Retirement plan

HENLEY COMPANIES 401(K) SAVINGS PLAN

Name: HENLEY ENTERPRISES, INC. - HENLEY COMPANIES 401(K) SAVINGS PLAN (2018) Form 5500
Creator: HENLEY ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENLEY COMPANIES 401(K) SAVINGS PLAN, HENLEY ENTERPRISES, INC.

HENLEY ENTERPRISES, INC.EIN 04-3036456Plan #001PY 2018

54 JACONNET STREET, SUITE 100 - NEWTON HIGHLANDS, MA 02461617-243-0404

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$17.2M

+4.3% from 2017

Total participants

1,984

+73.1% from 2017

Average account balance

$15,853

+1.9% from 2017

Annual return

-5.01%

-20.51 pp from 2017

Benchmarks

See 228 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort228 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.81M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

2,699

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.

65.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.39M

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

+15.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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
NEWPORT GROUP, INC.3 years Service code 12 · EIN 27-2037969	Sub-transfer agency fees; Recordkeepi...	$90,607
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 15	Recordkeeping	$36,930
MMA SECURITIES LLC3 years Filed as: MMA SECURITIES, LLC Service code 27 · EIN 04-2848081	Advisory (Plan)	$30,000
CARAS & SHULMAN, PC2 years Service code 10 · EIN 04-2629080	Accounting	$22,237
RELIANCE TRUST COMPANY3 years Service code 12 · EIN 58-1428634	Custodial (securities); Account maint...	$10,724

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$143K

$78 / participant

Investment mgmt$30K21.0%
Contract admin$91K63.4%
Other / not subdivided$22K15.6%

% of EOY assets

0.828%

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: CARAS & SHULMAN, PC
Auditor EIN: 042629080
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,853

$37,884-58.2%

$79,467-80.1%

$75,289-78.9%

Participation rate

51.2%

65.0%-13.8pp

73.3%-22.1pp

72.4%-21.2pp

Annual return

-5.01%

1.06%-6.1pp

718.30%-723.3pp

-0.04%-5.0pp

Employer contribution / active EE

$712

$1,680-57.6%

$2,800-74.6%

$2,405-70.4%

Participant deferral / active EE

$917

$2,569-64.3%

$3,704-75.3%

$3,739-75.5%

Admin fee / account holder

$131

$77+71.5%

$5,104-97.4%

$102+28.3%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Service code 12 · EIN 27-2037969

Sub-transfer agency fees; Recordkeepi...

$90,607

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT GROUP, INC

Service code 15

Recordkeeping

$36,930

MMA SECURITIES LLC3 years

Filed as: MMA SECURITIES, LLC

Service code 27 · EIN 04-2848081

Advisory (Plan)

$30,000

CARAS & SHULMAN, PC2 years

Service code 10 · EIN 04-2629080

Accounting

$22,237

RELIANCE TRUST COMPANY3 years

Service code 12 · EIN 58-1428634

Custodial (securities); Account maint...

$10,724

HENLEY COMPANIES 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENLEY COMPANIES 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