Retirement plan

WILLSON, JONES, CARTER & BAXLEY, P.A. 401(K) PLAN

Name: WILLSON, JONES, CARTER & BAXLEY, P.A. - WILLSON, JONES, CARTER & BAXLEY, P.A. 401(K) PLAN (2022) Form 5500
Creator: WILLSON, JONES, CARTER & BAXLEY, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLSON, JONES, CARTER & BAXLEY, P.A. 401(K) PLAN, WILLSON, JONES, CARTER & BAXLEY, P.A.

WILLSON, JONES, CARTER & BAXLEY, P.A.EIN 75-3048189Plan #001PY 2022

325 ROCKY SLOPE ROAD, SUITE 201 - GREENVILLE, SC 29607864-527-3279wjcblaw.comLinkedIn51-200 employeeslegal services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.7M

-12.3% from 2021

Total participants

232

+2.2% from 2021

Average account balance

$85,694

-3.4% from 2021

Annual return

-16.15%

-29.98 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.40M

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.

224

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

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

+12.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$275

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 4 by compensation

Provider	Service type	Compensation
MATCH GRADE ADVISORS, LLC4 years Filed as: MATCH GRADE ADVISORS LLC Service code 27 400 PETTIGRU STREET · GREENVILLE, SC 29601	Advisory (Plan)	$44,877
THE VANGUARD GROUP, INC.1 year Filed as: THE VANGUARD GROUP,INC. Service code 15 · EIN 23-1945930	Recordkeeping	$7,809
THE RETIREMENT ADVANTAGE INC1 year Filed as: THE RETIREMENT ADVANTAGE Service code 15 · EIN 39-1816008	Recordkeeping	$5,025
ASCENSUS LLC1 year Service code 13 · EIN 11-3665754	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2J2F2G3D2S

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$49K

$288 / participant

Contract admin$49K100.0%

% of EOY assets

0.277%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TEMPLETON & COMPANY, LLP
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$85,694

$84,493+1.4%

$125,381-31.7%

$66,938+28.0%

Participation rate

84.7%

76.4%+8.3pp

82.4%+2.3pp

69.8%+14.9pp

Annual return

-16.15%

-8.49%-7.7pp

572.31%-588.5pp

1.58%-17.7pp

Employer contribution / active EE

$2,684

$3,554-24.5%

$4,815-44.3%

$2,545+5.4%

Participant deferral / active EE

$6,208

$6,783-8.5%

$7,448-16.6%

$4,238+46.5%

Admin fee / account holder

$237

$685-65.3%

$10,007-97.6%

$594-60.0%

Provider

Service type

Compensation

MATCH GRADE ADVISORS, LLC4 years

Filed as: MATCH GRADE ADVISORS LLC

Service code 27

400 PETTIGRU STREET · GREENVILLE, SC 29601

Advisory (Plan)

$44,877

THE VANGUARD GROUP, INC.1 year

Filed as: THE VANGUARD GROUP,INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$7,809

THE RETIREMENT ADVANTAGE INC1 year

Filed as: THE RETIREMENT ADVANTAGE

Service code 15 · EIN 39-1816008

Recordkeeping

$5,025

ASCENSUS LLC1 year

Service code 13 · EIN 11-3665754

Contract Administrator

WILLSON, JONES, CARTER & BAXLEY, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLSON, JONES, CARTER & BAXLEY, P.A. 401(K) 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