Retirement plan

ACCELERA SOLUTIONS, INC. 401(K) PLAN

Name: ACCELERA SOLUTIONS, INC. - ACCELERA SOLUTIONS, INC. 401(K) PLAN (2019) Form 5500
Creator: ACCELERA SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCELERA SOLUTIONS, INC. 401(K) PLAN, ACCELERA SOLUTIONS, INC.

ACCELERA SOLUTIONS, INC.EIN 04-3616686Plan #001PY 2019

12150 MONUMENT DR., STE 800 - FAIRFAX, VA 22033706-637-3315accelerasolutions.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.1M

+9.1% from 2018

Total participants

118

-15.1% from 2018

Average account balance

$44,675

+28.3% from 2018

Annual return

25.08%

+30.94 pp from 2018

Benchmarks

See 25,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,909 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.46M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$394K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+25.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6743

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 3 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO Service code 15 · EIN 94-1347393	Recordkeeping	$18,494
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS PCG Service code 27	Advisory (Plan)	$5,749
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISOR PCG Service code 27 · EIN 56-0276690	Advisory (Plan)	$0

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$24K

$418 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.596%

all-in expense ratio

Categories reported

0 / 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: SIKICH
Auditor EIN: 363168801
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,675

$89,370-50.0%

$141,197-68.4%

$72,976-38.8%

Participation rate

53.4%

75.1%-21.7pp

82.5%-29.0pp

69.5%-16.0pp

Annual return

25.08%

111.88%-86.8pp

71.41%-46.3pp

81.02%-55.9pp

Employer contribution / active EE

$1,632

$3,115-47.6%

$4,736-65.5%

$2,440-33.1%

Participant deferral / active EE

$6,615

$5,419+22.1%

$6,710-1.4%

$3,608+83.4%

Admin fee / account holder

$266

$5,957-95.5%

$10,265-97.4%

$5,124-94.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO

Service code 15 · EIN 94-1347393

Recordkeeping

$18,494

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO ADVISORS PCG

Service code 27

Advisory (Plan)

$5,749

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO ADVISOR PCG

Service code 27 · EIN 56-0276690

Advisory (Plan)

ACCELERA SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCELERA SOLUTIONS, INC. 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