Retirement plan

GUARDIAN SERVICE INDUSTRIES, INC. 401(K) PLAN

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

GUARDIAN SERVICE INDUSTRIES, INC.EIN 13-2878147Plan #001PY 2016

55 WATER STREET, LOBBY LEVEL - NEW YORK, NY 10041646-442-8956guardian-service.comLinkedIn1001-5000 employeesfacilities services

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.2M

+41.9% from 2015

Total participants

253

+31.1% from 2015

Average account balance

$25,932

+32.5% from 2015

Annual return

45.52%

+46.06 pp from 2015

Benchmarks

See 906 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort906 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.43M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

18.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$962K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$947

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
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$487
SIEGEL ACTUARIAL CONSULTING, INC.2+ years Service code 13 420 COMMONWEALTH DRIVE · WARRENDALE, PA 15086	Contract Administrator	$373
OPPENHEIMER1 year Filed as: OPPENHEIMER & CO. INC. Service code 55 125 BROAD ST FL 13 · NEW YORK, NY 10004	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

$433

$2 / participant

Contract admin$433100.0%

% of EOY assets

0.037%

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: MARKS PANETH
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,932

$32,425-20.0%

$74,577-65.2%

$55,167-53.0%

Participation rate

15.4%

54.0%-38.6pp

68.1%-52.7pp

69.0%-53.5pp

Annual return

45.52%

10.63%+34.9pp

20.47%+25.1pp

169.23%-123.7pp

Employer contribution / active EE

$525

$1,043-49.7%

$2,525-79.2%

$1,963-73.2%

Participant deferral / active EE

$1,995-100.0%

$3,458-100.0%

$3,054-100.0%

Admin fee / account holder

$10

$748-98.7%

$4,138-99.8%

$504-98.1%

Provider

Service type

Compensation

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$487

SIEGEL ACTUARIAL CONSULTING, INC.2+ years

Service code 13

420 COMMONWEALTH DRIVE · WARRENDALE, PA 15086

Contract Administrator

$373

OPPENHEIMER1 year

Filed as: OPPENHEIMER & CO. INC.

Service code 55

125 BROAD ST FL 13 · NEW YORK, NY 10004

Other Commissions

GUARDIAN SERVICE INDUSTRIES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GUARDIAN SERVICE INDUSTRIES, 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