Retirement plan

THORNTON & SUMMERS PROFIT SHARING PLAN

Name: THORNTON, BIECHLIN, REYNOLDS & GUERRA, L.C. - THORNTON & SUMMERS PROFIT SHARING PLAN (2018) Form 5500
Creator: THORNTON, BIECHLIN, REYNOLDS & GUERRA, L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THORNTON & SUMMERS PROFIT SHARING PLAN, THORNTON, BIECHLIN, REYNOLDS & GUERRA, L.C.

THORNTON, BIECHLIN, REYNOLDS & GUERRA, L.C.EIN 74-2654059Plan #002PY 2018

100 N.E. LOOP 410, SUITE 500 - SAN ANTONIO, TX 78216210-342-5555thorntonfirm.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.1M

-1.8% from 2017

Total participants

119

+2.6% from 2017

Average account balance

$68,242

-4.3% from 2017

Annual return

-4.13%

-17.63 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

$9.27M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

130

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$334K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$506

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
AVALON ADVISORS, LLC3 years Service code 27 755 E. MULBERRY, SUITE 105 · SAN ANTONIO, TX 78212	Advisory (Plan)	$42,438
COLLIER, JOHNSON & WOODS, P.C.2 years Filed as: COLLIER, JOHNSON AND WOODS, P.C. Service code 10 · EIN 74-2520265	Accounting	$9,656
CARLEY GUILBERT4+ years Filed as: CARLEY & MCCAW, INC. Service code 13 · EIN 75-1721253	Contract Administrator	$8,414

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$61K

$840 / participant

Investment mgmt$42K70.1%
Contract admin$8K13.9%
Other / not subdivided$10K16.0%

% of EOY assets

0.745%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COLLIER, JOHNSON & WOODS, P.C.
Auditor EIN: 742520265
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,242

$77,817-12.3%

$123,553-44.8%

$64,173+6.3%

Participation rate

100.0%

74.7%+25.3pp

82.3%+17.7pp

69.6%+30.4pp

Annual return

-4.13%

12.49%-16.6pp

119.21%-123.3pp

7.63%-11.8pp

Employer contribution / active EE

$1,072

$3,014-64.4%

$4,628-76.8%

$2,381-55.0%

Participant deferral / active EE

$3,769

$5,240-28.1%

$6,426-41.4%

$3,470+8.6%

Admin fee / account holder

$508

$5,519-90.8%

$9,284-94.5%

$4,887-89.6%

Provider

Service type

Compensation

AVALON ADVISORS, LLC3 years

Service code 27

755 E. MULBERRY, SUITE 105 · SAN ANTONIO, TX 78212

Advisory (Plan)

$42,438

COLLIER, JOHNSON & WOODS, P.C.2 years

Filed as: COLLIER, JOHNSON AND WOODS, P.C.

Service code 10 · EIN 74-2520265

Accounting

$9,656

CARLEY GUILBERT4+ years

Filed as: CARLEY & MCCAW, INC.

Service code 13 · EIN 75-1721253

Contract Administrator

$8,414

THORNTON & SUMMERS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THORNTON & SUMMERS 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