Retirement plan

JEFFER MANGELS BUTLER & MITCHELL LLP ASSOCIATE & NEW HIRE 401(K) PLAN

Name: JEFFER MANGELS BUTLER & MITCHELL LLP - JEFFER MANGELS BUTLER & MITCHELL LLP ASSOCIATE & NEW HIRE 401(K) PLAN (2017) Form 5500
Creator: JEFFER MANGELS BUTLER & MITCHELL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEFFER MANGELS BUTLER & MITCHELL LLP ASSOCIATE & NEW HIRE 401(K) PLAN, JEFFER MANGELS BUTLER & MITCHELL LLP

JEFFER MANGELS BUTLER & MITCHELL LLPEIN 95-3669194Plan #008PY 2017

1900 AVENUE OF THE STARS, 7TH FLOOR - LOS ANGELES, CA 90067310-203-8080jmbm.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#003Retirement-$105.8M assets #009Retirement-$5.8M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.7M

+7.4% from 2016

Total participants

+17.9% from 2016

Average account balance

$58,973

-4.6% from 2016

Annual return

9.45%

+3.81 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.99M

Not enough data

1 years with asset history on file

Average account balance

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

$352K

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.

188.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$494K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

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

+2.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$136785

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 codes2E2F2G2J2T3H2R

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.
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.
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

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.

Expense breakdown

Schedule H Part II

Admin total

$594K

$14852 / participant

Other / not subdivided$594K100.0%

% of EOY assets

15.990%

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

$58,973

$85,766-31.2%

$136,298-56.7%

$70,126-15.9%

Participation rate

92.5%

74.2%+18.3pp

81.9%+10.6pp

69.5%+23.0pp

Annual return

9.45%

31.46%-22.0pp

5156.27%-5146.8pp

73.15%-63.7pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,343-100.0%

Participant deferral / active EE

$12,876

$5,051+154.9%

$6,247+106.1%

$3,332+286.5%

Admin fee / account holder

$9,430

$5,421+74.0%

$9,244+2.0%

$4,645+103.0%

JEFFER MANGELS BUTLER & MITCHELL LLP ASSOCIATE & NEW HIRE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEFFER MANGELS BUTLER & MITCHELL LLP ASSOCIATE & NEW HIRE 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