Retirement plan

LEWIS & ELLIS, INC. PROFIT SHARING PLAN

Name: LEWIS & ELLIS, INC. - LEWIS & ELLIS, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: LEWIS & ELLIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEWIS & ELLIS, INC. PROFIT SHARING PLAN, LEWIS & ELLIS, INC.

LEWIS & ELLIS, INC.EIN 75-1281520Plan #001PY 2020

700 CENTRAL EXPY S STE 550 - ALLEN, TX 750138125972-850-0850

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$62.2M

+19.9% from 2019

Total participants

124

+3.3% from 2019

Average account balance

$514,422

+14.9% from 2019

Annual return

15.31%

-7.90 pp from 2019

Benchmarks

See 7,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,209 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$73.59M

Not enough data

1 years with asset history on file

Average account balance

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

$518K

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.

142

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+14.52%

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

1 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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARR, RIGGS, AND INGRAM, LLC
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$514,422

$123,793+315.5%

$177,827+189.3%

$79,858+544.2%

Participation rate

96.8%

84.7%+12.1pp

87.7%+9.1pp

69.6%+27.1pp

Annual return

15.31%

22.82%-7.5pp

48.32%-33.0pp

31.72%-16.4pp

Employer contribution / active EE

$20,999

$4,095+412.8%

$5,918+254.8%

$2,471+749.9%

Participant deferral / active EE

$10,046

$5,956+68.7%

$7,713+30.2%

$3,740+168.6%

Admin fee / account holder

$7,243-100.0%

$12,429-100.0%

$5,306-100.0%

LEWIS & ELLIS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LEWIS & ELLIS, INC. PROFIT SHARING 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