Retirement plan

THORNTON & SUMMERS PROFIT SHARING PLAN

Name: THORNTON, BIECHLIN, REYNOLDS & GUERRA, L.C. - THORNTON & SUMMERS PROFIT SHARING PLAN (2021) 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 2021

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)

$12.1M

+15.1% from 2020

Total participants

126

+0.8% from 2020

Average account balance

$98,344

+17.0% from 2020

Annual return

16.13%

+4.70 pp from 2020

Benchmarks

See 27,000 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort27,000 peers

Snapshot2021

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
AVALON ADVISORS, LLC6 years Service code 27 755 E. MULBERRY, SUITE 105 · SAN ANTONIO, TX 78212	Advisory (Plan)	$55,902
C & M ADMINISTRATORS, INC.2 years Service code 13 · EIN 75-1721253	Contract Administrator	$10,683
COLLIER, JOHNSON & WOODS, P.C.5 years Filed as: COLLIER, JOHNSON AND WOODS, P.C. Service code 10 · EIN 74-2520265	Accounting	$8,487

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

$75K

$1057 / participant

Investment mgmt$56K74.5%
Contract admin$11K14.2%
Other / not subdivided$8K11.3%

% of EOY assets

0.621%

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

$98,344

$105,210-6.5%

$159,487-38.3%

$85,851+14.6%

Participation rate

95.8%

75.8%+20.0pp

82.8%+12.9pp

69.3%+26.5pp

Annual return

16.13%

45.08%-29.0pp

263.71%-247.6pp

318.63%-302.5pp

Employer contribution / active EE

$1,315

$3,319-60.4%

$4,831-72.8%

$2,565-48.7%

Participant deferral / active EE

$4,097

$5,946-31.1%

$7,354-44.3%

$3,952+3.6%

Admin fee / account holder

$610

$6,934-91.2%

$10,804-94.4%

$6,261-90.3%

Provider

Service type

Compensation

AVALON ADVISORS, LLC6 years

Service code 27

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

Advisory (Plan)

$55,902

C & M ADMINISTRATORS, INC.2 years

Service code 13 · EIN 75-1721253

Contract Administrator

$10,683

COLLIER, JOHNSON & WOODS, P.C.5 years

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

Service code 10 · EIN 74-2520265

Accounting

$8,487

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