Retirement plan

CAUSON & WESTHOFF, CPA'S, PC PROFIT SHARING PLAN

Name: CAUSON & WESTHOFF, CPA'S, P.C. - CAUSON & WESTHOFF, CPA'S, PC PROFIT SHARING PLAN (2020) Form 5500
Creator: CAUSON & WESTHOFF, CPA'S, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAUSON & WESTHOFF, CPA'S, PC PROFIT SHARING PLAN, CAUSON & WESTHOFF, CPA'S, P.C.

CAUSON & WESTHOFF, CPA'S, P.C.EIN 73-1528438Plan #002PY 2020

15 W. 6TH ST., STE. 2310 - TULSA, OK 74119918-382-7000LinkedIn1-10 employeesaccounting

Other plans on this EIN

1 filing

#001Retirement-$211K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$854K

+12.5% from 2019

Total participants

0.0% from 2019

Average account balance

$284,636

+12.5% from 2019

Annual return

13.19%

+2.50 pp from 2019

Benchmarks

See 362 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Cohort362 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$802K

Not enough data

1 years with asset history on file

Average account balance

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

$401K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$46271

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 codes2E2G2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

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

$10K

Other / not subdivided$10K100.0%

% of EOY assets

1.171%

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

$284,636

$213,957+33.0%

$149,745+90.1%

Participation rate

0.0%

79.5%-79.5pp

82.5%-82.5pp

Annual return

13.19%

9.83%+3.4pp

276.72%-263.5pp

Employer contribution / active EE

$3,868-100.0%

$4,646-100.0%

Participant deferral / active EE

$6,177-100.0%

$6,843-100.0%

Admin fee / account holder

$3,333

$24,510-86.4%

$9,312-64.2%

CAUSON & WESTHOFF, CPA'S, PC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAUSON & WESTHOFF, CPA'S, PC 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