Retirement plan

MILLER KAPLAN ARASE LLP 401(K) PROFIT SHARING PLAN

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

MILLER KAPLAN ARASE LLPEIN 95-2036255Plan #001PY 2016

4123 LANKERSHIM BLVD - NORTH HOLLYWOOD, CA 91602818-769-2010LinkedIn11-50 employees

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$18.6M

No prior year

Total participants

208

No prior year

Average account balance

$90,159

No prior year

Annual return

-6.92%

No prior year

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.98M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

327

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 17 · EIN 13-2638166	Pension Consulting	$34,526
BMO HARRIS BANK NA1+ years Filed as: BMO HARRIS BANK, N.A Service code 15 · EIN 36-2085229	Recordkeeping	$13,837
AMERICAN UNITED LIFE INSURANCE CO1+ years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$5,399

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$54K

$361 / participant

Investment mgmt$35K64.2%
Other / not subdivided$19K35.8%

% of EOY assets

0.289%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HUTCHINSON & BLOODGOOD LLP
Auditor EIN: 950858589
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,159

$75,183+19.9%

$123,894-27.2%

$55,167+63.4%

Participation rate

98.7%

72.8%+25.8pp

81.4%+17.2pp

69.0%+29.7pp

Annual return

-6.92%

19.01%-25.9pp

47.52%-54.4pp

169.23%-176.2pp

Employer contribution / active EE

$2,438

$2,823-13.7%

$4,617-47.2%

$1,963+24.2%

Participant deferral / active EE

$7,112

$5,084+39.9%

$5,984+18.9%

$3,054+132.9%

Admin fee / account holder

$261

$663-60.6%

$8,357-96.9%

$504-48.2%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 17 · EIN 13-2638166

Pension Consulting

$34,526

BMO HARRIS BANK NA1+ years

Filed as: BMO HARRIS BANK, N.A

Service code 15 · EIN 36-2085229

Recordkeeping

$13,837

AMERICAN UNITED LIFE INSURANCE CO1+ years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$5,399

MILLER KAPLAN ARASE LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER KAPLAN ARASE LLP 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