Retirement plan

LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN

Name: LYELL WEALTH MANAGEMENT, LP - LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN (2020) Form 5500
Creator: LYELL WEALTH MANAGEMENT, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN, LYELL WEALTH MANAGEMENT, LP

LYELL WEALTH MANAGEMENT, LPEIN 81-1713122Plan #001PY 2020

3000 SAND HILL ROAD, BUILDING 1 - SUITE 135 - MENLO PARK, CA 94025650-353-3696lyellwealth.comLinkedIn1-10 employeesinvestment management

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$359K

+66.0% from 2019

Total participants

0.0% from 2019

Average account balance

$89,820

+66.0% from 2019

Annual return

40.39%

+5.82 pp from 2019

Benchmarks

See 32,151 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,151 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.86M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$212K

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

+20.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J2R3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$89,820

$197,625-54.6%

$177,840-49.5%

$158,966-43.5%

Participation rate

57.1%

88.5%-31.4pp

87.7%-30.6pp

82.0%-24.8pp

Annual return

40.39%

58.76%-18.4pp

48.32%-7.9pp

302.95%-262.6pp

Employer contribution / active EE

$6,698-100.0%

$5,919-100.0%

$4,762-100.0%

Participant deferral / active EE

$7,929

$8,405-5.7%

$7,714+2.8%

$5,983+32.5%

Admin fee / account holder

$15,405-100.0%

$12,431-100.0%

$11,250-100.0%

LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LYELL WEALTH MANAGEMENT 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion