Retirement plan

BEASLEY, MITCHELL & CO. LLP PROFIT SHARING/401(K)

Name: BEASLEY, MITCHELL & CO. LLP - BEASLEY, MITCHELL & CO. LLP PROFIT SHARING/401(K) (2017) Form 5500
Creator: BEASLEY, MITCHELL & CO. LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEASLEY, MITCHELL & CO. LLP PROFIT SHARING/401(K), BEASLEY, MITCHELL & CO. LLP

BEASLEY, MITCHELL & CO. LLPEIN 85-0366848Plan #001PY 2017

P.O. DRAWER 550 - LAS CRUCES, NM 88004575-528-6700bmc-cpa.comLinkedIn11-50 employeesaccounting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6M

+22.6% from 2016

Total participants

+20.5% from 2016

Average account balance

$149,876

+4.2% from 2016

Annual return

17.03%

+10.37 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.96M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

117.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$812K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2350

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 codes2J2R3D

Plan features

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.
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

$120K

$3069 / participant

Other / not subdivided$120K100.0%

% of EOY assets

1.997%

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

$149,876

$85,766+74.8%

$136,297+10.0%

$70,124+113.7%

Participation rate

82.1%

74.2%+7.9pp

81.9%+0.1pp

69.5%+12.5pp

Annual return

17.03%

31.45%-14.4pp

5156.19%-5139.2pp

73.14%-56.1pp

Employer contribution / active EE

$4,236

$2,966+42.8%

$4,696-9.8%

$2,342+80.8%

Participant deferral / active EE

$5,779

$5,051+14.4%

$6,247-7.5%

$3,332+73.5%

Admin fee / account holder

$2,993

$5,420-44.8%

$9,244-67.6%

$4,645-35.6%

BEASLEY, MITCHELL & CO. LLP PROFIT SHARING/401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEASLEY, MITCHELL & CO. LLP PROFIT SHARING/401(K)

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