Retirement plan

TISHER, FREE & LYNN, PLLC 401-K PROFIT SHARING PLAN

Name: TISHER, FREE & LYNN, PLLC - TISHER, FREE & LYNN, PLLC 401-K PROFIT SHARING PLAN (2020) Form 5500
Creator: TISHER, FREE & LYNN, PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TISHER, FREE & LYNN, PLLC 401-K PROFIT SHARING PLAN, TISHER, FREE & LYNN, PLLC

TISHER, FREE & LYNN, PLLCEIN 81-4691639Plan #001PY 2020

809 SOUTH MAIN STREET, SUITE 200 - COLUMBIA, TN 38401931-388-8868

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$440K

+35.8% from 2019

Total participants

0.0% from 2019

Average account balance

$73,330

+35.8% from 2019

Annual return

20.17%

-1.32 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$880K

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+3.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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 codes2J2E3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$9K

$1800 / participant

Other / not subdivided$9K100.0%

% of EOY assets

2.046%

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

$73,330

$165,361-55.7%

$149,715-51.0%

$158,950-53.9%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

20.17%

348.24%-328.1pp

276.66%-256.5pp

302.91%-282.7pp

Employer contribution / active EE

$3,313

$5,103-35.1%

$4,645-28.7%

$4,762-30.4%

Participant deferral / active EE

$8,596

$7,182+19.7%

$6,842+25.6%

$5,983+43.7%

Admin fee / account holder

$1,500

$10,808-86.1%

$9,310-83.9%

$11,248-86.7%

TISHER, FREE & LYNN, PLLC 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TISHER, FREE & LYNN, PLLC 401-K PROFIT SHARING 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