Retirement plan

LEGACY HUMAN RESOURCES 401(K) PROFIT SHARING PLAN

Name: LEGACY HUMAN RESOURCES - LEGACY HUMAN RESOURCES 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: LEGACY HUMAN RESOURCES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEGACY HUMAN RESOURCES 401(K) PROFIT SHARING PLAN, LEGACY HUMAN RESOURCES

LEGACY HUMAN RESOURCESEIN 20-2892382Plan #333PY 2017

304 INVERNESS WAY SOUTH, SUITE 235 - ENGLEWOOD, CO 80112303-534-2291

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$40.8M

+45.5% from 2016

Total participants

563

+8.3% from 2016

Average account balance

$86,416

+31.7% from 2016

Annual return

38.47%

+25.52 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60.32M

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.

679

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$477

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
SLAVIC INTEGRATED ADMINISTRATION3+ years Service code 15 · EIN 65-0608221	Recordkeeping	$137,376
SLAVIC INTEGRATED ADMINISTRATION3+ years Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP Service code 28 · EIN 59-2749576	Investment Management	$30,387
WEINSTEIN ZUGMAN, LLC1 year Service code 10 · EIN 20-0453834	Accounting	$10,000

Plan features & details

Pension benefit codes2E2F2G2J2K

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$178K

$501 / participant

Investment mgmt$30K17.1%
Contract admin$137K77.3%
Other / not subdivided$10K5.6%

% of EOY assets

0.436%

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: WEINSTEIN ZUGMAN, LLC
Auditor EIN: 200453834
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,416

$31,424+175.0%

$81,473+6.1%

$69,631+24.1%

Participation rate

74.4%

50.8%+23.5pp

68.0%+6.4pp

70.7%+3.7pp

Annual return

38.47%

22.44%+16.0pp

38.78%-0.3pp

27571.02%-27532.6pp

Employer contribution / active EE

$4,111

$1,029+299.5%

$2,568+60.1%

$2,032+102.3%

Participant deferral / active EE

$5,420

$1,838+194.8%

$3,537+53.2%

$3,224+68.1%

Admin fee / account holder

$377

$103+267.1%

$4,561-91.7%

$110+241.0%

Provider

Service type

Compensation

SLAVIC INTEGRATED ADMINISTRATION3+ years

Service code 15 · EIN 65-0608221

Recordkeeping

$137,376

SLAVIC INTEGRATED ADMINISTRATION3+ years

Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP

Service code 28 · EIN 59-2749576

Investment Management

$30,387

WEINSTEIN ZUGMAN, LLC1 year

Service code 10 · EIN 20-0453834

Accounting

$10,000

LEGACY HUMAN RESOURCES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEGACY HUMAN RESOURCES 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