Retirement plan

PARR BROWN PROFIT SHARING PLAN

Name: PARR BROWN GEE & LOVELESS, A PROFESSIONAL CORPORATION - PARR BROWN PROFIT SHARING PLAN (2016) Form 5500
Creator: PARR BROWN GEE & LOVELESS, A PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARR BROWN PROFIT SHARING PLAN, PARR BROWN GEE & LOVELESS, A PROFESSIONAL CORPORATION

PARR BROWN GEE & LOVELESS, A PROFESSIONAL CORPORATIONEIN 87-0307691Plan #001PY 2016

101 SOUTH 200 EAST, SUITE 700 - SALT LAKE CITY, UT 84111801-532-7840parrbrown.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$72.9M

No prior year

Total participants

175

No prior year

Average account balance

$461,648

No prior year

Annual return

-1.31%

No prior year

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$127.30M

Not enough data

1 years with asset history on file

Average account balance

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

$670K

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.

190

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.

91.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+4.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$581

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
INVESCO1+ years Filed as: INVESCO ADVISERS INC Service code 28 · EIN 58-1707262	Investment Management	$18,451
GLOBAL RETIREMENT PARTNERS LLC1+ years Service code 28 · EIN 47-1411118	Investment Management	$13,875
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO INC & AFFILIATE Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$39K

$304 / participant

Investment mgmt$37K94.3%
Other / not subdivided$2K5.7%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TANNER LLC
Auditor EIN: 202253063
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$461,648

$75,183+514.0%

$123,894+272.6%

$55,167+736.8%

Participation rate

86.8%

72.8%+14.0pp

81.4%+5.4pp

69.0%+17.8pp

Annual return

-1.31%

19.01%-20.3pp

47.52%-48.8pp

169.23%-170.5pp

Employer contribution / active EE

$16,752

$2,823+493.3%

$4,617+262.9%

$1,963+753.6%

Participant deferral / active EE

$7,470

$5,084+46.9%

$5,984+24.8%

$3,054+144.6%

Admin fee / account holder

$248

$663-62.6%

$8,357-97.0%

$504-50.8%

Provider

Service type

Compensation

INVESCO1+ years

Filed as: INVESCO ADVISERS INC

Service code 28 · EIN 58-1707262

Investment Management

$18,451

GLOBAL RETIREMENT PARTNERS LLC1+ years

Service code 28 · EIN 47-1411118

Investment Management

$13,875

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO INC & AFFILIATE

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

PARR BROWN PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARR BROWN 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