Retirement plan

ORPINE, INC. 401(K) PLAN

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

ORPINE, INC.EIN 20-4526283Plan #001PY 2019

5865 NORTH POINT PKWY, SUITE 250 - ALPHARETTA, GA 30022770-475-1445

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$844K

+39.8% from 2018

Total participants

119

-14.4% from 2018

Average account balance

$19,635

+20.3% from 2018

Annual return

19.53%

+28.08 pp from 2018

Benchmarks

See 102 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Cohort102 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.63M

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.

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.

35.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7263

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

Top 5 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSMUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$6,162
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL LIFE INSURANCE Service code 27	Advisory (Plan)	$0
MESIROW FINANCIAL INVESTMENT MANAGE2 years Filed as: MESIROW FINANCIAL INVESTMENT Service code 49 · EIN 36-3429599	Other Services	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MML INSURANCE AGENCY, LLC Service code 22 · EIN 04-3109325	Insurance Broker	$0
MY BENEFITS, LLC2 years Service code 13 · EIN 45-2098380 5352 PEACHTREE ROAD · ATLANTA, GA 30341	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$65 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.765%

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: ZHI HAO WENG, CPA
Auditor EIN: 208058337
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,635

$91,111-78.4%

$84,021-76.6%

Participation rate

23.2%

59.1%-35.8pp

69.0%-45.8pp

Annual return

19.53%

12.53%+7.0pp

71.32%-51.8pp

Employer contribution / active EE

$769-100.0%

$1,984-100.0%

Participant deferral / active EE

$1,988

$2,182-8.9%

$3,239-38.6%

Admin fee / account holder

$150

$22,833-99.3%

$6,102-97.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSMUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

$6,162

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL LIFE INSURANCE

Service code 27

Advisory (Plan)

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Filed as: MESIROW FINANCIAL INVESTMENT

Service code 49 · EIN 36-3429599

Other Services

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MML INSURANCE AGENCY, LLC

Service code 22 · EIN 04-3109325

Insurance Broker

MY BENEFITS, LLC2 years

Service code 13 · EIN 45-2098380

5352 PEACHTREE ROAD · ATLANTA, GA 30341

Contract Administrator

ORPINE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORPINE, 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