Retirement plan

ASSURED INFORMATION SECURITY, INC. EMPLOYEES 401(K) PLAN

Name: ASSURED INFORMATION SECURITY, INC. - ASSURED INFORMATION SECURITY, INC. EMPLOYEES 401(K) PLAN (2018) Form 5500
Creator: ASSURED INFORMATION SECURITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSURED INFORMATION SECURITY, INC. EMPLOYEES 401(K) PLAN, ASSURED INFORMATION SECURITY, INC.

ASSURED INFORMATION SECURITY, INC.EIN 04-3608903Plan #001PY 2018

153 BROOKS ROAD - ROME, NY 13441315-336-3306ainfosec.comLinkedIn201-500 employeesdefense & space

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$29.2M

-12.2% from 2017

Total participants

395

+13.5% from 2017

Average account balance

$73,849

-22.6% from 2017

Annual return

-3.30%

-47.87 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

$54.81M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

345

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76

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
LPL FINANCIAL1 year Service code 27 · EIN 04-3046611 PO BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$41,667
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: FIRST GREAT WEST LIFE & ANNUITY Service code 64 · EIN 93-1225432	Recordkeeping Fees	$22,746
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADVISORY SVC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$7,397
INVEST FINANCIAL CORPORATION3 years Filed as: INVEST FINANCIAL CORP Service code 27 PO BOX 5097 · APPLETON, WI 54912	Advisory (Plan)	$4,167
BENEFIT PLANS ADMIN SERVICES, INC.2 years Filed as: BENEFIT PLANS ADMIN SERVICE Service code 13 6 RHOADS DR STE 7 · UTICA, NY 13502	Contract Administrator	$3,333

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

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

$24K

$83 / participant

Investment mgmt$23K97.4%
Contract admin$6252.6%

% of EOY assets

0.082%

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: D'ARCANGELO & CO., LLP
Auditor EIN: 132550103
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,849

$75,388-2.0%

$123,553-40.2%

$55,725+32.5%

Participation rate

100.0%

75.7%+24.3pp

82.3%+17.7pp

70.9%+29.1pp

Annual return

-3.30%

4.48%-7.8pp

119.21%-122.5pp

244.93%-248.2pp

Employer contribution / active EE

$7,236

$3,063+136.2%

$4,628+56.4%

$2,078+248.2%

Participant deferral / active EE

$6,538

$5,651+15.7%

$6,426+1.8%

$3,356+94.9%

Admin fee / account holder

$60

$120-49.6%

$9,284-99.3%

$115-47.6%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Service code 27 · EIN 04-3046611

PO BOX 502533 · SAN DIEGO, CA 921502533

Advisory (Plan)

$41,667

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: FIRST GREAT WEST LIFE & ANNUITY

Service code 64 · EIN 93-1225432

Recordkeeping Fees

$22,746

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADVISORY SVC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$7,397

INVEST FINANCIAL CORPORATION3 years

Filed as: INVEST FINANCIAL CORP

Service code 27

PO BOX 5097 · APPLETON, WI 54912

Advisory (Plan)

$4,167

BENEFIT PLANS ADMIN SERVICES, INC.2 years

Filed as: BENEFIT PLANS ADMIN SERVICE

Service code 13

6 RHOADS DR STE 7 · UTICA, NY 13502

Contract Administrator

$3,333

ASSURED INFORMATION SECURITY, INC. EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSURED INFORMATION SECURITY, INC. EMPLOYEES 401(K) 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