Retirement plan

SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP 401K PLAN

Name: SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP - SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP 401K PLAN (2016) Form 5500
Creator: SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP 401K PLAN, SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP

SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLPEIN 75-2967456Plan #001PY 2016

9201 N CENTRAL EXPRESSWAY, FOURTH FLOOR - DALLAS, TX 75231214-780-1400

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+13.5% from 2015

Total participants

0.0% from 2015

Average account balance

$58,642

+9.9% from 2015

Annual return

7.95%

+8.33 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.76M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

144

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2E2F2G2J3D

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.
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

$226K

$2968 / participant

Other / not subdivided$226K100.0%

% of EOY assets

4.092%

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

$58,642

$76,551-23.4%

$123,894-52.7%

$62,881-6.7%

Participation rate

96.1%

73.0%+23.1pp

81.4%+14.6pp

69.3%+26.7pp

Annual return

7.95%

18.68%-10.7pp

47.52%-39.6pp

20.14%-12.2pp

Employer contribution / active EE

$1,588

$2,882-44.9%

$4,617-65.6%

$2,281-30.4%

Participant deferral / active EE

$4,930

$4,840+1.9%

$5,984-17.6%

$3,203+53.9%

Admin fee / account holder

$2,399

$4,826-50.3%

$8,357-71.3%

$4,296-44.1%

SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHACKELFORD, BOWEN, MCKINLEY & NORTON, LLP 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