Retirement plan

WILLIAMS, KASTNER & GIBBS PLLC RETIREMENT PLAN

Name: WILLIAMS, KASTNER & GIBBS PLLC - WILLIAMS, KASTNER & GIBBS PLLC RETIREMENT PLAN (2017) Form 5500
Creator: WILLIAMS, KASTNER & GIBBS PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLIAMS, KASTNER & GIBBS PLLC RETIREMENT PLAN, WILLIAMS, KASTNER & GIBBS PLLC

WILLIAMS, KASTNER & GIBBS PLLCEIN 91-0208860Plan #001PY 2017

601 UNION STREET, SUITE 4100 - SEATTLE, WA 98101206-628-6600LinkedIn51-200 employeeslegal services

Other plans on this EIN

1 filing

#003Retirement-$6.9M assets

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$51M

+8.0% from 2016

Total participants

155

+2.0% from 2016

Average account balance

$335,833

+5.9% from 2016

Annual return

16.84%

+10.03 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.54M

Not enough data

1 years with asset history on file

Average account balance

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

$358K

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.

144

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

$1.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+11.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$481

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 6 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$38,474
PETERSON SULLIVAN LLP3+ years Service code 10 · EIN 91-0605875	Accounting	$16,331
DANIEL H. COOK ASSOCIATES, INC3+ years Filed as: DANIEL CLARK Service code 28 · EIN 75-2971473	Investment Management	$8,450
HARVEST CAPITAL ADVISORS2 years Service code 26 · EIN 91-2080986	Advisory (Participants)	$8,366
CHARLES SCHWAB & CO., INC.3+ years Service code 33 · EIN 94-1737782	Securities brokerage; Direct payment ...	$1,637
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3B3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$78K

$719 / participant

Investment mgmt$19K24.6%
Other / not subdivided$59K75.4%

% of EOY assets

0.152%

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: PETERSON SULLIVAN, LLP
Auditor EIN: 910605875
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$335,833

$80,753+315.9%

$136,298+146.4%

$62,293+439.1%

Participation rate

97.2%

73.5%+23.7pp

81.9%+15.3pp

69.5%+27.7pp

Annual return

16.84%

35.83%-19.0pp

5156.27%-5139.4pp

28.90%-12.1pp

Employer contribution / active EE

$9,455

$2,884+227.9%

$4,696+101.4%

$2,042+363.0%

Participant deferral / active EE

$6,401

$5,164+24.0%

$6,247+2.5%

$3,169+102.0%

Admin fee / account holder

$511

$525-2.8%

$9,244-94.5%

$479+6.6%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$38,474

PETERSON SULLIVAN LLP3+ years

Service code 10 · EIN 91-0605875

Accounting

$16,331

DANIEL H. COOK ASSOCIATES, INC3+ years

Filed as: DANIEL CLARK

Service code 28 · EIN 75-2971473

Investment Management

$8,450

HARVEST CAPITAL ADVISORS2 years

Service code 26 · EIN 91-2080986

Advisory (Participants)

$8,366

CHARLES SCHWAB & CO., INC.3+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Direct payment ...

$1,637

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

WILLIAMS, KASTNER & GIBBS PLLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLIAMS, KASTNER & GIBBS PLLC RETIREMENT 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