Retirement plan

EXPERTVOICE, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: EXPERTVOICE, INC. - EXPERTVOICE, INC. 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: EXPERTVOICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXPERTVOICE, INC. 401(K) PROFIT SHARING PLAN & TRUST, EXPERTVOICE, INC.

EXPERTVOICE, INC.EIN 20-1957244Plan #001PY 2020

9 EXCHANGE PLACE, SUITE 100 - SALT LAKE CITY, UT 84111801-869-6210expertvoice.comLinkedIn51-200 employeesmarketing and advertising

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$11.7M

+8.2% from 2019

Total participants

303

+0.3% from 2019

Average account balance

$42,776

+7.8% from 2019

Annual return

13.59%

-12.54 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

$19.81M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

222

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.

82.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.40M

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

+19.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$302

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE4 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$32,940
RH ADVISORS, LLC3 years Service code 26 · EIN 82-3883514 DBA ROCK HOUSE FINANCIAL · FARMINGTON, UT 84025	Advisory (Participants)	$25,831
ABG PORTFOLIO STRATEGIES, INC.2 years Filed as: ABG ROCKY MOUNTAIN Service code 15 · EIN 87-0364490 7090 S. UNION PARK AVE., SUITE 650 · SALT LAKE CITY, UT 84047	Recordkeeping	$5,833

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$74K

$284 / participant

Investment mgmt$26K34.9%
Contract admin$48K65.1%

% of EOY assets

0.631%

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: TANNER, LLC
Auditor EIN: 202253063
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,776

$100,801-57.6%

$149,730-71.4%

$73,412-41.7%

Participation rate

88.8%

77.7%+11.2pp

82.5%+6.4pp

72.2%+16.7pp

Annual return

13.59%

265.34%-251.7pp

276.70%-263.1pp

59.30%-45.7pp

Employer contribution / active EE

$1,947

$3,312-41.2%

$4,645-58.1%

$2,234-12.8%

Participant deferral / active EE

$3,810

$6,404-40.5%

$6,843-44.3%

$3,806+0.1%

Admin fee / account holder

$270

$181+49.3%

$9,310-97.1%

$158+70.9%

Provider

Service type

Compensation

NATIONWIDE4 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$32,940

RH ADVISORS, LLC3 years

Service code 26 · EIN 82-3883514

DBA ROCK HOUSE FINANCIAL · FARMINGTON, UT 84025

Advisory (Participants)

$25,831

ABG PORTFOLIO STRATEGIES, INC.2 years

Filed as: ABG ROCKY MOUNTAIN

Service code 15 · EIN 87-0364490

7090 S. UNION PARK AVE., SUITE 650 · SALT LAKE CITY, UT 84047

Recordkeeping

$5,833

EXPERTVOICE, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXPERTVOICE, INC. 401(K) PROFIT SHARING PLAN & TRUST

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