Retirement plan

THE ADVERTISING CHECKING BUREAU, INC. 401(K) PLAN

Name: THE ADVERTISING CHECKING BUREAU, INC. - THE ADVERTISING CHECKING BUREAU, INC. 401(K) PLAN (2018) Form 5500
Creator: THE ADVERTISING CHECKING BUREAU, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ADVERTISING CHECKING BUREAU, INC. 401(K) PLAN, THE ADVERTISING CHECKING BUREAU, INC.

THE ADVERTISING CHECKING BUREAU, INC.EIN 13-3188150Plan #002PY 2018

1919 W FAIRMONT DRIVE, SUITE 7 - TEMPE, AZ 85282602-438-2320acbcoop.comLinkedIn501-1000 employeesmarketing and advertising

Prospect flagsHigh feesLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$17.2M

-7.1% from 2017

Total participants

350

-6.9% from 2017

Average account balance

$49,899

-0.4% from 2017

Annual return

-5.79%

-18.57 pp from 2017

Benchmarks

See 500 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort500 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.32M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

334

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.55M

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

+10.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$324

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Recordkeep...	$70,524
LPL FINANCIAL4+ years Filed as: LPL HOLDINGS, INC. Service code 16 · EIN 04-3046611	Consulting	$28,427
JANOVER LLC3 years Service code 10 · EIN 11-3258497	Accounting	$12,500
NATIONAL FINANCIAL SERVICES4+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$111K

$377 / participant

Investment mgmt$28K25.5%
Other / not subdivided$83K74.5%

% of EOY assets

0.649%

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: JANOVER LLC
Auditor EIN: 113258497
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,899

$62,543-20.2%

$83,327-40.1%

$55,725-10.5%

Participation rate

98.0%

78.4%+19.6pp

77.8%+20.2pp

70.9%+27.1pp

Annual return

-5.79%

14.85%-20.6pp

10.64%-16.4pp

244.93%-250.7pp

Employer contribution / active EE

$409

$2,427-83.2%

$3,379-87.9%

$2,078-80.3%

Participant deferral / active EE

$2,900

$5,682-49.0%

$5,565-47.9%

$3,356-13.6%

Admin fee / account holder

$324

$103+214.2%

$7,540-95.7%

$115+181.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Recordkeep...

$70,524

LPL FINANCIAL4+ years

Filed as: LPL HOLDINGS, INC.

Service code 16 · EIN 04-3046611

Consulting

$28,427

JANOVER LLC3 years

Service code 10 · EIN 11-3258497

Accounting

$12,500

NATIONAL FINANCIAL SERVICES4+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

THE ADVERTISING CHECKING BUREAU, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ADVERTISING CHECKING BUREAU, 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