Retirement plan

GREGORY D. BYNUM & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: GREGORY D. BYNUM & ASSOCIATES, INC. - GREGORY D. BYNUM & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: GREGORY D. BYNUM & ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREGORY D. BYNUM & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, GREGORY D. BYNUM & ASSOCIATES, INC.

GREGORY D. BYNUM & ASSOCIATES, INC.EIN 95-3733916Plan #001PY 2016

5601 TRUXTUN AVENUE, SUITE 190 - BAKERSFIELD, CA 93309559-224-7656

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+13.2% from 2015

Total participants

+7.7% from 2015

Average account balance

$149,562

+3.8% from 2015

Annual return

5.40%

+7.23 pp from 2015

Benchmarks

See 13,988 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort13,988 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.44M

Not enough data

1 years with asset history on file

Average account balance

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

$246K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$292K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+16.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6400

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$20K

$1693 / participant

Other / not subdivided$20K100.0%

% of EOY assets

1.132%

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

$149,562

$215,361-30.6%

$171,082-12.6%

$273,972-45.4%

Participation rate

83.3%

82.0%+1.3pp

76.7%+6.6pp

83.0%+0.3pp

Annual return

5.40%

25.14%-19.7pp

32.56%-27.2pp

41.46%-36.1pp

Employer contribution / active EE

$2,498

$4,967-49.7%

$4,002-37.6%

$4,869-48.7%

Participant deferral / active EE

$8,167

$5,543+47.3%

$4,797+70.2%

$5,287+54.5%

Admin fee / account holder

$1,693

$10,846-84.4%

$8,520-80.1%

$10,133-83.3%

GREGORY D. BYNUM & ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREGORY D. BYNUM & ASSOCIATES, INC. 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