Retirement plan

ASCENSUS, INC. 401(K) SAVINGS PLAN

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

ASCENSUS, INC.EIN 11-3665754Plan #001PY 2016

200 DRYDEN ROAD - DRESHER, PA 19025215-648-1490ascensus.comLinkedIn5001-10000 employeesfinancial services

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$118.3M

-11.9% from 2016

Total participants

2,072

-8.9% from 2016

Average account balance

$59,038

-4.8% from 2016

Annual return

9.56%

-6.43 pp from 2016

Benchmarks

See 529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort529 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$621.76M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

5,972

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 10 of 13 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$22,544
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 15 · EIN 13-5674085	Recordkeeping	$12,500
BELLWEATHER CONSULTING2+ years Service code 16 75 MAIN ST · MILLBURN, NJ 07041	Consulting	$11,340
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY INVESTMENTS Service code 52 PO BOX 419200 · KANSAS CITY, MO 641416200	Indirect Investment Fees	$0
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 52 333 S. HOPE STREET · LOS ANGELES, CA 90071	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Filed as: CLEARBRIDGE Service code 52 620 EIGHTH AVE · NEW YORK, NY 10018	Indirect Investment Fees	$0
COLUMBIA1 year Filed as: COLUMBIA MANAGEMENT INV. ADV. Service code 52 C/O BFDS · CANTON, MA 020212809	Indirect Investment Fees	$0
HARBOR2+ years Service code 52 111 S. WACKER DR · CHICAGO, IL 60606	Indirect Investment Fees	$0
THE HARTFORD1 year Filed as: HARTFORD Service code 52 690 ASYLUM AVE · HARTFORD, CT 06115	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2+ years Filed as: JP MORGAN Service code 52 245 PARK AVE · NEW YORK, NY 10167	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K2F2T

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.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$35K

$21 / participant

Contract admin$35K100.0%

% of EOY assets

0.029%

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: DELOITTE AND TOUCHE LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,038

$80,354-26.5%

$133,975-55.9%

$63,975-7.7%

Participation rate

95.9%

87.5%+8.4pp

87.1%+8.9pp

71.1%+24.8pp

Annual return

9.56%

13.11%-3.5pp

29.29%-19.7pp

48.65%-39.1pp

Employer contribution / active EE

$1,833

$3,503-47.7%

$5,211-64.8%

$2,182-16.0%

Participant deferral / active EE

$5,010

$5,239-4.4%

$6,282-20.3%

$3,356+49.3%

Admin fee / account holder

$17

$69-75.1%

$9,324-99.8%

$70-75.5%

Provider

Service type

Compensation

ASCENSUS LLC2+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$22,544

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH

Service code 15 · EIN 13-5674085

Recordkeeping

$12,500

BELLWEATHER CONSULTING2+ years

Service code 16

75 MAIN ST · MILLBURN, NJ 07041

Consulting

$11,340

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY INVESTMENTS

Service code 52

PO BOX 419200 · KANSAS CITY, MO 641416200

Indirect Investment Fees

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 52

333 S. HOPE STREET · LOS ANGELES, CA 90071

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Filed as: CLEARBRIDGE

Service code 52

620 EIGHTH AVE · NEW YORK, NY 10018

Indirect Investment Fees

COLUMBIA1 year

Filed as: COLUMBIA MANAGEMENT INV. ADV.

Service code 52

C/O BFDS · CANTON, MA 020212809

Indirect Investment Fees

HARBOR2+ years

Service code 52

111 S. WACKER DR · CHICAGO, IL 60606

Indirect Investment Fees

THE HARTFORD1 year

Filed as: HARTFORD

Service code 52

690 ASYLUM AVE · HARTFORD, CT 06115

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: JP MORGAN

Service code 52

245 PARK AVE · NEW YORK, NY 10167

Indirect Investment Fees

ASCENSUS, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASCENSUS, INC. 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