Retirement plan

ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN

Name: ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP - ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN (2017) Form 5500
Creator: ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN, ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLP

ALLEN MATKINS LECK GAMBLE MALLORY & NATSIS LLPEIN 95-3605309Plan #003PY 2017

515 SOUTH FIGUEROA STREET, 9TH FLOOR - LOS ANGELES, CA 900713398213-622-5555LinkedIn11-50 employees

Other plans on this EIN

1 filing

#006Retirement-$9.6M assets

Prospect flagsLow returnsHigh feesHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$235.2M

-11.8% from 2016

Total participants

475

+3.1% from 2016

Average account balance

$540,613

-14.9% from 2016

Annual return

13.88%

-15.64 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$303.17M

Not enough data

1 years with asset history on file

Average account balance

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

$533K

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.

569

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$378

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 10 of 14 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY3+ years Service code 28 · EIN 26-4310632	Investment Management	$62,189
DOWLING & YAHNKE LLC3+ years Service code 26 · EIN 26-0266092	Advisory (Participants)	$38,839
JP MORGAN INVESTMENT MANAGEMENT INC3+ years Filed as: OLD WEST INVESTMENT MANAGEMENT Service code 26 · EIN 26-3225052	Advisory (Participants)	$21,100
AHLSTROM & BAKER1 year Filed as: AHLSTROM & BAKER CPAS Service code 10 · EIN 33-0138137	Accounting	$20,000
PACIFICA CAPITAL1 year Filed as: PACIFICA CAPITAL INVESTMENTS L Service code 26 · EIN 84-1452736	Advisory (Participants)	$16,028
ADVICEPERIOD LLC1 year Service code 26 · EIN 90-1031455	Advisory (Participants)	$15,905
WESCAP MANAGEMENT GROUP3+ years Filed as: WESCAP MANAGEMENT GROUP INC Service code 26 · EIN 95-4154588	Advisory (Participants)	$14,956
PRIVATE MANAGEMENT GROUP INC3+ years Service code 26 · EIN 33-0151740	Advisory (Participants)	$11,721
ROBERT L BENDER INC2 years Service code 26 · EIN 95-3256399	Advisory (Participants)	$10,743
CHARLES SCHWAB & CO., INC.3+ years Service code 33 · EIN 94-1737782	Direct payment from the plan; Float r...	$9,130

Plan features & details

Pension benefit codes2F2G2J2R2T2E2A3B

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.

Opportunity flags

4 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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$238K

$684 / participant

Investment mgmt$204K85.6%
Other / not subdivided$34K14.4%

% of EOY assets

0.101%

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: AHLSTROM & BAKER
Auditor EIN: 330138137
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$540,613

$155,795+247.0%

$136,298+296.6%

$69,634+676.4%

Participation rate

88.5%

75.2%+13.3pp

81.9%+6.6pp

70.7%+17.8pp

Annual return

13.88%

232464.33%-232450.5pp

5156.27%-5142.4pp

27572.26%-27558.4pp

Employer contribution / active EE

$11,674

$2,991+290.3%

$4,696+148.6%

$2,032+474.5%

Participant deferral / active EE

$11,192

$5,394+107.5%

$6,247+79.1%

$3,224+247.2%

Admin fee / account holder

$547

$128+326.6%

$9,244-94.1%

$110+395.4%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY3+ years

Service code 28 · EIN 26-4310632

Investment Management

$62,189

DOWLING & YAHNKE LLC3+ years

Service code 26 · EIN 26-0266092

Advisory (Participants)

$38,839

JP MORGAN INVESTMENT MANAGEMENT INC3+ years

Filed as: OLD WEST INVESTMENT MANAGEMENT

Service code 26 · EIN 26-3225052

Advisory (Participants)

$21,100

AHLSTROM & BAKER1 year

Filed as: AHLSTROM & BAKER CPAS

Service code 10 · EIN 33-0138137

Accounting

$20,000

PACIFICA CAPITAL1 year

Filed as: PACIFICA CAPITAL INVESTMENTS L

Service code 26 · EIN 84-1452736

Advisory (Participants)

$16,028

ADVICEPERIOD LLC1 year

Service code 26 · EIN 90-1031455

Advisory (Participants)

$15,905

WESCAP MANAGEMENT GROUP3+ years

Filed as: WESCAP MANAGEMENT GROUP INC

Service code 26 · EIN 95-4154588

Advisory (Participants)

$14,956

PRIVATE MANAGEMENT GROUP INC3+ years

Service code 26 · EIN 33-0151740

Advisory (Participants)

$11,721

ROBERT L BENDER INC2 years

Service code 26 · EIN 95-3256399

Advisory (Participants)

$10,743

CHARLES SCHWAB & CO., INC.3+ years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Float r...

$9,130

ALLEN MATKINS PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLEN MATKINS PROFIT SHARING AND 401(K) 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