Retirement plan

SANCHEZ WEALTH MANAGEMENT, LLC 401 K PROFIT SHARING PLAN TRUST

Name: SANCHEZ WEALTH MANAGEMENT, LLC - SANCHEZ WEALTH MANAGEMENT, LLC 401 K PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: SANCHEZ WEALTH MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SANCHEZ WEALTH MANAGEMENT, LLC 401 K PROFIT SHARING PLAN TRUST, SANCHEZ WEALTH MANAGEMENT, LLC

SANCHEZ WEALTH MANAGEMENT, LLCEIN 80-0553234Plan #001PY 2016

730 SANDHILL RD SUITE 110 - RENO, NV 89521775-800-1801LinkedIn1-10 employeesfinancial services

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$89K

+791.4% from 2015

Total participants

+25.0% from 2015

Average account balance

$22,206

+345.7% from 2015

Annual return

22.51%

+27.23 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$406K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$118K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+9.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1606

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 codes2E2F2G2J2T3D

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.
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$106

$27 / participant

Other / not subdivided$106100.0%

% of EOY assets

0.119%

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

$22,206

$153,769-85.6%

$133,975-83.4%

$273,972-91.9%

Participation rate

75.0%

88.4%-13.4pp

87.1%-12.1pp

83.0%-8.0pp

Annual return

22.51%

36.51%-14.0pp

29.29%-6.8pp

41.46%-18.9pp

Employer contribution / active EE

$12,131

$6,029+101.2%

$5,211+132.8%

$4,869+149.2%

Participant deferral / active EE

$7,024

$6,958+0.9%

$6,282+11.8%

$5,287+32.8%

Admin fee / account holder

$27

$11,765-99.8%

$9,324-99.7%

$10,133-99.7%

SANCHEZ WEALTH MANAGEMENT, LLC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SANCHEZ WEALTH MANAGEMENT, LLC 401 K PROFIT SHARING PLAN TRUST

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