Retirement plan

LOGIX COMMUNICATIONS, LP 401(K) PLAN

Name: LOGIX COMMUNICATIONS, LP - LOGIX COMMUNICATIONS, LP 401(K) PLAN (2018) Form 5500
Creator: LOGIX COMMUNICATIONS, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOGIX COMMUNICATIONS, LP 401(K) PLAN, LOGIX COMMUNICATIONS, LP

LOGIX COMMUNICATIONS, LPEIN 02-0602298Plan #001PY 2018

2950 NORTH LOOP WEST FREEWAY, 8TH FLOOR - HOUSTON, TX 770928846800-444-0258LinkedIn1-10 employeesexecutive office

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$9.8M

-11.4% from 2017

Total participants

398

+38.7% from 2017

Average account balance

$37,136

-45.1% from 2017

Annual return

-4.50%

-29.78 pp from 2017

Benchmarks

See 500 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort500 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.14M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

203

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.

75.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36

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 5 by compensation

Provider	Service type	Compensation
NOVA 401(K) ASSOCIATES3 years Filed as: NOVA 401K ASSOCIATES Service code 17 · EIN 20-1181458	Pension Consulting	$11,206
MORNINGSTAR2 years Service code 26 · EIN 36-3297908	Advisory (Participants)	$4,299
VOYA RETIREMENT INSURANCE & ANNUITY4+ years Filed as: VOYA RETIREMENT INSUR AND ANN CO. Service code 26 · EIN 71-0294708	Advisory (Participants)	$4,299
LINCOLN NATIONAL CORPORATION1 year Service code 15 · EIN 35-0472300	Recordkeeping	$238
AXA EQUITABLE LIFE INSURANCE CO2 years Filed as: AXA ADVISORS Service code 99 · EIN 13-4078005	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D3H

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
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

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

$21K

$60 / participant

Contract admin$21K100.0%

% of EOY assets

0.213%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,136

$62,543-40.6%

$83,327-55.4%

$55,725-33.4%

Participation rate

61.3%

78.4%-17.1pp

77.8%-16.4pp

70.9%-9.5pp

Annual return

-4.50%

14.85%-19.3pp

10.64%-15.1pp

244.93%-249.4pp

Employer contribution / active EE

$2,887

$2,427+18.9%

$3,379-14.6%

$2,078+38.9%

Participant deferral / active EE

$4,021

$5,682-29.2%

$5,565-27.8%

$3,356+19.8%

Admin fee / account holder

$79

$103-23.2%

$7,540-98.9%

$115-31.2%

Provider

Service type

Compensation

NOVA 401(K) ASSOCIATES3 years

Filed as: NOVA 401K ASSOCIATES

Service code 17 · EIN 20-1181458

Pension Consulting

$11,206

MORNINGSTAR2 years

Service code 26 · EIN 36-3297908

Advisory (Participants)

$4,299

VOYA RETIREMENT INSURANCE & ANNUITY4+ years

Filed as: VOYA RETIREMENT INSUR AND ANN CO.

Service code 26 · EIN 71-0294708

Advisory (Participants)

$4,299

LINCOLN NATIONAL CORPORATION1 year

Service code 15 · EIN 35-0472300

Recordkeeping

$238

AXA EQUITABLE LIFE INSURANCE CO2 years

Filed as: AXA ADVISORS

Service code 99 · EIN 13-4078005

Other Fees

LOGIX COMMUNICATIONS, LP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOGIX COMMUNICATIONS, LP 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