Retirement plan

GLOBAL DATA CONSULTANTS, LLC 401K P/S PLAN

Name: GLOBAL DATA CONSULTANTS, LLC - GLOBAL DATA CONSULTANTS, LLC 401K P/S PLAN (2019) Form 5500
Creator: GLOBAL DATA CONSULTANTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL DATA CONSULTANTS, LLC 401K P/S PLAN, GLOBAL DATA CONSULTANTS, LLC

GLOBAL DATA CONSULTANTS, LLCEIN 20-0505791Plan #001PY 2019

1144 KENNEBEC DRIVE - CHAMBERSBURG, PA 172012809717-262-2080globaldataconsultants.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$7.5M

+30.6% from 2018

Total participants

415

+11.0% from 2018

Average account balance

$21,073

+10.5% from 2018

Annual return

23.73%

+32.19 pp from 2018

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.62M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

302

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$285

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
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MML INVESTORS SERVICES Service code 27 1295 STATE STREET · SPRINGFIELD, MA 01111	Advisory (Plan)	$19,989
PENNSYLVANIA PENSION PLANNERS, INC.5+ years Service code 15 · EIN 23-1735188	Recordkeeping	$15,225

Plan features & details

Pension benefit codes2E2G2J2K3B3D2F2T

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$17K

$64 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.229%

all-in expense ratio

Categories reported

0 / 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: SMITH ELLIOTT KEARNS & COMPANY LLC
Auditor EIN: 520783935
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,073

$88,122-76.1%

$141,191-85.1%

$67,579-68.8%

Participation rate

78.4%

76.5%+1.9pp

82.5%-4.1pp

71.3%+7.1pp

Annual return

23.73%

75.40%-51.7pp

71.41%-47.7pp

378.56%-354.8pp

Employer contribution / active EE

$446

$3,224-86.2%

$4,736-90.6%

$2,148-79.2%

Participant deferral / active EE

$3,215

$5,958-46.0%

$6,710-52.1%

$3,539-9.2%

Admin fee / account holder

$48

$131-63.1%

$10,264-99.5%

$142-66.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MML INVESTORS SERVICES

Service code 27

1295 STATE STREET · SPRINGFIELD, MA 01111

Advisory (Plan)

$19,989

PENNSYLVANIA PENSION PLANNERS, INC.5+ years

Service code 15 · EIN 23-1735188

Recordkeeping

$15,225

GLOBAL DATA CONSULTANTS, LLC 401K P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL DATA CONSULTANTS, LLC 401K P/S 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