Retirement plan

FLEMING ASSOCIATES INSURANCE AGENCY, INC. PROFIT SHARING 401K PLAN

Name: FLEMING ASSOCIATES INSURANCE AGENCY, INC. - FLEMING ASSOCIATES INSURANCE AGENCY, INC. PROFIT SHARING 401K PLAN (2017) Form 5500
Creator: FLEMING ASSOCIATES INSURANCE AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLEMING ASSOCIATES INSURANCE AGENCY, INC. PROFIT SHARING 401K PLAN, FLEMING ASSOCIATES INSURANCE AGENCY, INC.

FLEMING ASSOCIATES INSURANCE AGENCY, INC.EIN 94-2407044Plan #003PY 2017

3000 CITRUS CIR STE 104 - WALNUT CREEK, CA 945982625925-891-3000flemingassociates.comLinkedIn1-10 employeesinsurance

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$5.5M

+3.1% from 2016

Total participants

0.0% from 2016

Average account balance

$1,097,601

+3.1% from 2016

Annual return

9.73%

+11.24 pp from 2016

Benchmarks

See 30,803 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,803 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.68M

Not enough data

1 years with asset history on file

Average account balance

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

$1.7M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+47.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45458

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$412K

$103058 / participant

Other / not subdivided$412K100.0%

% of EOY assets

7.512%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,097,601

$171,865+538.6%

$149,718+633.1%

$147,585+643.7%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

9.73%

2113.29%-2103.6pp

1501.67%-1491.9pp

578.56%-568.8pp

Employer contribution / active EE

$1,980

$6,275-68.4%

$5,445-63.6%

$4,876-59.4%

Participant deferral / active EE

$6,000

$7,270-17.5%

$6,569-8.7%

$5,439+10.3%

Admin fee / account holder

$82,446

$13,799+497.5%

$11,283+630.7%

$10,885+657.4%

FLEMING ASSOCIATES INSURANCE AGENCY, INC. PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLEMING ASSOCIATES INSURANCE AGENCY, INC. PROFIT SHARING 401K 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