Retirement plan

LATINWORKS MARKETING, LLC 401(K) PROFIT SHARING PLAN TRUST

Name: LATINWORKS MARKETING, LLC - LATINWORKS MARKETING, LLC 401(K) PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: LATINWORKS MARKETING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LATINWORKS MARKETING, LLC 401(K) PROFIT SHARING PLAN TRUST, LATINWORKS MARKETING, LLC

LATINWORKS MARKETING, LLCEIN 20-4607339Plan #001PY 2016

2500 BEE CAVES RD, BUILDING B, SUITE 300 - AUSTIN, TX 78746512-479-6024

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.1M

-8.7% from 2015

Total participants

153

-1.9% from 2015

Average account balance

$35,075

+1.6% from 2015

Annual return

8.16%

+10.45 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.77M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

157.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$417K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9693

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 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH LIFE AGENCY Service code 27	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2J2K3D2E2G2F

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.
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

$892

$10 / participant

Contract admin$11212.6%
Other / not subdivided$78087.4%

% of EOY assets

0.022%

all-in expense ratio

Categories reported

1 / 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: MAXWELL, LOCKE & RITTER LLP
Auditor EIN: 742900215
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,075

$76,551-54.2%

$123,894-71.7%

$62,881-44.2%

Participation rate

58.0%

73.0%-15.0pp

81.4%-23.5pp

69.3%-11.4pp

Annual return

8.16%

18.68%-10.5pp

47.52%-39.4pp

20.14%-12.0pp

Employer contribution / active EE

$2,377

$2,882-17.5%

$4,617-48.5%

$2,281+4.2%

Participant deferral / active EE

$4,066

$4,840-16.0%

$5,984-32.1%

$3,203+26.9%

Admin fee / account holder

$4,826-99.8%

$8,357-99.9%

$4,296-99.8%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH LIFE AGENCY

Service code 27

Advisory (Plan)

LATINWORKS MARKETING, LLC 401(K) PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LATINWORKS MARKETING, LLC 401(K) PROFIT SHARING PLAN 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