Retirement plan

SPECTRUM EQUITY MANAGEMENT, INC. PROFIT SHARING RETIREMENT PLAN

Name: SPECTRUM EQUITY MANAGEMENT, INC. - SPECTRUM EQUITY MANAGEMENT, INC. PROFIT SHARING RETIREMENT PLAN (2016) Form 5500
Creator: SPECTRUM EQUITY MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPECTRUM EQUITY MANAGEMENT, INC. PROFIT SHARING RETIREMENT PLAN, SPECTRUM EQUITY MANAGEMENT, INC.

SPECTRUM EQUITY MANAGEMENT, INC.EIN 04-3190022Plan #001PY 2016

140 NEW MONTGOMERY STREET, 20TH FL - SAN FRANCISCO, CA 94105415-464-4600

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$26.2M

+2.0% from 2015

Total participants

100

+6.4% from 2015

Average account balance

$278,390

+1.0% from 2015

Annual return

4.43%

+0.90 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.88M

Not enough data

1 years with asset history on file

Average account balance

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

$423K

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.

158

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+22.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$37479 / participant

Other / not subdivided$2M100.0%

% of EOY assets

7.161%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$278,390

$87,834+217.0%

$133,975+107.8%

$62,881+342.7%

Participation rate

88.0%

83.4%+4.6pp

87.1%+0.9pp

69.3%+18.7pp

Annual return

4.43%

12.05%-7.6pp

29.29%-24.9pp

20.14%-15.7pp

Employer contribution / active EE

$13,884

$3,482+298.7%

$5,211+166.4%

$2,281+508.7%

Participant deferral / active EE

$11,369

$4,812+136.3%

$6,282+81.0%

$3,203+255.0%

Admin fee / account holder

$19,936

$5,372+271.1%

$9,324+113.8%

$4,296+364.1%

SPECTRUM EQUITY MANAGEMENT, INC. PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPECTRUM EQUITY MANAGEMENT, INC. PROFIT SHARING RETIREMENT 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