Retirement plan

IG DESIGN GROUP AMERICAS, INC. 401K PLAN

Name: IG DESIGN GROUP AMERICAS, INC. - IG DESIGN GROUP AMERICAS, INC. 401K PLAN (2017) Form 5500
Creator: IG DESIGN GROUP AMERICAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IG DESIGN GROUP AMERICAS, INC. 401K PLAN, IG DESIGN GROUP AMERICAS, INC.

IG DESIGN GROUP AMERICAS, INC.EIN 04-2953448Plan #001PY 2017

5555 GLENRIDGE CONNECTOR, SUITE 300 - ATLANTA, GA 30342912-884-9727

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$10.2M

+25.3% from 2016

Total participants

266

-8.0% from 2016

Average account balance

$60,917

+28.3% from 2016

Annual return

22.53%

+17.18 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$299K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-99.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 9 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850	Indirect Investment Fees	$18,856
QUALIFIED PLANS, LLC3+ years Service code 13 · EIN 58-2605083	Contract Administrator	$15,899
AMERICAN FUNDS1 year Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52	Indirect Investment Fees	$0
MICHAEL F. YATES & COMPANY, INC.3+ years Filed as: MICHAEL G FOGARTY Service code 53 7393 HODGSON MEMORIAL DR STE 201 · SAVANNAH, GA 31406	Insurance Commissions	$0
NORTHERN FUNDS1 year Service code 52 · EIN 39-1882210	Indirect Investment Fees	$0
STANLEY BENEFIT SERVICES, INC.3+ years Filed as: STANLEY R DOMINEY Service code 53 200 W FORSYTH ST · JACKSONVILLE, FL 32202	Insurance Commissions	$0
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE Service code 52 · EIN 51-0612044	Indirect Investment Fees	$0

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$81 / participant

Contract admin$19K100.0%

% of EOY assets

0.185%

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: HANCOCK ASKEW & CO., LLP
Auditor EIN: 580662558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,917

$63,314-3.8%

$91,004-33.1%

$62,293-2.2%

Participation rate

57.7%

73.3%-15.6pp

75.6%-17.9pp

69.5%-11.8pp

Annual return

22.53%

21.00%+1.5pp

4.60%+17.9pp

28.90%-6.4pp

Employer contribution / active EE

$1,242

$1,807-31.3%

$2,456-49.4%

$2,042-39.2%

Participant deferral / active EE

$2,820

$2,944-4.2%

$3,548-20.5%

$3,169-11.0%

Admin fee / account holder

$113

$468-75.9%

$5,417-97.9%

$479-76.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$18,856

QUALIFIED PLANS, LLC3+ years

Service code 13 · EIN 58-2605083

Contract Administrator

$15,899

AMERICAN FUNDS1 year

Service code 52 · EIN 94-6050854

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Service code 27 · EIN 61-1732930

Advisory (Plan)

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52

Indirect Investment Fees

MICHAEL F. YATES & COMPANY, INC.3+ years

Filed as: MICHAEL G FOGARTY

Service code 53

7393 HODGSON MEMORIAL DR STE 201 · SAVANNAH, GA 31406

Insurance Commissions

NORTHERN FUNDS1 year

Service code 52 · EIN 39-1882210

Indirect Investment Fees

STANLEY BENEFIT SERVICES, INC.3+ years

Filed as: STANLEY R DOMINEY

Service code 53

200 W FORSYTH ST · JACKSONVILLE, FL 32202

Insurance Commissions

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE

Service code 52 · EIN 51-0612044

Indirect Investment Fees

IG DESIGN GROUP AMERICAS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IG DESIGN GROUP AMERICAS, INC. 401K 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