Retirement plan

AMERIQUEST 401(K) PLAN

Name: AMERIQUEST BUSINESS SERVICES - AMERIQUEST 401(K) PLAN (2016) Form 5500
Creator: AMERIQUEST BUSINESS SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERIQUEST 401(K) PLAN, AMERIQUEST BUSINESS SERVICES

AMERIQUEST BUSINESS SERVICESEIN 22-3534008Plan #001PY 2016

457 HADDONFIELD ROAD, SUITE 220 - CHERRY HILL, NJ 08002856-773-0600corcentric.comLinkedIn501-1000 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.9M

+37.3% from 2015

Total participants

298

+19.7% from 2015

Average account balance

$48,908

+14.4% from 2015

Annual return

30.57%

+29.38 pp from 2015

Benchmarks

See 634 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort634 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.86M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

642

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+21.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$117

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
BKD, LLP1 year Filed as: BKD WEALTH ADVISORS, LLC Service code 26 · EIN 44-0160260	Advisory (Participants)	$22,149
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE (USA) Service code 15 · EIN 01-0233346	Recordkeeping	$416

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$31 / participant

Investment mgmt$6K78.5%
Contract admin$4165.1%
Other / not subdivided$1K16.4%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

2 / 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: MUELLER & CO. LLP
Auditor EIN: 362658780
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,908

$39,819+22.8%

$67,834-27.9%

$57,658-15.2%

Participation rate

71.0%

61.2%+9.8pp

68.8%+2.2pp

70.2%+0.8pp

Annual return

30.57%

9.19%+21.4pp

138.47%-107.9pp

5.13%+25.4pp

Employer contribution / active EE

$1,277-100.0%

$2,403-100.0%

$1,974-100.0%

Participant deferral / active EE

$4,710

$2,209+113.2%

$3,160+49.1%

$3,061+53.9%

Admin fee / account holder

$37

$84-55.8%

$4,622-99.2%

$95-60.9%

Provider

Service type

Compensation

BKD, LLP1 year

Filed as: BKD WEALTH ADVISORS, LLC

Service code 26 · EIN 44-0160260

Advisory (Participants)

$22,149

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE (USA)

Service code 15 · EIN 01-0233346

Recordkeeping

$416

AMERIQUEST 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERIQUEST 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