Retirement plan

AGREEYA SOLUTIONS 401(K)

Name: AGREEYA SOLUTIONS, INC. - AGREEYA SOLUTIONS 401(K) (2019) Form 5500
Creator: AGREEYA SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AGREEYA SOLUTIONS 401(K), AGREEYA SOLUTIONS, INC.

AGREEYA SOLUTIONS, INC.EIN 20-2965578Plan #001PY 2019

605 COOLIDGE DRIVE - FOLSOM, CA 95630916-294-0074agreeya.comLinkedIn1001-5000 employeesinformation technology and services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.2M

+28.3% from 2018

Total participants

195

-39.3% from 2018

Average account balance

$44,579

+26.1% from 2018

Annual return

22.21%

+31.89 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.17M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

171

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.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$448

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
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 15 · EIN 13-3689044	Recordkeeping	$38,823
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 22	Insurance Broker	$22,323
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 22 · EIN 54-0910269	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$39K

$271 / participant

Other / not subdivided$39K100.0%

% of EOY assets

0.744%

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: NARESH ARORA & GULRAJANI CPAS LLP
Auditor EIN: 261826459
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,579

$89,652-50.3%

$141,177-68.4%

$65,185-31.6%

Participation rate

45.5%

74.7%-29.3pp

82.5%-37.0pp

70.2%-24.7pp

Annual return

22.21%

32.79%-10.6pp

71.40%-49.2pp

29.38%-7.2pp

Employer contribution / active EE

$1,887

$3,065-38.4%

$4,736-60.2%

$2,177-13.3%

Participant deferral / active EE

$4,353

$5,691-23.5%

$6,710-35.1%

$3,514+23.9%

Admin fee / account holder

$332

$569-41.6%

$10,263-96.8%

$847-60.8%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 15 · EIN 13-3689044

Recordkeeping

$38,823

WELLS FARGO BANK, N.A.5+ years

Filed as: WELLS FARGO ADVISORS, LLC

Service code 22

Insurance Broker

$22,323

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO CLEARING SERVICES LLC

Service code 22 · EIN 54-0910269

Insurance Broker

AGREEYA SOLUTIONS 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AGREEYA SOLUTIONS 401(K)

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