Retirement plan

APPLIED RESEARCH SOLUTIONS, INC. 401(K) PLAN

Name: APPLIED RESEARCH SOLUTIONS, INC. - APPLIED RESEARCH SOLUTIONS, INC. 401(K) PLAN (2020) Form 5500
Creator: APPLIED RESEARCH SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APPLIED RESEARCH SOLUTIONS, INC. 401(K) PLAN, APPLIED RESEARCH SOLUTIONS, INC.

APPLIED RESEARCH SOLUTIONS, INC.EIN 13-3242455Plan #003PY 2020

LAWRENCE H. ONEILL RESEARCH C, 156 WILLIAM ST., 9TH FLOOR - NEW YORK, NY 10038212-502-1798

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$10.9M

+75.4% from 2019

Total participants

491

+49.7% from 2019

Average account balance

$24,016

+7.9% from 2019

Annual return

33.48%

-16.54 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.92M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

1,052

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+22.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$166

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 9 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 49 · EIN 04-1590850	Other Services	$17,574
AB FUNDS3 years Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN FUNDS3 years Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
CALVERT3 years Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS3 years Service code 52 · EIN 22-2370029	Indirect Investment Fees	$0
JANUS HENDERSON3 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
METROPOLITAN WEST ASSET MANAGEMENT3 years Service code 52 · EIN 95-4597302	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1 year Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.3 years Filed as: VANGUARD Service code 52 · EIN 51-0106626	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2S2T

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.
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.
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

1 tripped

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

$18K

$39 / participant

Investment mgmt$14K81.3%
Contract admin$3K18.7%

% of EOY assets

0.161%

all-in expense ratio

Categories reported

2 / 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: SWINDON SPRINGER & CO., INC.
Auditor EIN: 311339842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,016

$100,801-76.2%

$149,745-84.0%

$73,412-67.3%

Participation rate

92.0%

77.7%+14.3pp

82.5%+9.5pp

72.2%+19.8pp

Annual return

33.48%

265.34%-231.9pp

276.72%-243.2pp

59.30%-25.8pp

Employer contribution / active EE

$2,645

$3,312-20.1%

$4,646-43.1%

$2,234+18.4%

Participant deferral / active EE

$5,037

$6,404-21.4%

$6,843-26.4%

$3,806+32.3%

Admin fee / account holder

$39

$181-78.6%

$9,312-99.6%

$158-75.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 49 · EIN 04-1590850

Other Services

$17,574

AB FUNDS3 years

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN FUNDS3 years

Service code 52 · EIN 95-2817150

Indirect Investment Fees

CALVERT3 years

Service code 52 · EIN 52-1233223

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS3 years

Service code 52 · EIN 22-2370029

Indirect Investment Fees

JANUS HENDERSON3 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

METROPOLITAN WEST ASSET MANAGEMENT3 years

Service code 52 · EIN 95-4597302

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT1 year

Service code 52 · EIN 04-3158862

Indirect Investment Fees

THE VANGUARD GROUP, INC.3 years

Filed as: VANGUARD

Service code 52 · EIN 51-0106626

Indirect Investment Fees

APPLIED RESEARCH SOLUTIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APPLIED RESEARCH SOLUTIONS, 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