Retirement plan

STAFFMARK / EMS 401(K) SAVINGS PLAN

Name: STAFFMARK / EMS - STAFFMARK / EMS 401(K) SAVINGS PLAN (2015) Form 5500
Creator: STAFFMARK / EMS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STAFFMARK / EMS 401(K) SAVINGS PLAN, STAFFMARK / EMS

STAFFMARK / EMSEIN 06-1553489Plan #001PY 2015

201 EAST 4TH STREET, SUITE 800 - CINCINNATI, OH 45202513-651-1111smgroupna.comLinkedIn1001-5000 employeesstaffing and recruiting

Prospect flagsLow returnsLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$45.2M

No prior year

Total participants

16,945

No prior year

Average account balance

$10,029

No prior year

Annual return

-7.43%

No prior year

Benchmarks

See 60 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants>=10,000

Cohort60 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$130.15M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

5,366

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

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+0.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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 7 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041	Advisory (Plan)	$30,000
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$27,577
BARNES, IACCARINO & SHEPHERD LLP1+ years Filed as: BARNES DENNIG Service code 50 · EIN 31-1119890	Direct Payment	$17,250
GROUP ASSOCIATES1+ years Service code 38 · EIN 38-2779844	Participant Communication	$10,000
PENSION CORPORATION OF AMERICA1+ years Service code 50 · EIN 31-1360674	Direct Payment	$8,125
UNITED MAIL1+ years Service code 50 · EIN 61-1359442	Direct Payment	$5,682
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO GALLIARD Service code 52 · EIN 94-6751924	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$69K

$4 / participant

Contract admin$28K40.0%
Other / not subdivided$42K60.0%

% of EOY assets

0.154%

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: BARNES, DENNIG & CO. LTD
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,029

$65,877-84.8%

$115,038-91.3%

$69,651-85.6%

Participation rate

25.7%

58.1%-32.4pp

81.4%-55.7pp

66.6%-40.9pp

Annual return

-7.43%

6.03%-13.5pp

26.14%-33.6pp

53.77%-61.2pp

Employer contribution / active EE

$66

$1,712-96.2%

$4,608-98.6%

$2,241-97.1%

Participant deferral / active EE

$174

$4,216-95.9%

$6,026-97.1%

$3,635-95.2%

Admin fee / account holder

$15

$77-80.1%

$8,175-99.8%

$63-75.6%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 27 · EIN 59-1237041

Advisory (Plan)

$30,000

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$27,577

BARNES, IACCARINO & SHEPHERD LLP1+ years

Filed as: BARNES DENNIG

Service code 50 · EIN 31-1119890

Direct Payment

$17,250

GROUP ASSOCIATES1+ years

Service code 38 · EIN 38-2779844

Participant Communication

$10,000

PENSION CORPORATION OF AMERICA1+ years

Service code 50 · EIN 31-1360674

Direct Payment

$8,125

UNITED MAIL1+ years

Service code 50 · EIN 61-1359442

Direct Payment

$5,682

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO GALLIARD

Service code 52 · EIN 94-6751924

Indirect Investment Fees

STAFFMARK / EMS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STAFFMARK / EMS 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