Retirement plan

MEHAFFY & WEBER, P.C. PROFIT SHARING PLAN AND TRUST

Name: MEHAFFY & WEBER, P.C. - MEHAFFY & WEBER, P.C. PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: MEHAFFY & WEBER, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEHAFFY & WEBER, P.C. PROFIT SHARING PLAN AND TRUST, MEHAFFY & WEBER, P.C.

MEHAFFY & WEBER, P.C.EIN 74-1727620Plan #004PY 2018

2615 CALDER AVENUE, 8TH FLOOR - BEAUMONT, TX 777021986409-835-5011

Other plans on this EIN

1 filing

#002Retirement-$22.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.3M

+9.4% from 2017

Total participants

105

+2.9% from 2017

Average account balance

$231,241

+21.3% from 2017

Annual return

9.29%

-0.95 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Not enough data

0 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

-42.77%

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

Top 4 by compensation

Provider	Service type	Compensation
ARGENT TRUST COMPANY3+ years Filed as: ARGENT TRUST COMPANY, N.A. Service code 21 · EIN 72-1173060 6280 DELAWARE, SUITE B · BEAUMONT, TX 77706	Bank Trustee	$81,405
THEOBOLD, DEMAHY & CO., P.C.3+ years Service code 10 · EIN 74-1873382 3522 CALDER AVE. · BEAUMONT, TX 77702	Accounting	$10,400
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: UNITED RETIREMENT PLAN CONSULTANTS Service code 15 · EIN 25-1759623 1001 S. DAIRY ASHFORD, SUITE 390 · HOUSTON, TX 77077	Recordkeeping	$7,990
CHAMBERLAIN, HRDLICKA, WHITE, WILLI2 years Service code 29 · EIN 74-1541761 1200 SMITH STREET, SUITE 1400 · HOUSTON, TX 77002	Legal	$4,769

Plan features & details

Pension benefit codes2A2E

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.

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

$107K

$1366 / participant

Investment mgmt$88K82.3%
Other / not subdivided$19K17.7%

% of EOY assets

0.501%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: THEOBOLD, DEMAHY & CO., P.C.
Auditor EIN: 741873382
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$231,241

$77,817+197.2%

$123,553+87.2%

$64,173+260.3%

Participation rate

83.3%

74.7%+8.6pp

82.3%+1.0pp

69.6%+13.8pp

Annual return

9.29%

12.49%-3.2pp

119.21%-109.9pp

7.63%+1.7pp

Employer contribution / active EE

$2,415

$3,014-19.9%

$4,628-47.8%

$2,381+1.4%

Participant deferral / active EE

$5,240-100.0%

$6,426-100.0%

$3,470-100.0%

Admin fee / account holder

$1,159

$5,519-79.0%

$9,284-87.5%

$4,887-76.3%

Provider

Service type

Compensation

ARGENT TRUST COMPANY3+ years

Filed as: ARGENT TRUST COMPANY, N.A.

Service code 21 · EIN 72-1173060

6280 DELAWARE, SUITE B · BEAUMONT, TX 77706

Bank Trustee

$81,405

THEOBOLD, DEMAHY & CO., P.C.3+ years

Service code 10 · EIN 74-1873382

3522 CALDER AVE. · BEAUMONT, TX 77702

Accounting

$10,400

EPIC RETIREMENT PLAN SERVICES3+ years

Filed as: UNITED RETIREMENT PLAN CONSULTANTS

Service code 15 · EIN 25-1759623

1001 S. DAIRY ASHFORD, SUITE 390 · HOUSTON, TX 77077

Recordkeeping

$7,990

CHAMBERLAIN, HRDLICKA, WHITE, WILLI2 years

Service code 29 · EIN 74-1541761

1200 SMITH STREET, SUITE 1400 · HOUSTON, TX 77002

Legal

$4,769

MEHAFFY & WEBER, P.C. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEHAFFY & WEBER, P.C. 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