Retirement plan

ANDROMEDA SYSTEMS INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST

Name: ANDROMEDA SYSTEMS INCORPORATED - ANDROMEDA SYSTEMS INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: ANDROMEDA SYSTEMS INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDROMEDA SYSTEMS INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST, ANDROMEDA SYSTEMS INCORPORATED

ANDROMEDA SYSTEMS INCORPORATEDEIN 20-3595072Plan #001PY 2019

615 LYNNHAVEN PWKY SUITE #104 - VIRGINIA BEACH, VA 23452757-340-9070androsysinc.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$20.1M

+41.6% from 2018

Total participants

436

+15.6% from 2018

Average account balance

$55,228

+19.8% from 2018

Annual return

25.45%

+31.26 pp from 2018

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.76M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

552

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.

86.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+18.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$212

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
PARK AVENUE SECURITIES LLC5+ years Filed as: PARK AVENUE SECURITIES Service code 55 · EIN 21-3723568	Other Commissions	$39,853
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,256

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$3K

$9 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.016%

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: MULKEY & COMPANY, PC
Auditor EIN: 541589582
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,228

$88,122-37.3%

$141,197-60.9%

$67,582-18.3%

Participation rate

80.7%

76.5%+4.3pp

82.5%-1.7pp

71.3%+9.5pp

Annual return

25.45%

75.40%-50.0pp

71.41%-46.0pp

378.57%-353.1pp

Employer contribution / active EE

$2,781

$3,224-13.8%

$4,736-41.3%

$2,148+29.5%

Participant deferral / active EE

$6,709

$5,958+12.6%

$6,7100%

$3,539+89.5%

Admin fee / account holder

$131-93.2%

$10,265-99.9%

$142-93.7%

Provider

Service type

Compensation

PARK AVENUE SECURITIES LLC5+ years

Filed as: PARK AVENUE SECURITIES

Service code 55 · EIN 21-3723568

Other Commissions

$39,853

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,256

ANDROMEDA SYSTEMS INCORPORATED 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDROMEDA SYSTEMS INCORPORATED 401(K) PROFIT SHARING PLAN AND 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