Retirement plan

ALCHEMER 401(K) PLAN

Name: ALCHEMER LLC - ALCHEMER 401(K) PLAN (2021) Form 5500
Creator: ALCHEMER LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALCHEMER 401(K) PLAN, ALCHEMER LLC

ALCHEMER LLCEIN 20-5463887Plan #001PY 2021

168 CENTENNIAL PARKWAY, UNIT #250 - LOUISVILLE, CO 80027720-496-2990alchemer.comLinkedIn201-500 employeescomputer software

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.8M

+42.7% from 2020

Total participants

250

+31.6% from 2020

Average account balance

$34,913

+6.1% from 2020

Annual return

25.64%

-2.28 pp from 2020

Benchmarks

See 966 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort966 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.05M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

293

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.

80.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+22.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76

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 3 by compensation

Provider	Service type	Compensation
EDWARD JONES4 years Service code 17 12555 MANCHESTER RD · ST LOUIS, MO 63131	Pension Consulting	$20,990
DIGITAL RETIREMENT SOLUTIONS, INC.4 years Service code 12 · EIN 84-1477138	Participant communication; Recordkeep...	$1,550
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS Service code 12 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Claims processing; Shareholder servic...	$835

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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

$23K

$171 / participant

Investment mgmt$21K89.8%
Contract admin$2K6.6%
Other / not subdivided$8353.6%

% of EOY assets

0.302%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,913

$73,638-52.6%

$108,410-67.8%

$79,393-56.0%

Participation rate

79.6%

77.4%+2.2pp

80.1%-0.6pp

70.7%+8.9pp

Annual return

25.64%

33.27%-7.6pp

905.34%-879.7pp

116.87%-91.2pp

Employer contribution / active EE

$5,352

$2,397+123.3%

$3,558+50.4%

$2,428+120.5%

Participant deferral / active EE

$7,552

$6,218+21.4%

$6,562+15.1%

$4,046+86.7%

Admin fee / account holder

$105

$638-83.5%

$7,296-98.6%

$627-83.2%

Provider

Service type

Compensation

EDWARD JONES4 years

Service code 17

12555 MANCHESTER RD · ST LOUIS, MO 63131

Pension Consulting

$20,990

DIGITAL RETIREMENT SOLUTIONS, INC.4 years

Service code 12 · EIN 84-1477138

Participant communication; Recordkeep...

$1,550

AMERICAN FUNDS3 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS

Service code 12

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Claims processing; Shareholder servic...

$835

ALCHEMER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALCHEMER 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