Retirement plan

MELTWATER NEWS US, INC. 401(K) PLAN

Name: MELTWATER NEWS US, INC. - MELTWATER NEWS US, INC. 401(K) PLAN (2020) Form 5500
Creator: MELTWATER NEWS US, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MELTWATER NEWS US, INC. 401(K) PLAN, MELTWATER NEWS US, INC.

MELTWATER NEWS US, INC.EIN 20-8289528Plan #001PY 2020

255 SHORELINE DR, SUITE 100 - REDWOOD CITY, CA 94065415-848-9186

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$30.9M

No prior year

Total participants

822

No prior year

Average account balance

$42,559

No prior year

Annual return

15.75%

No prior year

Benchmarks

See 523 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort523 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.00M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

858

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.

63.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169

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 2 by compensation

Provider	Service type	Compensation
ABD RETIREMENT SERVICES INC1+ years Service code 55 · EIN 80-0833114	Other Commissions	$48,237
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$16,332

Plan features & details

Pension benefit codes2G2J2T3D3H2F

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$16K

$29 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.053%

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: SENSIBA SAN FILIPPO LLP
Auditor EIN: 942370906
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,559

$78,781-46.0%

$100,528-57.7%

$73,412-42.0%

Participation rate

83.3%

80.0%+3.3pp

79.4%+3.9pp

72.2%+11.1pp

Annual return

15.75%

31.69%-15.9pp

30.90%-15.1pp

59.30%-43.5pp

Employer contribution / active EE

$1,309

$2,420-45.9%

$3,419-61.7%

$2,234-41.4%

Participant deferral / active EE

$7,759

$6,537+18.7%

$6,271+23.7%

$3,806+103.9%

Admin fee / account holder

$22

$145-84.5%

$8,084-99.7%

$158-85.8%

Provider

Service type

Compensation

ABD RETIREMENT SERVICES INC1+ years

Service code 55 · EIN 80-0833114

Other Commissions

$48,237

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$16,332

MELTWATER NEWS US, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MELTWATER NEWS US, 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