Retirement plan

EXECUTIVE RECRUITING CONSULTANTS, INC. 401(K) PLAN

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

EXECUTIVE RECRUITING CONSULTANTS, INC.EIN 20-4467014Plan #002PY 2019

108 W 4TH ST, STE 201 - DELL RAPIDS, SD 57022605-428-6150ercjobs.comLinkedIn11-50 employeesstaffing and recruiting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$879K

+13.2% from 2018

Total participants

-23.1% from 2018

Average account balance

$97,692

+51.0% from 2018

Annual return

18.01%

+29.66 pp from 2018

Benchmarks

See 13,235 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort13,235 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.29M

Not enough data

1 years with asset history on file

Average account balance

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

$216K

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.

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3127

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

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.
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

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

$114K

$14269 / participant

Other / not subdivided$114K100.0%

% of EOY assets

12.983%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,692

$104,953-6.9%

$84,637+15.4%

$152,909-36.1%

Participation rate

87.5%

74.8%+12.7pp

68.2%+19.3pp

82.5%+5.0pp

Annual return

18.01%

373.94%-355.9pp

258.82%-240.8pp

345.46%-327.5pp

Employer contribution / active EE

$1,883

$3,304-43.0%

$2,653-29.0%

$4,764-60.5%

Participant deferral / active EE

$7,752

$4,691+65.3%

$3,900+98.8%

$5,851+32.5%

Admin fee / account holder

$12,684

$6,244+103.1%

$4,914+158.1%

$11,601+9.3%

EXECUTIVE RECRUITING CONSULTANTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXECUTIVE RECRUITING CONSULTANTS, INC. 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