Retirement plan

BILL POSS & ASSOCIATES 401(K) SAVINGS AND PROFIT SHARING PLAN

Name: BILL POSS & ASSOCIATES ARCHITECTURE AND PLANNING, PC - BILL POSS & ASSOCIATES 401(K) SAVINGS AND PROFIT SHARING PLAN (2020) Form 5500
Creator: BILL POSS & ASSOCIATES ARCHITECTURE AND PLANNING, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BILL POSS & ASSOCIATES 401(K) SAVINGS AND PROFIT SHARING PLAN, BILL POSS & ASSOCIATES ARCHITECTURE AND PLANNING, PC

BILL POSS & ASSOCIATES ARCHITECTURE AND PLANNING, PCEIN 84-1120008Plan #001PY 2020

605 EAST MAIN ST - ASPEN, CO 81611970-925-4755LinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.9M

+6.3% from 2019

Total participants

-4.4% from 2019

Average account balance

$197,699

+15.5% from 2019

Annual return

17.73%

-3.14 pp from 2019

Benchmarks

See 26,423 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,423 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.39M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

131.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$472K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5106

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

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

$1.1M

$33092 / participant

Other / not subdivided$1M100.0%

% of EOY assets

15.304%

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

$197,699

$98,760+100.2%

$149,715+32.0%

$79,858+147.6%

Participation rate

75.0%

75.8%-0.8pp

82.5%-7.5pp

69.6%+5.4pp

Annual return

17.73%

27.43%-9.7pp

276.66%-258.9pp

31.72%-14.0pp

Employer contribution / active EE

$3,217-100.0%

$4,645-100.0%

$2,471-100.0%

Participant deferral / active EE

$7,901

$5,681+39.1%

$6,842+15.5%

$3,740+111.3%

Admin fee / account holder

$30,256

$6,053+399.8%

$9,310+225.0%

$5,306+470.2%

BILL POSS & ASSOCIATES 401(K) SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BILL POSS & ASSOCIATES 401(K) SAVINGS AND 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