1. Confidential 6/29/2017 Page 1
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G H I J P Q R U W Y AE AF AH AJ AK AN AQ AR AU AX AY BB BE BF BI BL BM BN BO BP BQ
Patent Pending Serial Number 62368060
EVAL % OF PLAN: 91% 2016 2015 3 Year 5 Year
22,892,856.63$ 23,078,509.00 =5500 -32% -28% -18% -24%
3% flows 2016 100% 7,667.46 437,807.02$ 50% (14,111.72) 20,785,205 (18,877.78) 18,909,891 -$17,782.96 15,545,603 -$4,909.93 13,700,535 $8,374.05 2016 2015 3 Year 5 Year
1 29 7% (17,039) 21,005,596.00 218,903.51 (598,438) 20,785,205 -$156,200.42 $18,909,891.21 -$432,877.78 15,545,603 -$369,915.19 $13,700,535.01 -$134,577.66 -79% -38% -41% -52%
prospectus benchmark
2nd
BM=1,0
Level
1 Index name ticker
trust assets 2017
DEITZ
% of level
1
2017
lag
2017 lag
cost
trust assets 2016
DEITZ 50% of flows 2016 lag 2016 lag cost
trust assets beg 2015
dietz from 5500
2015
lag
2015 lag cost
from 5500
trust assets beg
2014 dietz from
5500
2014
lag
2014 lag cost from
5500
trust assets beg
2013 dietz from
5500
2013
lag
2013 lag cost from
5500
trust assets beg
2012 dietz from 5500
2012
lag
2012 lag cost from
5500 fd v bm 2016 fd v bm 2015 fd v bm 3y fd v bm 5y fd v bm 10y
Russell 3000 Growth TR USD 0 X No Wells Fargo Growth Inst SGRNX 3,268,010 15% 3.17 3,219,023.00 33,546.08 (8.0) (255,930.71) 3,185,249.04 (2.15) (68,587.55) 2,897,864.68 (8.32) (241,227.70) 2,382,301.07 (0.51) (12,245.96) 2,099,551.82 1.93 (7.95) (2.15) (6.12) (3.64) 1.81
Russell 1000 TR USD 1 X Yes Dreyfus S&P 500 Index PEOPX 2,885,534 12% (0.10) 2,541,189.00 26,482.24 (0.7) (17,934.67) 2,514,526.87 (0.01) 2,287,657.42 (0.09) 1,880,656.74 (1.35) (25,447.94) 1,657,446.37 (0.97) (16,059.36) (0.71) (0.01) (0.26) (0.59) (0.62)
Morningstar Lifetime Mod 2020 TR USD 1 X No Fidelity Advisor Freedom® 2020 I FDIFX 1,853,529 8% 1.38 1,694,429.00 17,657.98 (0.4) (7,455.49) 1,676,651.07 1.23 1,525,377.72 (0.78) (11,897.95) 1,253,995.40 (0.03) 1,105,161.87 (1.06) (11,714.72) (0.44) 1.23 0.04 (0.19) (1.12)
BBgBarc US Agg Bond TR USD 0 X No Prudential Total Return Bond Q PTRQX 1,650,790 7% 1.02 1,543,371.00 16,083.78 2.2 1,527,177.97 (0.46) (7,090.44) 1,389,390.60 1.29 1,142,201.96 1.11 1,006,636.92 5.74 2.18 (0.46) 0.98 1.93 1.51
MSCI EAFE NR USD 0 X No Ivy International Core Equity I ICEIX 1,307,340 6% 0.76 1,259,997.00 13,130.68 0.7 1,246,777.12 0.08 1,134,288.51 6.28 932,485.48 2.15 821,811.15 (3.33) (27,377.55) 0.66 0.08 2.36 1.28 3.03
Russell Mid Cap Growth TR USD 0 X No Prudential Jennison Mid Cap Growth Q PJGQX 1,233,068 6% 1.67 1,158,680.00 12,074.84 (3.0) (35,193.89) 1,146,523.14 (2.04) (23,433.09) 1,043,079.79 (2.22) (23,136.52) 857,503.85 (7.44) (63,799.21) 755,728.90 0.61 (3.04) (2.04) (2.43) (2.70) 0.20
Morningstar Lifetime Mod 2025 TR USD 1 X No Fidelity Advisor Freedom® 2025 I FITWX 1,208,718 5% 1.28 1,103,641.00 11,501.26 (1.0) (11,367.50) 1,092,061.61 1.38 993,531.97 (0.62) (6,159.90) 816,771.16 (0.07) 719,830.67 (0.79) (5,686.66) (1.03) 1.38 (0.05) (0.20) (0.88)
S&P 500 TR USD 0 X No Fidelity Advisor Freedom® 2015 I FFVIX 984,455 4% (1.65) (16,243.51) 902,454.00 9,404.65 (5.0) (45,393.44) 892,985.46 (2.08) (18,574.10) 812,417.17 (8.80) (71,492.71) 667,878.77 (20.80) (138,918.78) 588,609.94 (5.43) (31,961.52) (5.03) (2.08) (5.21) (8.09) (2.69)
Russell 3000 Value TR USD 0 X No JPMorgan Value Advantage A JVAAX 985,714 4% (0.19) 830,095.00 8,650.59 (1.9) (15,842.39) 821,385.65 (0.60) (4,965.05) 747,277.35 0.61 614,328.08 (1.10) (6,763.36) 541,415.04 0.77 (1.91) (0.60) (0.62) (0.44) 2.06
S&P 500 TR USD 0 X No Fidelity Advisor Freedom® 2030 I FEFIX 829,139 4% (0.10) 752,478.00 7,841.72 (3.9) (29,647.63) 744,583.01 (2.10) (15,636.24) 677,404.11 (8.21) (55,614.88) 556,886.09 (14.80) (82,419.14) 490,790.70 (2.67) (13,104.11) (3.94) (2.10) (4.67) (6.10) (2.88)
Russell Mid Cap Value TR USD 0 X No JPMorgan Mid Cap Value A JAMCX 809,966 3% 0.08 696,492.00 7,258.28 (5.9) (41,343.47) 689,184.41 1.96 627,003.77 (0.15) 515,452.56 (2.12) (10,927.12) 454,274.81 1.35 (5.94) 1.96 (1.15) (0.84) 0.40
BBgBarc US Universal TR USD 0 X No Fidelity Advisor® Strategic Income A FSTAX 726,240 3% 1.28 656,631.00 6,842.88 4.5 649,741.63 (2.27) (14,779.10) 591,119.66 (2.04) (12,076.66) 485,952.64 1.43 428,276.16 5.02 4.52 (2.27) 0.00 1.26 1.00
Russell 2000 TR USD 0 X No Calvert Small Cap A CCVAX 787,849 3% 0.13 644,234.00 6,713.69 (1.3) (8,428.51) 637,474.70 3.33 579,959.50 2.14 476,778.00 2.03 420,190.43 (1.06) (4,439.29) (1.31) 3.33 1.56 1.12 (0.54)
Morningstar Lifetime Mod 2040 TR USD 1 X No Fidelity Advisor Freedom® 2040 I FIFFX 637,774 3% 1.18 576,902.00 6,012.01 (2.2) (12,864.91) 570,849.15 2.09 519,345.13 (0.09) 426,947.63 (2.43) (10,374.83) 376,274.31 (1.32) (4,966.82) (2.23) 2.09 - (0.69) (1.29)
Morningstar Lifetime Mod 2050 TR USD 1 X No Fidelity Advisor Freedom® 2050 I FFFPX 636,046 3% 0.91 575,234.00 5,994.63 (2.5) (14,323.33) 569,198.65 2.50 517,843.55 0.43 425,713.20 (1.27) (5,406.56) 375,186.38 (0.94) (3,526.75) (2.49) 2.50 0.24 (0.25) (1.28)
MSCI EAFE Value GR USD 0 X No MFS International Value A MGIAX 511,079 2% 1.01 481,911.00 5,022.09 (1.8) (8,457.31) 476,854.79 11.70 433,831.28 6.20 356,647.68 3.76 314,318.08 (2.63) (8,251.19) (1.75) 11.70 5.49 3.71 4.51
S&P United States REIT TR USD 1 X No Fidelity Advisor® Real Estate A FHEAX 458,796 2% (0.23) 427,203.00 4,451.97 (3.2) (13,825.05) 422,720.79 0.74 384,581.44 (0.74) (2,848.74) 316,159.95 (0.96) (3,041.03) 278,635.73 0.12 (3.24) 0.74 (1.08) (0.83) (0.28)
Morningstar Lifetime Mod 2045 TR USD 1 X No Fidelity Advisor Freedom® 2045 I FFFIX 469,516 2% 1.05 424,781.00 4,426.73 (2.5) (10,534.57) 420,324.20 2.21 382,401.08 0.32 314,367.51 (1.84) (5,784.36) 277,056.03 (1.16) (3,213.85) (2.48) 2.21 0.10 (0.49) (1.23)
BofAML USD LIBOR 3 Mon CM 1 X No Fidelity® Money Market SPRXX 300,409 1% (0.06) 293,235.00 3,055.86 (0.3) (887.29) 290,158.38 (0.22) 263,979.27 (0.22) 217,014.31 (0.28) (597.51) 191,257.43 (0.50) (949.82) (0.30) (0.22) (0.25) (0.30) (0.39)
Morningstar Lifetime Mod 2055 TR USD 1 X No Fidelity Advisor Freedom® 2055 I FHFIX 323,962 1% 0.87 292,934.00 3,052.72 (2.5) (7,294.06) 289,860.54 2.62 263,708.30 0.80 216,791.55 (0.30) (650.37) 191,061.11 (0.81) (1,547.60) (2.49) 2.62 0.40 0.05 -
S&P North American Natural Resources
TR 1 X No Fidelity Advisor® Materials A FMFAX 290,362 1% 11.89 254,890.00 2,656.26 (19.2) (48,846.11) 252,215.70 15.36 229,459.91 9.45 188,636.34 5.07 166,247.57 17.63 (19.16) 15.36 4.13 6.86 4.95
Morningstar Lifetime Mod 2035 TR USD 1 X No Fidelity Advisor Freedom® 2035 I FITHX 270,598 1% 1.61 244,838.00 2,551.51 (1.7) (4,186.73) 242,269.16 1.80 220,410.79 (0.29) (639.19) 181,197.16 (1.80) (3,261.55) 159,691.33 (1.11) (1,772.57) (1.71) 1.80 - (0.54) (1.15)
BBgBarc US Agg Bond TR USD 0 X No Fidelity Advisor Freedom® Income I FIAFX 202,012 1% 1.80 188,201.00 1,961.28 2.6 186,226.40 (1.19) (2,216.09) 169,424.40 (2.24) (3,795.11) 139,281.84 6.47 122,750.83 2.12 2.55 (1.19) (0.30) 1.55 (0.67)
MSCI EM NR USD 0 X No Oppenheimer Developing Markets A ODMAX 171,392 1% (0.46) (795.61) 157,176.00 1,637.96 (4.3) (6,755.99) 155,526.91 0.86 141,494.73 (2.62) (3,704.58) 116,321.18 10.96 102,515.32 2.63 (4.30) 0.86 (1.82) 1.47 2.34
BBgBarc US Treasury US TIPS TR USD 0 X No PIMCO Real Return A PRTNX 49,850 0% 0.51 46,696.00 486.63 (0.1) 46,206.07 (1.70) (786.51) 42,037.19 (0.63) (266.43) 34,558.29 (0.80) (277.46) 30,456.65 1.84 (0.06) (1.70) (0.82) (0.32) (0.20)
Russell 1000 Growth TR USD 0 X No Janus Research A JRAAX 31,814 0% (0.23) 30,781.00 320.77 (5.8) (1,791.03) 30,458.05 (0.42) (128.09) 27,710.01 0.78 22,780.08 1.40 20,076.37 1.18 (5.82) (0.42) (1.90) (0.74) (0.24)
Morningstar Lifetime Mod 2060 TR USD 1 X No Fidelity Advisor Freedom® 2060 I FDKQX 5,649 0% 0.92 5,108.00 53.23 (2.5) (125.66) 5,054.41 2.64 4,598.38 - 3,780.28 - 3,331.60 - (2.46) 2.64 - - -
Morningstar Lifetime Mod 2010 TR USD 1 X No Fidelity Advisor Freedom® 2010 I FCIFX 2,857 0% 1.20 2,634.00 27.45 (0.3) (8.17) 2,606.36 0.97 2,371.21 (0.51) (12.09) 1,949.34 2.07 1,717.98 (0.34) (5.84) (0.31) 0.97 0.07 0.38 (0.87)
BBgBarc US Agg Bond TR USD 0 X No Fidelity Advisor Freedom® 2005 I FFIVX 386 0% 2.57 358.00 3.73 3.2 354.24 (1.17) (4.14) 322.28 (1.65) (5.32) 264.94 9.99 233.50 4.35 3.16 (1.17) 0.10 2.92 (0.69)
0 0% - - - - - -
0 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
0 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
1 0% - - - - - -
%
Index
Calc PlanGrader review: The ABC 401k and Profit Sharing Plan
#
funds
bmck17Patent pending PlanGrader for Morris & Ritchie
2. Prepared from IRS Forms 5500 filings
by Rick Canipe, EA, MBA
IRS Enrolled Agent 77840; to verify the status,
email epp@irs.gov or call 855.472.5540.
www.Fix401k.com
www.MiraCenter.com
Data from Morningstar.com
91%
TOTAL PAID
$971,077 $920,525 $901,185 $1,720,918 ? ? $ 4,513,705
Distributions
2012 2013 2014 2015 2016 2017Q1
-$17,039 -$1,709,048-$134,578 -$369,915 -$432,878 -$156,200 -$598,438
$ Lag 2012 2013 2014 2015 2016 2017Q1 TOTAL LAG
"Under trust law, a trustee has a continuing duty to monitor trust investments and
remove imprudent ones."
21% What % of the investment menu met or
beat their benchmarks in 2016?
Values from www.efast.dol.gov--also review and refer to your plan's annual 29 CFR 2550.404a-5 notice % of Plan Assets Reviewed:
"...emphasizes a duty to diversify, the avoidance of unjustified costs, and the
importance of evaluating the portfolio as a whole…"
82% In 2016, what percent of the evaluated
trust was invested in lagging funds?
Supreme Court May 18, 2015 Ruling
No In 2016, were >50% of assets invested in
passive institutional shares?
The Third Restatement of Trusts
Prudent Investor Rule Adherence
“The greater the trustee’s departure from one of the valid passive strategies, the
greater is likely to be the burden of justification and also of continuous monitoring.”
The ABC 401k and Profit Sharing Plan
Federal regulation 2550.408b-2 requires reviewing providers to determine they bring value and are "necessary." Federal regulation 2550.404a-5 requires
disclosures to investors so they can evaluate performance versus benchmarks. This document was produced to aid in these efforts.
-79%
-38%
-41%
-52%
-90%
-80%
-70%
-60%
-50%
-40%
-30%
-20%
-10%
0%
2016 2015 3 YEAR 5 YEAR
% of Funds Lagging Benchmarks
(888)PlanLag www.FundLag.com
AVERAGE %
COST/YR
+/- BENCHMARKS
2014-2016
-0.82%
-0.39%
Participants' Investment Cost
v. Return Comparison
Prepared using this plan's most recent public
IRS/DOL Forms 5500 at www.dol.gov/efast
Presented _______________
by R. Canipe, J. Holland or approved advisor
3. Prepared from IRS Forms 5500 filings
by Rick Canipe, EA, MBA
IRS Enrolled Agent 77840; to verify the status,
email epp@irs.gov or call 855.472.5540.
www.Fix401k.com
www.MiraCenter.com
Data from Morningstar.com
Prepared using this plan's most recent public
IRS/DOL Forms 5500 at www.dol.gov/efast
Presented _______________
by R. Canipe, J. Holland or approved advisor
4. Prepared from IRS Forms 5500 filings
by Rick Canipe, EA, MBA
IRS Enrolled Agent 77840; to verify the status,
email epp@irs.gov or call 855.472.5540.
www.Fix401k.com
www.MiraCenter.com
Data from Morningstar.com
91%
Prudent Investor Rule Adherence
“The greater the trustee’s departure from one of the valid passive strategies, the
greater is likely to be the burden of justification and also of continuous monitoring.”
Federal regulation 2550.408b-2 requires reviewing providers to determine they bring value and are "necessary." Federal regulation 2550.404a-5 requires
disclosures to investors so they can evaluate performance versus benchmarks. This document was produced to aid in these efforts.
The ABC 401k and Profit Sharing PlanAmerican Law Institute Prudent Investor Rule
"...emphasizes a duty to diversify, the avoidance of unjustified costs, and the
importance of evaluating the portfolio as a whole…"
32% In 2016, what percent of the evaluated
trust was invested in lagging funds?
Supreme Court May 18, 2015 Ruling
Yes In 2016, were >50% of assets invested in
passive institutional shares?
The Third Restatement of Trusts
$ Lag 2012 2013 2014 2015 2016 2017Q1 TOTAL LAG
"Under trust law, a trustee has a continuing duty to monitor trust investments and
remove imprudent ones."
68% What % of the investment menu met or
beat their benchmarks in 2016?
Values from www.efast.dol.gov--also review and refer to your plan's annual 29 CFR 2550.404a-5 notice % of Plan Assets Reviewed:
$7,667 -$39,641$8,374 -$4,910 -$17,783 -$18,878 -$14,112
TOTAL PAID
$971,077 $920,525 $901,185 $1,720,918 ? ? $ 4,513,705
Distributions
2012 2013 2014 2015 2016 2017Q1
-32%
-28%
-18%
-24%
-35%
-30%
-25%
-20%
-15%
-10%
-5%
0%
2016 2015 3 YEAR 5 YEAR
% of Funds Lagging Benchmarks
(888)PlanLag www.FundLag.com
AVERAGE %
COST/YR
+/- BENCHMARKS
2014-2016
-0.18%
-0.15%
Participants' Investment Cost v.
Return Comparison
Prepared using this plan's most recent public
IRS/DOL Forms 5500 at www.dol.gov/efast
Presented _______________
by R. Canipe, J. Holland or approved advisor
5. Prepared from IRS Forms 5500 filings
by Rick Canipe, EA, MBA
IRS Enrolled Agent 77840; to verify the status,
email epp@irs.gov or call 855.472.5540.
www.Fix401k.com
www.MiraCenter.com
Data from Morningstar.com
Prepared using this plan's most recent public
IRS/DOL Forms 5500 at www.dol.gov/efast
Presented _______________
by R. Canipe, J. Holland or approved advisor