Retirement plan

MUSICK, PEELER & GARRETT LLP EMPLOYEE ASSET ACCUMULATION PROGRAM

Name: MUSICK, PEELER & GARRETT LLP - MUSICK, PEELER & GARRETT LLP EMPLOYEE ASSET ACCUMULATION PROGRAM (2015) Form 5500
Creator: MUSICK, PEELER & GARRETT LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUSICK, PEELER & GARRETT LLP EMPLOYEE ASSET ACCUMULATION PROGRAM, MUSICK, PEELER & GARRETT LLP

MUSICK, PEELER & GARRETT LLPEIN 95-1777575Plan #005PY 2015

ONE WILSHIRE BOULEVARD., SUITE 2000 - LOS ANGELES, CA 900173806213-629-7600musickpeeler.comLinkedIn201-500 employeeslaw practice

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$92.4M

No prior year

Total participants

246

No prior year

Average account balance

$378,662

No prior year

Annual return

-0.30%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$136.73M

Not enough data

1 years with asset history on file

Average account balance

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

$575K

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.

238

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+18.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$363

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$30,267
PACIFIC GLOBAL INVESTMENT MGMT1+ years Service code 26 · EIN 95-4351611	Advisory (Participants)	$14,037
COVINGTON CAPITAL MANAGEMENT1+ years Service code 26 · EIN 20-1253741	Advisory (Participants)	$13,407
ONEDIGITAL INVESTMENT ADVISORS LLC1+ years Filed as: KRAVITZ, INC. Service code 28 · EIN 95-3207191	Investment Management	$5,000
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Securitie...	$4,851
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3B3D

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.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$70K

$348 / participant

Investment mgmt$38K54.9%
Other / not subdivided$31K45.1%

% of EOY assets

0.075%

all-in expense ratio

Categories reported

1 / 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: PERRY HAY LLP
Auditor EIN: 462290413
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$378,662

$70,002+440.9%

$115,037+229.2%

$52,331+623.6%

Participation rate

99.0%

72.1%+26.9pp

81.4%+17.6pp

68.1%+30.9pp

Annual return

-0.30%

4.04%-4.3pp

26.14%-26.4pp

4.54%-4.8pp

Employer contribution / active EE

$11,442

$2,715+321.5%

$4,608+148.3%

$1,882+508.1%

Participant deferral / active EE

$9,770

$4,920+98.6%

$6,026+62.1%

$3,022+223.3%

Admin fee / account holder

$285

$566-49.6%

$8,175-96.5%

$592-51.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$30,267

PACIFIC GLOBAL INVESTMENT MGMT1+ years

Service code 26 · EIN 95-4351611

Advisory (Participants)

$14,037

COVINGTON CAPITAL MANAGEMENT1+ years

Service code 26 · EIN 20-1253741

Advisory (Participants)

$13,407

ONEDIGITAL INVESTMENT ADVISORS LLC1+ years

Filed as: KRAVITZ, INC.

Service code 28 · EIN 95-3207191

Investment Management

$5,000

CHARLES SCHWAB & CO., INC.1+ years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Securitie...

$4,851

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO AND AFFILIATES

Service code 59

Shareholder Servicing

MUSICK, PEELER & GARRETT LLP EMPLOYEE ASSET ACCUMULATION PROGRAM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MUSICK, PEELER & GARRETT LLP EMPLOYEE ASSET ACCUMULATION PROGRAM

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