Retirement plan

MOTLEY RICE, LLC EMPLOYEE RETIREMENT SAVINGS PLAN

Name: MOTLEY RICE, LLC - MOTLEY RICE, LLC EMPLOYEE RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: MOTLEY RICE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOTLEY RICE, LLC EMPLOYEE RETIREMENT SAVINGS PLAN, MOTLEY RICE, LLC

MOTLEY RICE, LLCEIN 75-3051732Plan #003PY 2015

28 BRIDGESIDE BLVD. - MT. PLEASANT, SC 29465843-216-9000motleyrice.comLinkedIn201-500 employeeslaw practice

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$44M

No prior year

Total participants

311

No prior year

Average account balance

$149,728

No prior year

Annual return

-1.22%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$118.82M

Not enough data

1 years with asset history on file

Average account balance

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

$358K

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.

332

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.

75.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 2 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES INC. Service code 26 · EIN 13-2628166 1000 HARBOR BLVD., 5TH FLOOR · WEEHAWKEN, NJ 07086	Advisory (Participants)	$80,059
CDM RETIREMENT CONSULTANTS, INC.1+ years Service code 37 · EIN 52-2136664 300 E. JOPPA RD., STE. 601 · TOWSON, MD 21286	Loan Processing	$49,045

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$134K

$607 / participant

Investment mgmt$80K59.7%
Other / not subdivided$54K40.3%

% of EOY assets

0.305%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DIXON HUGHES GOODMAN, LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$149,728

$70,002+113.9%

$115,038+30.2%

$52,331+186.1%

Participation rate

92.3%

72.1%+20.2pp

81.4%+10.9pp

68.1%+24.2pp

Annual return

-1.22%

4.04%-5.3pp

26.14%-27.4pp

4.54%-5.8pp

Employer contribution / active EE

$4,993

$2,715+83.9%

$4,608+8.4%

$1,882+165.3%

Participant deferral / active EE

$7,503

$4,920+52.5%

$6,026+24.5%

$3,022+148.3%

Admin fee / account holder

$456

$566-19.4%

$8,175-94.4%

$592-22.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 26 · EIN 13-2628166

1000 HARBOR BLVD., 5TH FLOOR · WEEHAWKEN, NJ 07086

Advisory (Participants)

$80,059

CDM RETIREMENT CONSULTANTS, INC.1+ years

Service code 37 · EIN 52-2136664

300 E. JOPPA RD., STE. 601 · TOWSON, MD 21286

Loan Processing

$49,045

MOTLEY RICE, LLC EMPLOYEE RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOTLEY RICE, LLC EMPLOYEE RETIREMENT SAVINGS 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