Retirement plan

401K PROFIT SHARING PLAN OF MCCULLOUGH AND MCCULLOUGH, ATTORNEYS AT LAW

Name: ARTHUR EUGENE MCCULLOUGH - MCCULLOUGH AND MCCULLOUGH - 401K PROFIT SHARING PLAN OF MCCULLOUGH AND MCCULLOUGH, ATTORNEYS AT LAW (2024) Form 5500
Creator: ARTHUR EUGENE MCCULLOUGH - MCCULLOUGH AND MCCULLOUGH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401K PROFIT SHARING PLAN OF MCCULLOUGH AND MCCULLOUGH, ATTORNEYS AT LAW, ARTHUR EUGENE MCCULLOUGH - MCCULLOUGH AND MCCULLOUGH

ARTHUR EUGENE MCCULLOUGH - MCCULLOUGH AND MCCULLOUGHEIN 76-0523619Plan #001PY 2024

323 E. JACKSON ST - HARLINGEN, TX 785506849956-423-1234

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$7.5M

+18.9% from 2023

Total participants

0.0% from 2023

Average account balance

$575,733

+18.9% from 2023

Annual return

19.24%

+0.83 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.48M

Not enough data

1 years with asset history on file

Average account balance

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

$576K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

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

+19.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16790

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

Top 3 by compensation

Provider	Service type	Compensation
S.R. COMAPBELL PROPERTIES, LLC4+ years Service code 32 · EIN 47-5668949 1210 E. TYLER · HARLINGEN, TX 78550	Real estate brokerage; Other commissi...	$26,462
FROST BANK4+ years Service code 19 · EIN 74-6036463 P.O.DRAWER 749 · CORPUS CHRISTI, TX 78403	Securities Custodian	$11,574
CARR, RIGGS & INGRAM, LLC4+ years Service code 10 · EIN 72-1396621 402 EAST TYLER · HARLINGEN, TX 78550	Accounting	$6,295

Plan features & details

Pension benefit codes2E2J2K3D

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.
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

$218K

$31182 / participant

Other / not subdivided$218K100.0%

% of EOY assets

2.916%

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

$575,733

$160,028+259.8%

$147,080+291.4%

$145,884+294.7%

Participation rate

100.0%

84.0%+16.0pp

82.2%+17.8pp

80.3%+19.7pp

Annual return

19.24%

98.60%-79.4pp

420.17%-400.9pp

551.85%-532.6pp

Employer contribution / active EE

$12,001

$5,286+127.0%

$4,933+143.3%

$4,662+157.4%

Participant deferral / active EE

$7,429

$8,422-11.8%

$8,066-7.9%

$6,690+11.0%

Admin fee / account holder

$16,790

$15,030+11.7%

$12,989+29.3%

$13,392+25.4%

Provider

Service type

Compensation

S.R. COMAPBELL PROPERTIES, LLC4+ years

Service code 32 · EIN 47-5668949

1210 E. TYLER · HARLINGEN, TX 78550

Real estate brokerage; Other commissi...

$26,462

FROST BANK4+ years

Service code 19 · EIN 74-6036463

P.O.DRAWER 749 · CORPUS CHRISTI, TX 78403

Securities Custodian

$11,574

CARR, RIGGS & INGRAM, LLC4+ years

Service code 10 · EIN 72-1396621

402 EAST TYLER · HARLINGEN, TX 78550

Accounting

$6,295

401K PROFIT SHARING PLAN OF MCCULLOUGH AND MCCULLOUGH, ATTORNEYS AT LAW

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401K PROFIT SHARING PLAN OF MCCULLOUGH AND MCCULLOUGH, ATTORNEYS AT LAW

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