Retirement plan

FRONTLINE NATIONAL LLC 401(K) PROFIT SHARING PLAN

Name: FRONTLINE NATIONAL LLC - FRONTLINE NATIONAL LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: FRONTLINE NATIONAL LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRONTLINE NATIONAL LLC 401(K) PROFIT SHARING PLAN, FRONTLINE NATIONAL LLC

FRONTLINE NATIONAL LLCEIN 16-1700726Plan #001PY 2024

502 TECHNE CENTER DRIVE - MILFORD, OH 45150512-368-9969frontlinenational.comLinkedIn51-200 employeesstaffing and recruiting

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+14.6% from 2023

Total participants

145

-6.5% from 2023

Average account balance

$10,427

+16.3% from 2023

Annual return

9.79%

-6.09 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

139

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.

88.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$233K

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

+9.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$205

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 2 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1 year Service code 64 · EIN 71-0294708	Recordkeeping Fees	$16,252
BOON ADMINISTRATIVE SERVICES INC1 year Filed as: THE BOON GROUP Service code 99 · EIN 33-0449333	Other Fees	$12,027

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$28K

$569 / participant

Investment mgmt$12K42.9%
Contract admin$16K56.6%
Other / not subdivided$1500.5%

% of EOY assets

1.964%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAS PARTNERS, LLC
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,427

$81,331-87.2%

$155,534-93.3%

$80,935-87.1%

Participation rate

88.0%

66.3%+21.7pp

78.2%+9.8pp

67.7%+20.3pp

Annual return

9.79%

33.37%-23.6pp

64.92%-55.1pp

35.66%-25.9pp

Employer contribution / active EE

$1,823

$3,105-41.3%

$4,675-61.0%

$2,757-33.9%

Participant deferral / active EE

$2,844

$3,454-17.7%

$5,630-49.5%

$4,299-33.9%

Admin fee / account holder

$205

$7,999-97.4%

$15,900-98.7%

$6,924-97.0%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$16,252

BOON ADMINISTRATIVE SERVICES INC1 year

Filed as: THE BOON GROUP

Service code 99 · EIN 33-0449333

Other Fees

$12,027

FRONTLINE NATIONAL LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRONTLINE NATIONAL LLC 401(K) PROFIT SHARING 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