Retirement plan

PROFIT SHARING PLAN & TRUST AGREEMENT OF MCELROY MEYER WALKER & CONDON P.C.

Name: MEYER WALKER CONDON & WALKER, P.C. - PROFIT SHARING PLAN & TRUST AGREEMENT OF MCELROY MEYER WALKER & CONDON P.C. (2018) Form 5500
Creator: MEYER WALKER CONDON & WALKER, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING PLAN & TRUST AGREEMENT OF MCELROY MEYER WALKER & CONDON P.C., MEYER WALKER CONDON & WALKER, P.C.

MEYER WALKER CONDON & WALKER, P.C.EIN 84-1074643Plan #001PY 2018

1007 PEARL STREET, SUITE 220 - BOULDER, CO 80302303-442-2021

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$5.2M

-6.5% from 2017

Total participants

+9.1% from 2017

Average account balance

$434,996

-14.3% from 2017

Annual return

-5.45%

-19.58 pp from 2017

Benchmarks

See 116,756 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,756 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.56M

Not enough data

1 years with asset history on file

Average account balance

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

$508K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

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

+8.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93205

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 codes2E2G3D

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.
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

$183K

$16596 / participant

Other / not subdivided$183K100.0%

% of EOY assets

3.497%

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

$434,996

$138,076+215.0%

$123,553+252.1%

$135,380+221.3%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-5.45%

153.70%-159.1pp

119.21%-124.7pp

519.81%-525.3pp

Employer contribution / active EE

$2,402

$5,152-53.4%

$4,628-48.1%

$4,779-49.7%

Participant deferral / active EE

$6,042

$6,800-11.1%

$6,426-6.0%

$5,609+7.7%

Admin fee / account holder

$15,213

$10,917+39.4%

$9,284+63.9%

$10,828+40.5%

PROFIT SHARING PLAN & TRUST AGREEMENT OF MCELROY MEYER WALKER & CONDON P.C.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING PLAN & TRUST AGREEMENT OF MCELROY MEYER WALKER & CONDON P.C.

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