Retirement plan

GAN CORPORATION 401(K) PROFIT SHARING PLAN

Name: GAN CORPORATION - GAN CORPORATION 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: GAN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GAN CORPORATION 401(K) PROFIT SHARING PLAN, GAN CORPORATION

GAN CORPORATIONEIN 20-1007795Plan #001PY 2018

11247 S. MEMORIAL PKWY - HUNTSVILLE, AL 35803256-489-2471

Other plans on this EIN

1 filing

#002Retirement-$406K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.6M

-8.9% from 2017

Total participants

168

-7.7% from 2017

Average account balance

$59,615

-5.5% from 2017

Annual return

-5.05%

-25.45 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.43M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

246

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.

93.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+15.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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
SYNOVUS TRUST COMPANY4+ years Filed as: SYNOVUS SECURITIES Service code 55 · EIN 58-1625031	Other Commissions	$25,107
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	$990

Plan features & details

Pension benefit codes2F2J2K2R2T3D2E

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).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$975

$10 / participant

Other / not subdivided$975100.0%

% of EOY assets

0.010%

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: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,615

$77,817-23.4%

$123,553-51.7%

$64,173-7.1%

Participation rate

92.8%

74.7%+18.1pp

82.3%+10.5pp

69.6%+23.2pp

Annual return

-5.05%

12.49%-17.5pp

119.21%-124.3pp

7.63%-12.7pp

Employer contribution / active EE

$1,899

$3,014-37.0%

$4,628-59.0%

$2,381-20.2%

Participant deferral / active EE

$5,546

$5,240+5.8%

$6,426-13.7%

$3,470+59.9%

Admin fee / account holder

$5,519-99.9%

$9,284-99.9%

$4,887-99.9%

Provider

Service type

Compensation

SYNOVUS TRUST COMPANY4+ years

Filed as: SYNOVUS SECURITIES

Service code 55 · EIN 58-1625031

Other Commissions

$25,107

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

$990

GAN CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GAN CORPORATION 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