Retirement plan

THE FLIPPEN GROUP RETIREMENT PLAN

Name: THE FLIPPEN GROUP, LLC - THE FLIPPEN GROUP RETIREMENT PLAN (2016) Form 5500
Creator: THE FLIPPEN GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE FLIPPEN GROUP RETIREMENT PLAN, THE FLIPPEN GROUP, LLC

THE FLIPPEN GROUP, LLCEIN 74-2900345Plan #001PY 2016

1199 HAYWOOD DR. - COLLEGE STATION, TX 77845979-703-6780flippengroup.comLinkedIn201-500 employeesmanagement consulting

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+48.1% from 2015

Total participants

159

+18.7% from 2015

Average account balance

$21,743

+29.3% from 2015

Annual return

7.37%

-0.65 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.64M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

214

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.

91.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$565

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 18 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Account maintenance fees; Participant...	$23,083
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN BENEFIT SYSTEMS Service code 13 6190 LBJ FREEWAY · DALLAS, TX 75240	Contract Administrator	$3,654

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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: SEIDEL SCHROEDER
Auditor EIN: 742052353
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,743

$75,183-71.1%

$123,894-82.5%

$55,167-60.6%

Participation rate

75.6%

72.8%+2.7pp

81.4%-5.9pp

69.0%+6.6pp

Annual return

7.37%

19.01%-11.6pp

47.52%-40.1pp

169.23%-161.9pp

Employer contribution / active EE

$1,274

$2,823-54.9%

$4,617-72.4%

$1,963-35.1%

Participant deferral / active EE

$4,534

$5,084-10.8%

$5,984-24.2%

$3,054+48.4%

Admin fee / account holder

$663-100.0%

$8,357-100.0%

$504-100.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 18 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Account maintenance fees; Participant...

$23,083

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN BENEFIT SYSTEMS

Service code 13

6190 LBJ FREEWAY · DALLAS, TX 75240

Contract Administrator

$3,654

THE FLIPPEN GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE FLIPPEN GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion