Retirement plan

SHARP DECISIONS, INC. 401(K) PLAN

Name: SHARP DECISIONS, INC. - SHARP DECISIONS, INC. 401(K) PLAN (2016) Form 5500
Creator: SHARP DECISIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHARP DECISIONS, INC. 401(K) PLAN, SHARP DECISIONS, INC.

SHARP DECISIONS, INC.EIN 11-3032786Plan #001PY 2016

1040 AVENUE OF THE AMERICAS, 17TH FLOOR - NEW YORK, NY 10018212-403-7544sharpdecisions.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$10.7M

+12.9% from 2015

Total participants

434

+32.7% from 2015

Average account balance

$44,066

-0.6% from 2015

Annual return

11.05%

+10.32 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.65M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

179

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.

37.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$604

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 3 by compensation

Provider	Service type	Compensation
ASSOCIATED PENSION CONSULTANTS1 year Filed as: ASSOCIATED PENSION CONSULTANTS, INC Service code 99 · EIN 11-3271022	Other Fees	$0
MORNINGSTAR1 year Service code 27 · EIN 36-3297908	Advisory (Plan)	$0
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 27 · EIN 71-0294708	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$13 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.039%

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: WAGNER, FINE & ACKERMAN, PLLC
Auditor EIN: 113061778
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,066

$80,177-45.0%

$123,894-64.4%

$57,658-23.6%

Participation rate

40.7%

74.4%-33.8pp

81.4%-40.7pp

70.2%-29.5pp

Annual return

11.05%

17.90%-6.9pp

47.52%-36.5pp

5.13%+5.9pp

Employer contribution / active EE

$2,913-100.0%

$4,617-100.0%

$1,974-100.0%

Participant deferral / active EE

$4,088

$5,130-20.3%

$5,984-31.7%

$3,061+33.6%

Admin fee / account holder

$17

$106-84.0%

$8,357-99.8%

$95-82.0%

Provider

Service type

Compensation

ASSOCIATED PENSION CONSULTANTS1 year

Filed as: ASSOCIATED PENSION CONSULTANTS, INC

Service code 99 · EIN 11-3271022

Other Fees

MORNINGSTAR1 year

Service code 27 · EIN 36-3297908

Advisory (Plan)

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 27 · EIN 71-0294708

Advisory (Plan)

SHARP DECISIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHARP DECISIONS, 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