Retirement plan

NETHERLAND, SEWELL & ASSOCIATES, INC. 401K PLAN

Name: NETHERLAND, SEWELL & ASSOCIATES, INC. - NETHERLAND, SEWELL & ASSOCIATES, INC. 401K PLAN (2020) Form 5500
Creator: NETHERLAND, SEWELL & ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NETHERLAND, SEWELL & ASSOCIATES, INC. 401K PLAN, NETHERLAND, SEWELL & ASSOCIATES, INC.

NETHERLAND, SEWELL & ASSOCIATES, INC.EIN 75-1330935Plan #002PY 2020

2100 ROSS AVENUE SUITE 2200 - DALLAS, TX 75201214-969-5401netherlandsewell.comLinkedIn51-200 employeesoil & energy

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$87.4M

+17.9% from 2019

Total participants

199

+3.1% from 2019

Average account balance

$441,233

+14.9% from 2019

Annual return

18.59%

-4.09 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$99.96M

Not enough data

1 years with asset history on file

Average account balance

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

$540K

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.

185

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

$4.35M

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

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1278

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 5 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY6+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$196,624
WELLS FARGO BANK, N.A.6+ years Filed as: WELLS FARGO ADVISORS Service code 99 · EIN 34-1542819	Other Fees	$145,305
LOCKE LORD LLP5 years Service code 99 · EIN 22-2000222	Other Fees	$16,173
JUDD THOMAS SMITH & COMPANY P.C.1 year Filed as: JUDD, THOMAS, SMITH AND COMPANY, Service code 99 · EIN 11-1000111	Other Fees	$10,180
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$8,176

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$231K

$1628 / participant

Other / not subdivided$231K100.0%

% of EOY assets

0.265%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAYNIE & COMPANY
Auditor EIN: 870325228
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$441,233

$99,957+341.4%

$149,745+194.7%

$73,497+500.3%

Participation rate

99.3%

75.7%+23.6pp

82.5%+16.8pp

70.7%+28.6pp

Annual return

18.59%

53.87%-35.3pp

276.72%-258.1pp

28.51%-9.9pp

Employer contribution / active EE

$18,862

$3,191+491.1%

$4,646+306.0%

$2,270+730.9%

Participant deferral / active EE

$14,510

$6,073+138.9%

$6,843+112.0%

$3,740+288.0%

Admin fee / account holder

$1,167

$551+112.0%

$9,312-87.5%

$513+127.5%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY6+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$196,624

WELLS FARGO BANK, N.A.6+ years

Filed as: WELLS FARGO ADVISORS

Service code 99 · EIN 34-1542819

Other Fees

$145,305

LOCKE LORD LLP5 years

Service code 99 · EIN 22-2000222

Other Fees

$16,173

JUDD THOMAS SMITH & COMPANY P.C.1 year

Filed as: JUDD, THOMAS, SMITH AND COMPANY,

Service code 99 · EIN 11-1000111

Other Fees

$10,180

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$8,176

NETHERLAND, SEWELL & ASSOCIATES, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NETHERLAND, SEWELL & ASSOCIATES, INC. 401K 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