Retirement plan

THE MILLER HULL PARTNERSHIP LLP 401(K) RETIREMENT PLAN

Name: THE MILLER HULL PARTNERSHIP, LLP - THE MILLER HULL PARTNERSHIP LLP 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: THE MILLER HULL PARTNERSHIP, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MILLER HULL PARTNERSHIP LLP 401(K) RETIREMENT PLAN, THE MILLER HULL PARTNERSHIP, LLP

THE MILLER HULL PARTNERSHIP, LLPEIN 91-1110925Plan #001PY 2024

71 COLUMBIA ST, 6TH FLOOR - SEATTLE, WA 98104206-254-2026millerhull.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$39.5M

+13.9% from 2023

Total participants

155

-6.6% from 2023

Average account balance

$255,042

+22.0% from 2023

Annual return

15.25%

-8.15 pp from 2023

Benchmarks

See 28,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,844 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.53M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

155

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

$1.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+15.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$253

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 4 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP7 years Filed as: USI ADVISORS, INC. Service code 26 · EIN 06-1397347	Advisory (Participants)	$30,000
CHARLES SCHWAB & CO., INC.7 years Filed as: CHARLES SCHWAB BANK/TRUST COMPANY Service code 18 · EIN 82-3967259	Custodial (securities); Investment ma...	$15,578
USI CONSULTING GROUP7 years Service code 15 · EIN 06-1053228	Recordkeeping	$9,142
CHARLES SCHWAB & CO., INC.7 years Service code 18 · EIN 94-1737782	Custodial (other than securities); Cu...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B

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.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$39K

$425 / participant

Recordkeeping$9K23.4%
Investment mgmt$30K76.6%

% of EOY assets

0.099%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SWEENEY CONRAD, PS
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$255,042

$102,422+149.0%

$147,117+73.4%

$80,959+215.0%

Participation rate

100.0%

75.9%+24.1pp

82.2%+17.8pp

67.7%+32.3pp

Annual return

15.25%

135.16%-119.9pp

420.54%-405.3pp

35.67%-20.4pp

Employer contribution / active EE

$5,974

$3,717+60.7%

$4,932+21.1%

$2,757+116.7%

Participant deferral / active EE

$12,932

$6,652+94.4%

$8,065+60.4%

$4,300+200.7%

Admin fee / account holder

$253

$7,953-96.8%

$12,993-98.1%

$6,925-96.4%

Provider

Service type

Compensation

USI CONSULTING GROUP7 years

Filed as: USI ADVISORS, INC.

Service code 26 · EIN 06-1397347

Advisory (Participants)

$30,000

CHARLES SCHWAB & CO., INC.7 years

Filed as: CHARLES SCHWAB BANK/TRUST COMPANY

Service code 18 · EIN 82-3967259

Custodial (securities); Investment ma...

$15,578

USI CONSULTING GROUP7 years

Service code 15 · EIN 06-1053228

Recordkeeping

$9,142

CHARLES SCHWAB & CO., INC.7 years

Service code 18 · EIN 94-1737782

Custodial (other than securities); Cu...

THE MILLER HULL PARTNERSHIP LLP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MILLER HULL PARTNERSHIP LLP 401(K) 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