Retirement plan

SHIELDS LEGAL GROUP, PC PROFIT SHARING PLAN

Name: SHIELDS LEGAL GROUP, PC - SHIELDS LEGAL GROUP, PC PROFIT SHARING PLAN (2018) Form 5500
Creator: SHIELDS LEGAL GROUP, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHIELDS LEGAL GROUP, PC PROFIT SHARING PLAN, SHIELDS LEGAL GROUP, PC

SHIELDS LEGAL GROUP, PCEIN 75-2630281Plan #003PY 2018

16301 QUORUM DRIVE SUITE 250B - ADDISON, TX 75001972-788-2040shieldslegal.comLinkedIn11-50 employeeslegal services

Other plans on this EIN

2 filings

#001Retirement-$3.2M assets #002Retirement-$1.5M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$517K

+11.3% from 2017

Total participants

+18.2% from 2017

Average account balance

$43,108

+2.0% from 2017

Annual return

-9.42%

-13.15 pp from 2017

Benchmarks

See 116,766 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,766 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.07M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

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.

104.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+20.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1380

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

0 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 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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$225 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.566%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,108

$138,070-68.8%

$123,549-65.1%

$135,377-68.2%

Participation rate

92.3%

84.7%+7.6pp

82.3%+10.0pp

82.6%+9.7pp

Annual return

-9.42%

153.69%-163.1pp

119.20%-128.6pp

519.75%-529.2pp

Employer contribution / active EE

$7,416

$5,152+44.0%

$4,628+60.2%

$4,779+55.2%

Participant deferral / active EE

$6,799-100.0%

$6,426-100.0%

$5,609-100.0%

Admin fee / account holder

$244

$10,916-97.8%

$9,284-97.4%

$10,828-97.7%

SHIELDS LEGAL GROUP, PC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHIELDS LEGAL GROUP, PC 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