Retirement plan

HALO BRANDED SOLUTIONS, INC. 401(K) SAVINGS PLAN

Name: HALO BRANDED SOLUTIONS, INC. - HALO BRANDED SOLUTIONS, INC. 401(K) SAVINGS PLAN (2024) Form 5500
Creator: HALO BRANDED SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HALO BRANDED SOLUTIONS, INC. 401(K) SAVINGS PLAN, HALO BRANDED SOLUTIONS, INC.

HALO BRANDED SOLUTIONS, INC.EIN 03-0509520Plan #001PY 2024

1500 HALO WAY - STERLING, IL 61081815-625-0980halo.comLinkedIn1001-5000 employeesmarketing and advertising

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$131.4M

+14.3% from 2023

Total participants

2,227

+1.3% from 2023

Average account balance

$62,279

+12.4% from 2023

Annual return

14.39%

-3.86 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$131.41M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

2,110

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 2 by compensation

Provider	Service type	Compensation
BOKF, NA10+ years Service code 19 P.O. BOX 880 · TULSA, OK 74101	Securities Custodian	$224,834
MESIROW FINANCIAL INVESTMENT MANAGE10+ years Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849	Advisory (Plan)	$25,000

Plan features & details

Pension benefit codes3D2E2F2K2G2J2T

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$254K

$135 / participant

Recordkeeping$150K59.1%
Trustee / custodial$32K12.8%
Investment mgmt$50K19.7%
Other / not subdivided$21K8.4%

% of EOY assets

0.193%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,279

$122,128-49.0%

$147,117-57.7%

$200,096-68.9%

Participation rate

93.8%

78.2%+15.6pp

82.2%+11.6pp

72.0%+21.8pp

Annual return

14.39%

30.58%-16.2pp

420.54%-406.1pp

34.26%-19.9pp

Employer contribution / active EE

$422

$4,093-89.7%

$4,932-91.4%

$3,038-86.1%

Participant deferral / active EE

$5,425

$8,484-36.1%

$8,065-32.7%

$5,090+6.6%

Admin fee / account holder

$120

$180-33.0%

$12,993-99.1%

$269-55.3%

Provider

Service type

Compensation

BOKF, NA10+ years

Service code 19

P.O. BOX 880 · TULSA, OK 74101

Securities Custodian

$224,834

MESIROW FINANCIAL INVESTMENT MANAGE10+ years

Filed as: MESIROW FINANCIAL, INC.

Service code 27 · EIN 36-3194849

Advisory (Plan)

$25,000

HALO BRANDED SOLUTIONS, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HALO BRANDED SOLUTIONS, INC. 401(K) SAVINGS 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