Retirement plan

CENTURY BUSINESS SOLUTIONS 401(K) PLAN

Name: INTEGRA CAPITAL GROUP, INC. - CENTURY BUSINESS SOLUTIONS 401(K) PLAN (2023) Form 5500
Creator: INTEGRA CAPITAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTURY BUSINESS SOLUTIONS 401(K) PLAN, INTEGRA CAPITAL GROUP, INC.

INTEGRA CAPITAL GROUP, INC.EIN 20-3414809Plan #001PY 2023

20 PACIFICA, SUITE 1450 - IRVINE, CA 92618888-500-7798LinkedIn51-200 employeesinsurance

Prospect flagsLow assets / participantLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.8M

+43.4% from 2022

Total participants

165

-11.3% from 2022

Average account balance

$40,008

+56.1% from 2022

Annual return

22.48%

+42.11 pp from 2022

Benchmarks

See 2,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,154 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$7.08M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

164

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.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+18.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$158

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
NBS1 year Service code 13 430 W 7TH STREET, STE 219006 · KANSAS CITY, MO 641051407	Contract Administrator	$6,443
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SRVS Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$237

Plan features & details

Pension benefit codes2A2E2F2J2K2G2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$16 / participant

Contract admin$1K52.5%
Other / not subdivided$1K47.5%

% of EOY assets

0.037%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: LING & BOUMAN, LLP
Auditor EIN: 814590836
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,008

$130,194-69.3%

$169,993-76.5%

$71,457-44.0%

Participation rate

85.9%

86.1%-0.2pp

87.0%-1.1pp

67.9%+18.0pp

Annual return

22.48%

20.37%+2.1pp

53.37%-30.9pp

28.85%-6.4pp

Employer contribution / active EE

$1,456

$4,381-66.8%

$6,785-78.5%

$2,588-43.7%

Participant deferral / active EE

$6,672

$6,923-3.6%

$10,408-35.9%

$4,289+55.6%

Admin fee / account holder

$15

$966-98.5%

$12,815-99.9%

$1,587-99.1%

Provider

Service type

Compensation

NBS1 year

Service code 13

430 W 7TH STREET, STE 219006 · KANSAS CITY, MO 641051407

Contract Administrator

$6,443

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SRVS

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$237

CENTURY BUSINESS SOLUTIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTURY BUSINESS SOLUTIONS 401(K) 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