Retirement plan

JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN

Name: JAMES W. FOWLER CO. - JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: JAMES W. FOWLER CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN, JAMES W. FOWLER CO.

JAMES W. FOWLER CO.EIN 93-0677813Plan #003PY 2021

PO BOX 489 - DALLAS, OR 973380489503-623-5373

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.8M

+2.6% from 2020

Total participants

291

-14.2% from 2020

Average account balance

$53,339

+3.7% from 2020

Annual return

14.17%

+0.98 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.50M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

291

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.

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$395

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
GREAT-WEST LIFE & ANNUITY INSURANCE7+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$71,233
AMERIPRISE FINANCIAL SERVICES INC7+ years Service code 55 70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474	Other Commissions	$34,151
JAMES FOWLER7+ years Service code 99 PO BOX 489 · DALLAS, OR 97338	Other Fees	$16,500
INDEPENDENT RETIREMENT CONSULTING7+ years Service code 13 · EIN 90-0451904 6500 SW MACADAM AVE · PORTLAND, OR 97239	Contract Administrator	$14,650
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$6,900

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
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

$101K

$601 / participant

Investment mgmt$7K6.8%
Contract admin$88K87.0%
Other / not subdivided$6K6.1%

% of EOY assets

0.684%

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: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,339

$77,677-31.3%

$109,188-51.1%

$79,389-32.8%

Participation rate

91.7%

67.8%+23.9pp

75.9%+15.8pp

70.7%+21.0pp

Annual return

14.17%

23.44%-9.3pp

25.76%-11.6pp

116.89%-102.7pp

Employer contribution / active EE

$6,454

$2,798+130.7%

$3,723+73.4%

$2,428+165.8%

Participant deferral / active EE

$5,425

$3,517+54.2%

$4,654+16.6%

$4,046+34.1%

Admin fee / account holder

$365

$732-50.2%

$6,755-94.6%

$626-41.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE7+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$71,233

AMERIPRISE FINANCIAL SERVICES INC7+ years

Service code 55

70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474

Other Commissions

$34,151

JAMES FOWLER7+ years

Service code 99

PO BOX 489 · DALLAS, OR 97338

Other Fees

$16,500

INDEPENDENT RETIREMENT CONSULTING7+ years

Service code 13 · EIN 90-0451904

6500 SW MACADAM AVE · PORTLAND, OR 97239

Contract Administrator

$14,650

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$6,900

JAMES W. FOWLER CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMES W. FOWLER CO. 401(K) 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