Retirement plan

MILLER NASH LLP 401(K) PLAN

Name: MILLER NASH LLP - MILLER NASH LLP 401(K) PLAN (2023) Form 5500
Creator: MILLER NASH LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER NASH LLP 401(K) PLAN, MILLER NASH LLP

MILLER NASH LLPEIN 93-0410518Plan #002PY 2023

1140 SW WASHINGTON STREET, SUITE 700 - PORTLAND, OR 97205503-224-5858millernash.comLinkedIn201-500 employeeslaw practice

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$141.5M

+14.7% from 2022

Total participants

479

-0.6% from 2022

Average account balance

$297,241

+14.5% from 2022

Annual return

20.06%

+36.09 pp from 2022

Benchmarks

See 3,234 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,234 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$162.09M

Not enough data

1 years with asset history on file

Average account balance

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

$341K

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.

475

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

$6.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+16.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16

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 2 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.9+ years Filed as: CHARLES SCHWAB Service code 19 · EIN 42-1558009	Securities Custodian	$27,567
STANCORP FINANCIAL GROUP9+ years Service code 12 · EIN 93-1253576	Custodial (other than securities); Re...	$6,694

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3B

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.
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.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$7K

$26 / participant

Contract admin$7K100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GEFFEN MESHER & CO., P.C.
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$297,241

$95,369+211.7%

$135,942+118.7%

$74,440+299.3%

Participation rate

98.9%

78.2%+20.7pp

81.9%+17.0pp

70.7%+28.1pp

Annual return

20.06%

32.72%-12.7pp

68.28%-48.2pp

34.37%-14.3pp

Employer contribution / active EE

$10,079

$3,878+159.9%

$4,858+107.5%

$2,638+282.1%

Participant deferral / active EE

$13,048

$7,788+67.5%

$7,759+68.2%

$4,529+188.1%

Admin fee / account holder

$15

$266-94.5%

$10,764-99.9%

$348-95.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.9+ years

Filed as: CHARLES SCHWAB

Service code 19 · EIN 42-1558009

Securities Custodian

$27,567

STANCORP FINANCIAL GROUP9+ years

Service code 12 · EIN 93-1253576

Custodial (other than securities); Re...

$6,694

MILLER NASH LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER NASH LLP 401(K) 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