Retirement plan

HART WAGNER LLP 401(K) PROFIT SHARING PLAN & TRUST

Name: HART WAGNER LLP - HART WAGNER LLP 401(K) PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: HART WAGNER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HART WAGNER LLP 401(K) PROFIT SHARING PLAN & TRUST, HART WAGNER LLP

HART WAGNER LLPEIN 93-1091353Plan #001PY 2016

1000 SOUTHWEST BROADWAY, 20TH FLOOR - PORTLAND, OR 97205503-222-4499hartwagner.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$19.3M

-2.5% from 2015

Total participants

130

-1.5% from 2015

Average account balance

$151,713

+1.3% from 2015

Annual return

5.31%

+6.75 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$28.60M

Not enough data

1 years with asset history on file

Average account balance

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

$409K

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.

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.

129.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+24.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1918

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

0 years with F_SCH_H allocation on file

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP2+ years Service code 12 · EIN 93-1253576	Custodial (other than securities); Cl...	$24,476
GOLDMAN SACHS2+ years Filed as: VISTA CAPITAL PARTNERS, INC. Service code 26 · EIN 93-1307808	Advisory (Participants)	$14,222
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS Service code 26 · EIN 23-2384840	Advisory (Participants)	$12,643
NORTHWESTERN MUTUAL INVESTMENT SERV2+ years Filed as: NORTHWESTERN MUTUAL Service code 26 · EIN 39-2018056	Advisory (Participants)	$10,946
PENSION PLAN SPECIALISTS, PC1 year Service code 10 · EIN 26-1570786	Accounting	$5,363

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$47K

$549 / participant

Investment mgmt$46K96.9%
Contract admin$1K3.1%

% of EOY assets

0.245%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GM BRANDT P.C. CPA
Auditor EIN: 208146927
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,713

$76,552+98.2%

$123,892+22.5%

$62,891+141.2%

Participation rate

96.5%

73.0%+23.5pp

81.4%+15.1pp

69.3%+27.2pp

Annual return

5.31%

18.68%-13.4pp

47.52%-42.2pp

20.14%-14.8pp

Employer contribution / active EE

$9,150

$2,883+217.4%

$4,617+98.2%

$2,281+301.2%

Participant deferral / active EE

$5,869

$4,840+21.3%

$5,984-1.9%

$3,203+83.2%

Admin fee / account holder

$371

$4,826-92.3%

$8,357-95.6%

$4,296-91.4%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP2+ years

Service code 12 · EIN 93-1253576

Custodial (other than securities); Cl...

$24,476

GOLDMAN SACHS2+ years

Filed as: VISTA CAPITAL PARTNERS, INC.

Service code 26 · EIN 93-1307808

Advisory (Participants)

$14,222

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO ADVISORS

Service code 26 · EIN 23-2384840

Advisory (Participants)

$12,643

NORTHWESTERN MUTUAL INVESTMENT SERV2+ years

Filed as: NORTHWESTERN MUTUAL

Service code 26 · EIN 39-2018056

Advisory (Participants)

$10,946

PENSION PLAN SPECIALISTS, PC1 year

Service code 10 · EIN 26-1570786

Accounting

$5,363

HART WAGNER LLP 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HART WAGNER LLP 401(K) PROFIT SHARING PLAN & TRUST

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