Retirement plan

HAMMONS AND ASSOCIATES, INC 401K PLAN

Name: HAMMONS AND ASSOCIATES, INC - HAMMONS AND ASSOCIATES, INC 401K PLAN (2021) Form 5500
Creator: HAMMONS AND ASSOCIATES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAMMONS AND ASSOCIATES, INC 401K PLAN, HAMMONS AND ASSOCIATES, INC

HAMMONS AND ASSOCIATES, INCEIN 73-1034499Plan #001PY 2021

325 DEAN A MCGEE AVE - OKLAHOMA CITY, OK 731023401405-235-6100

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+16.5% from 2020

Total participants

0.0% from 2020

Average account balance

$248,843

+16.5% from 2020

Annual return

16.44%

+3.73 pp from 2020

Benchmarks

See 126,102 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort126,102 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.75M

Not enough data

1 years with asset history on file

Average account balance

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

$392K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

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

+14.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14947

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 codes3D2J2G

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

$135K

$13492 / participant

Other / not subdivided$135K100.0%

% of EOY assets

6.024%

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

$248,843

$176,105+41.3%

$159,474+56.0%

$167,536+48.5%

Participation rate

70.0%

85.0%-15.0pp

82.8%-12.8pp

82.1%-12.1pp

Annual return

16.44%

331.91%-315.5pp

263.68%-247.2pp

478.82%-462.4pp

Employer contribution / active EE

$3,406

$5,299-35.7%

$4,831-29.5%

$4,839-29.6%

Participant deferral / active EE

$8,206

$7,751+5.9%

$7,353+11.6%

$6,342+29.4%

Admin fee / account holder

$14,991

$12,559+19.4%

$10,802+38.8%

$12,315+21.7%

HAMMONS AND ASSOCIATES, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAMMONS AND ASSOCIATES, INC 401K 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