Retirement plan

CHAMELEON INTEGRATED SERVICES 401K PLAN

Name: UNITECH CONSULTING, LLC - CHAMELEON INTEGRATED SERVICES 401K PLAN (2020) Form 5500
Creator: UNITECH CONSULTING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAMELEON INTEGRATED SERVICES 401K PLAN, UNITECH CONSULTING, LLC

UNITECH CONSULTING, LLCdba CHAMELEON INTEGRATED SERVICESEIN 20-0126792Plan #001PY 2020

3207 WASHINGTON AVE. - SAINT LOUIS, MO 63103314-773-7200LinkedIn51-200 employees

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$5.2M

+9.6% from 2019

Total participants

-41.5% from 2019

Average account balance

$64,976

+47.9% from 2019

Annual return

11.02%

-16.82 pp from 2019

Benchmarks

See 26,422 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,422 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.22M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

184.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117K

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

+9.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21586

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
NATIONWIDE5 years Service code 64 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$39,272
BENEFIT PLANS ADMIN SERVICES, INC.1 year Filed as: BENEFIT PLANS PLUS Service code 13 · EIN 43-1829594 11701 BORMAN DR., SUITE 300 · ST. LOUIS, MO 63146	Contract Administrator	$2,560
LPL FINANCIAL5 years Service code 27 ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2F2T3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$3K

$100 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,976

$98,766-34.2%

$149,730-56.6%

$79,852-18.6%

Participation rate

80.6%

75.8%+4.9pp

82.5%-1.8pp

69.6%+11.0pp

Annual return

11.02%

27.43%-16.4pp

276.70%-265.7pp

31.72%-20.7pp

Employer contribution / active EE

$10,161

$3,217+215.9%

$4,645+118.7%

$2,471+311.2%

Participant deferral / active EE

$18,711

$5,681+229.4%

$6,843+173.4%

$3,740+400.2%

Admin fee / account holder

$39

$6,052-99.4%

$9,310-99.6%

$5,306-99.3%

Provider

Service type

Compensation

NATIONWIDE5 years

Service code 64 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$39,272

BENEFIT PLANS ADMIN SERVICES, INC.1 year

Filed as: BENEFIT PLANS PLUS

Service code 13 · EIN 43-1829594

11701 BORMAN DR., SUITE 300 · ST. LOUIS, MO 63146

Contract Administrator

$2,560

LPL FINANCIAL5 years

Service code 27

ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121

Advisory (Plan)

CHAMELEON INTEGRATED SERVICES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAMELEON INTEGRATED SERVICES 401K 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