Retirement plan

THE COMPUTER MERCHANT, LTD. 401(K) RETIREMENT SAVINGS PLAN

Name: THE COMPUTER MERCHANT, LTD. - THE COMPUTER MERCHANT, LTD. 401(K) RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: THE COMPUTER MERCHANT, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE COMPUTER MERCHANT, LTD. 401(K) RETIREMENT SAVINGS PLAN, THE COMPUTER MERCHANT, LTD.

THE COMPUTER MERCHANT, LTD.EIN 04-2703758Plan #002PY 2018

95 LONGWATER CIRCLE - NORWELL, MA 02061781-878-1070tcml.comLinkedIn501-1000 employeesstaffing and recruiting

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$11.4M

-8.5% from 2017

Total participants

507

+21.3% from 2017

Average account balance

$39,191

-4.5% from 2017

Annual return

-5.68%

-22.62 pp from 2017

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.83M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

187

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.

20.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$732K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$325

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 4 by compensation

Provider	Service type	Compensation
TD AMERITRADE, INC.4+ years Filed as: TD AMERITRADE Service code 19 4211 102ND STREET · OMAHA, NE 68127	Securities Custodian	$42,706
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 27 22 WEST WASHINGTON STREET · CHICAGO, IL 60602	Advisory (Plan)	$23,856
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346	Recordkeeping	$13,265
DAVINCI CAPITAL MANAGEMENT1 year Service code 27 801 CAMBRIDGE STREET · CAMBRIDGE, MA 02147	Advisory (Plan)	$7,233

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$89K

$299 / participant

Investment mgmt$7K8.2%
Contract admin$81K91.8%

% of EOY assets

0.777%

all-in expense ratio

Categories reported

2 / 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: BURKE & ASSOCIATES CPAS INC.
Auditor EIN: 020664148
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,191

$75,388-48.0%

$123,553-68.3%

$55,725-29.7%

Participation rate

27.0%

75.7%-48.6pp

82.3%-55.3pp

70.9%-43.8pp

Annual return

-5.68%

4.48%-10.2pp

119.21%-124.9pp

244.93%-250.6pp

Employer contribution / active EE

$3,063-100.0%

$4,628-100.0%

$2,078-100.0%

Participant deferral / active EE

$2,662

$5,651-52.9%

$6,426-58.6%

$3,356-20.7%

Admin fee / account holder

$305

$120+154.3%

$9,284-96.7%

$115+164.4%

Provider

Service type

Compensation

TD AMERITRADE, INC.4+ years

Filed as: TD AMERITRADE

Service code 19

4211 102ND STREET · OMAHA, NE 68127

Securities Custodian

$42,706

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 27

22 WEST WASHINGTON STREET · CHICAGO, IL 60602

Advisory (Plan)

$23,856

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC

Service code 15 · EIN 01-0233346

Recordkeeping

$13,265

DAVINCI CAPITAL MANAGEMENT1 year

Service code 27

801 CAMBRIDGE STREET · CAMBRIDGE, MA 02147

Advisory (Plan)

$7,233

THE COMPUTER MERCHANT, LTD. 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE COMPUTER MERCHANT, LTD. 401(K) RETIREMENT 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