Retirement plan

ALPHA CONSULTING CORP. 401K PROFIT SHARING PLAN & TRUST

Name: ALPHA CONSULTING CORP - ALPHA CONSULTING CORP. 401K PROFIT SHARING PLAN & TRUST (2019) Form 5500
Creator: ALPHA CONSULTING CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALPHA CONSULTING CORP. 401K PROFIT SHARING PLAN & TRUST, ALPHA CONSULTING CORP

ALPHA CONSULTING CORPEIN 22-3312656Plan #001PY 2019

620 CRANBURY ROAD - EAST BRUNSWICK, NJ 08816732-257-3003alphaconsulting.comLinkedIn201-500 employeesstaffing and recruiting

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$9.7M

+15.0% from 2018

Total participants

977

+13.1% from 2018

Average account balance

$10,671

+1.8% from 2018

Annual return

19.70%

+25.95 pp from 2018

Benchmarks

See 689 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort689 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.89M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

291

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$629K

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

-8.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$250

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 4 by compensation

Provider	Service type	Compensation
GREENLEAF TRUST4 years Filed as: GREENLEAF ADVISORS LLC Service code 15 · EIN 47-1303673	Recordkeeping	$36,314
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$21,351
WITHUMSMITH+BROWN, PC2 years Filed as: WITHUMSMITHBROWN, PC Service code 15 · EIN 22-2027092	Recordkeeping	$8,997
ADP BROKER-DEALER5+ years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$67K

$234 / participant

Other / not subdivided$67K100.0%

% of EOY assets

0.686%

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: WITHUM, SMITH & BROWN
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,671

$40,522-73.7%

$84,637-87.4%

$67,582-84.2%

Participation rate

76.5%

51.1%+25.4pp

68.2%+8.3pp

71.3%+5.2pp

Annual return

19.70%

32.72%-13.0pp

258.82%-239.1pp

378.57%-358.9pp

Employer contribution / active EE

$1,146-100.0%

$2,653-100.0%

$2,148-100.0%

Participant deferral / active EE

$5,472

$2,132+156.7%

$3,900+40.3%

$3,539+54.6%

Admin fee / account holder

$73

$145-49.6%

$4,914-98.5%

$142-48.5%

Provider

Service type

Compensation

GREENLEAF TRUST4 years

Filed as: GREENLEAF ADVISORS LLC

Service code 15 · EIN 47-1303673

Recordkeeping

$36,314

ADP BROKER-DEALER5+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$21,351

WITHUMSMITH+BROWN, PC2 years

Filed as: WITHUMSMITHBROWN, PC

Service code 15 · EIN 22-2027092

Recordkeeping

$8,997

ADP BROKER-DEALER5+ years

Service code 49 · EIN 22-3319984

Other Services

ALPHA CONSULTING CORP. 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALPHA CONSULTING CORP. 401K 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