Retirement plan

FULBRIGHT WINNIFORD, A PROFESSIONAL CORP EMPLOYEES PROFIT SHARING PLAN AND TRUST

Name: FULBRIGHT WINNIFORD P.C. - FULBRIGHT WINNIFORD, A PROFESSIONAL CORP EMPLOYEES PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: FULBRIGHT WINNIFORD P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FULBRIGHT WINNIFORD, A PROFESSIONAL CORP EMPLOYEES PROFIT SHARING PLAN AND TRUST, FULBRIGHT WINNIFORD P.C.

FULBRIGHT WINNIFORD P.C.EIN 74-2200690Plan #001PY 2024

425 AUSTIN AVENUE, ALICO BUILDING 22ND FLOOR - WACO, TX 76701254-776-6000fulbrightlaw.comLinkedIn1-10 employeeslaw practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2M

-29.3% from 2023

Total participants

+9.1% from 2023

Average account balance

$199,407

-22.2% from 2023

Annual return

7.42%

-4.67 pp from 2023

Benchmarks

See 143,415 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,415 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.99M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+7.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109025

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 codes2E2F2G2T3D

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.
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.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$109025 / participant

Other / not subdivided$1M100.0%

% of EOY assets

54.675%

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

$199,407

$160,070+24.6%

$147,117+35.5%

$145,897+36.7%

Participation rate

80.0%

84.0%-4.0pp

82.2%-2.2pp

80.3%-0.3pp

Annual return

7.42%

98.69%-91.3pp

420.54%-413.1pp

552.29%-544.9pp

Employer contribution / active EE

$4,000

$5,285-24.3%

$4,932-18.9%

$4,663-14.2%

Participant deferral / active EE

$8,419-100.0%

$8,065-100.0%

$6,689-100.0%

Admin fee / account holder

$109,025

$15,035+625.1%

$12,993+739.1%

$13,390+714.2%

FULBRIGHT WINNIFORD, A PROFESSIONAL CORP EMPLOYEES PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FULBRIGHT WINNIFORD, A PROFESSIONAL CORP EMPLOYEES 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