCDOWELL KNIGHT ROEDDER & SLEDGE L.L.C. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: MCDOWELL KNIGHT ROEDDER & SLEDGE, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MCDOWELL KNIGHT ROEDDER & SLEDGE L.L.C. 401(K) PROFIT SHARING PLAN, MCDOWELL KNIGHT ROEDDER & SLEDGE, L.L.C.

MCDOWELL KNIGHT ROEDDER & SLEDGE, L.L.C.EIN 72-1379896Plan #001PY 2021

11 NORTH WATER ST SUITE 13290 - MOBILE, AL 36602251-432-5300

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$24M

+21.0% from 2020

Total participants

0.0% from 2020

Average account balance

$614,352

+21.0% from 2020

Annual return

18.65%

-1.12 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

$13.66M

Not enough data

1 years with asset history on file

Average account balance

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

$414K

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.

143.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$586K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$219831

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 codes2E2J2F2G3D2T3B

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$278K

$9254 / participant

Other / not subdivided$278K100.0%

% of EOY assets

1.159%

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

$614,352

$105,200+484.0%

$159,474+285.2%

$85,847+615.6%

Participation rate

100.0%

75.8%+24.2pp

82.8%+17.2pp

69.3%+30.7pp

Annual return

18.65%

45.08%-26.4pp

263.68%-245.0pp

318.61%-300.0pp

Employer contribution / active EE

$15,334

$3,319+362.0%

$4,831+217.4%

$2,565+497.7%

Participant deferral / active EE

$7,471

$5,946+25.7%

$7,353+1.6%

$3,952+89.0%

Admin fee / account holder

$7,118

$6,934+2.6%

$10,802-34.1%

$6,261+13.7%

MCDOWELL KNIGHT ROEDDER & SLEDGE L.L.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MCDOWELL KNIGHT ROEDDER & SLEDGE L.L.C. 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