Retirement plan

FASTBLUE COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN

Name: FASTBLUE COMMUNICATIONS, INC. - FASTBLUE COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: FASTBLUE COMMUNICATIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FASTBLUE COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN, FASTBLUE COMMUNICATIONS, INC.

FASTBLUE COMMUNICATIONS, INC.EIN 20-5499187Plan #003PY 2017

800 SOUTH EL CAMINO REAL, SUITE 203 - SAN CLEMENTE, CA 92672949-943-2524fastblue.comLinkedIn11-50 employeestelecommunications

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$167K

No prior year

Total participants

No prior year

Average account balance

$9,289

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 8,045 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,045 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.59M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$527K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+10.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1457

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$348

$19 / participant

Other / not subdivided$348100.0%

% of EOY assets

0.208%

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

$9,289

$105,856-91.2%

$90,161-89.7%

$147,586-93.7%

Participation rate

100.0%

79.7%+20.3pp

76.9%+23.1pp

82.8%+17.2pp

Annual return

0.00%

37.63%-37.6pp

34.89%-34.9pp

578.59%-578.6pp

Employer contribution / active EE

$2,241

$4,126-45.7%

$3,318-32.5%

$4,876-54.0%

Participant deferral / active EE

$6,935

$5,733+21.0%

$5,287+31.2%

$5,439+27.5%

Admin fee / account holder

$19

$8,046-99.8%

$5,943-99.7%

$10,886-99.8%

FASTBLUE COMMUNICATIONS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FASTBLUE COMMUNICATIONS, INC. 401(K) PROFIT SHARING 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