Retirement plan

CREDIT CONTROL, LLC 401(K) PLAN

Name: CREDIT CONTROL, LLC - CREDIT CONTROL, LLC 401(K) PLAN (2016) Form 5500
Creator: CREDIT CONTROL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CREDIT CONTROL, LLC 401(K) PLAN, CREDIT CONTROL, LLC

CREDIT CONTROL, LLCEIN 01-0861651Plan #001PY 2016

5757 PHANTON DRIVE, SUITE 330 - HAZELWOOD, MO 63042314-442-7429credit-control.comLinkedIn501-1000 employeesfinancial services

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$2.3M

+12.2% from 2015

Total participants

203

-21.6% from 2015

Average account balance

$16,185

+43.0% from 2015

Annual return

5.89%

+8.07 pp from 2015

Benchmarks

See 906 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort906 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.35M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

285

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$263

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 3 by compensation

Provider	Service type	Compensation
ADVANCED BENEFITS CONSULTING2+ years Service code 15 · EIN 38-1659534 11400 CONCORD VILLAGE AVENUE · ST. LOUIS, MO 63123	Recordkeeping	$8,911
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$8,892
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2J2K2T3D

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$26K

$141 / participant

Contract admin$26K100.0%

% of EOY assets

1.141%

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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,185

$32,425-50.1%

$74,577-78.3%

$55,167-70.7%

Participation rate

67.2%

54.0%+13.2pp

68.1%-0.9pp

69.0%-1.8pp

Annual return

5.89%

10.63%-4.7pp

20.47%-14.6pp

169.23%-163.3pp

Employer contribution / active EE

$651

$1,043-37.6%

$2,525-74.2%

$1,963-66.8%

Participant deferral / active EE

$1,972

$1,995-1.2%

$3,458-43.0%

$3,054-35.4%

Admin fee / account holder

$185

$748-75.3%

$4,138-95.5%

$504-63.4%

Provider

Service type

Compensation

ADVANCED BENEFITS CONSULTING2+ years

Service code 15 · EIN 38-1659534

11400 CONCORD VILLAGE AVENUE · ST. LOUIS, MO 63123

Recordkeeping

$8,911

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$8,892

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

CREDIT CONTROL, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CREDIT CONTROL, LLC 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