Retirement plan

NATIONAL EMPLOYEE MANAGEMENT RESOURCES RETIREMENT SAVINGS PLAN

Name: NATIONAL EMPLOYEE MGMT RESOURCES LLC - NATIONAL EMPLOYEE MANAGEMENT RESOURCES RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: NATIONAL EMPLOYEE MGMT RESOURCES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL EMPLOYEE MANAGEMENT RESOURCES RETIREMENT SAVINGS PLAN, NATIONAL EMPLOYEE MGMT RESOURCES LLC

NATIONAL EMPLOYEE MGMT RESOURCES LLCEIN 22-3642079Plan #001PY 2016

4-A EVES DR, SUITE 108 - MARLTON, NJ 08053856-642-9500simplifyinghr.comLinkedIn201-500 employees

Prospect flagsLow returnsLow participationLow employer contributionLow participant contributionLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$7.2M

-5.7% from 2015

Total participants

463

+4.3% from 2015

Average account balance

$35,360

+4.0% from 2015

Annual return

-11.96%

-29.80 pp from 2015

Benchmarks

See 236 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants250-999

Cohort236 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.65M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

396

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.

49.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+24.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$432

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

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Service providers

Top 9 by compensation

Provider	Service type	Compensation
CONTINENTAL BENEFITS GROUP, INC.2+ years Service code 13 · EIN 01-0724493	Contract Administrator	$20,197
SECURITIES AMERICA INC2+ years Filed as: SECURITIES SERVICE NETWORK, INC. Service code 49	Other Services	$17,654
SECURITY NATIONAL BANK2+ years Filed as: SECURITY SERVICES NETWORK Service code 55	Other Commissions	$16,126
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$15,650
CONTINENTAL BENEFITS GROUP, INC.2+ years Filed as: CONTINENTAL BENEFITS GROUP INC Service code 13	Contract Administrator	$10,111
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 99 · EIN 62-1152936	Other Fees	$227
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907	Recordkeeping Fees	$50
SECURITIES AMERICA INC1 year Filed as: SECURITIES SERVICE NETWORK INC Service code 55 · EIN 62-1152936	Other Commissions	$0
SECURITUES NETWORK, INC.1 year Service code 49 · EIN 62-1152936	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$39 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.231%

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: JASON F. CLAUSEN, PC
Auditor EIN: 274097479
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,360

$65,820-46.3%

$108,745-67.5%

$57,658-38.7%

Participation rate

39.3%

72.7%-33.4pp

77.7%-38.3pp

70.2%-30.9pp

Annual return

-11.96%

21.32%-33.3pp

46.22%-58.2pp

5.13%-17.1pp

Employer contribution / active EE

$200

$2,285-91.2%

$3,323-94.0%

$1,974-89.8%

Participant deferral / active EE

$1,285

$3,578-64.1%

$5,121-74.9%

$3,061-58.0%

Admin fee / account holder

$82

$91-10.3%

$6,144-98.7%

$95-13.6%

Provider

Service type

Compensation

CONTINENTAL BENEFITS GROUP, INC.2+ years

Service code 13 · EIN 01-0724493

Contract Administrator

$20,197

SECURITIES AMERICA INC2+ years

Filed as: SECURITIES SERVICE NETWORK, INC.

Service code 49

Other Services

$17,654

SECURITY NATIONAL BANK2+ years

Filed as: SECURITY SERVICES NETWORK

Service code 55

Other Commissions

$16,126

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$15,650

CONTINENTAL BENEFITS GROUP, INC.2+ years

Filed as: CONTINENTAL BENEFITS GROUP INC

Service code 13

Contract Administrator

$10,111

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 99 · EIN 62-1152936

Other Fees

$227

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$50

SECURITIES AMERICA INC1 year

Filed as: SECURITIES SERVICE NETWORK INC

Service code 55 · EIN 62-1152936

Other Commissions

SECURITUES NETWORK, INC.1 year

Service code 49 · EIN 62-1152936

Other Services

NATIONAL EMPLOYEE MANAGEMENT RESOURCES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL EMPLOYEE MANAGEMENT RESOURCES RETIREMENT SAVINGS 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