Retirement plan

BUCHALTER NEMER 401K PLAN

Name: BUCHALTER NEMER, A PROFESSIONAL CORPORATION - BUCHALTER NEMER 401K PLAN (2016) Form 5500
Creator: BUCHALTER NEMER, A PROFESSIONAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUCHALTER NEMER 401K PLAN, BUCHALTER NEMER, A PROFESSIONAL CORPORATION

BUCHALTER NEMER, A PROFESSIONAL CORPORATIONEIN 95-2640846Plan #002PY 2016

1000 WILSHIRE BOULEVARD, SUITE 1500 - LOS ANGELES, CA 900172457213-891-5661LinkedIn11-50 employees

Other plans on this EIN

2 filings

#004Retirement-$11.5M assets #003Retirement-$6.3M assets

Prospect flagsHigh feesHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$85M

-10.5% from 2016

Total participants

301

-12.0% from 2016

Average account balance

$283,351

+1.3% from 2016

Annual return

9.35%

-9.77 pp from 2016

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

$209.28M

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.64M

Not enough data

1 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

+14.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 6 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2+ years Filed as: J.P. MORGAN SECURITIES Service code 19 601 S. FIGUEROA STREET · LOS ANGELES, CA 90017	Securities Custodian	$96,122
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969	Direct payment from the plan; Recordk...	$89,006
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB Service code 27 2423 E. LINCOLN DRIVE · PHOENIX, AZ 85016	Advisory (Plan)	$13,601
MORGAN STANLEY SMITH BARNEY2+ years Service code 27 9665 WILSHIRE BLVD · BEVERLY HILLS, CA 90212	Advisory (Plan)	$11,425
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131	Claims processing; Trustee (directed)...	$8,534
OPPENHEIMER1 year Filed as: OPPENHEIMER FUNDS Service code 27 10880 WILSHIRE BLVD · LOS ANGELES, CA 90024	Advisory (Plan)	$5,621

Plan features & details

Pension benefit codes2A2E2G2J2R2T2F

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$229K

$944 / participant

Investment mgmt$229K99.7%
Contract admin$6740.3%

% of EOY assets

0.270%

all-in expense ratio

Categories reported

2 / 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: MILLER AND COMPANY, LLP
Auditor EIN: 951754087
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$283,351

$75,183+276.9%

$123,894+128.7%

$55,167+413.6%

Participation rate

99.6%

72.8%+26.8pp

81.4%+18.2pp

69.0%+30.6pp

Annual return

9.35%

19.01%-9.7pp

47.52%-38.2pp

169.23%-159.9pp

Employer contribution / active EE

$11,610

$2,823+311.2%

$4,617+151.5%

$1,963+491.6%

Participant deferral / active EE

$9,678

$5,084+90.3%

$5,984+61.7%

$3,054+216.9%

Admin fee / account holder

$765

$663+15.5%

$8,357-90.8%

$504+51.8%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: J.P. MORGAN SECURITIES

Service code 19

601 S. FIGUEROA STREET · LOS ANGELES, CA 90017

Securities Custodian

$96,122

NEWPORT GROUP, INC.1 year

Service code 12 · EIN 27-2037969

Direct payment from the plan; Recordk...

$89,006

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB

Service code 27

2423 E. LINCOLN DRIVE · PHOENIX, AZ 85016

Advisory (Plan)

$13,601

MORGAN STANLEY SMITH BARNEY2+ years

Service code 27

9665 WILSHIRE BLVD · BEVERLY HILLS, CA 90212

Advisory (Plan)

$11,425

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 12 · EIN 27-4411131

Claims processing; Trustee (directed)...

$8,534

OPPENHEIMER1 year

Filed as: OPPENHEIMER FUNDS

Service code 27

10880 WILSHIRE BLVD · LOS ANGELES, CA 90024

Advisory (Plan)

$5,621

BUCHALTER NEMER 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUCHALTER NEMER 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