Retirement plan

USC PROFIT SHARING/401(K) RETIREMENT PLAN

Name: USC CONSULTING GROUP, LP - USC PROFIT SHARING/401(K) RETIREMENT PLAN (2018) Form 5500
Creator: USC CONSULTING GROUP, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USC PROFIT SHARING/401(K) RETIREMENT PLAN, USC CONSULTING GROUP, LP

USC CONSULTING GROUP, LPEIN 23-1953580Plan #002PY 2018

3000 BAYPORT DRIVE, SUITE 1010 - TAMPA, FL 336078402813-636-4004usccg.comLinkedIn51-200 employeesmanagement consulting

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$22.5M

-10.4% from 2017

Total participants

139

-7.9% from 2017

Average account balance

$166,944

-13.1% from 2017

Annual return

-5.44%

-19.35 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.18M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$539K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129

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
MERRILL LYNCH PIERCE FENNER & SMITH4+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$19,938
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ MHM Service code 10 · EIN 43-1947695	Accounting	$10,650

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$43K

$576 / participant

Other / not subdivided$43K100.0%

% of EOY assets

0.192%

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: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,944

$77,817+114.5%

$123,553+35.1%

$64,173+160.1%

Participation rate

94.7%

74.7%+20.0pp

82.3%+12.4pp

69.6%+25.1pp

Annual return

-5.44%

12.49%-17.9pp

119.21%-124.6pp

7.63%-13.1pp

Employer contribution / active EE

$2,482

$3,014-17.6%

$4,628-46.4%

$2,381+4.3%

Participant deferral / active EE

$7,195

$5,240+37.3%

$6,426+12.0%

$3,470+107.4%

Admin fee / account holder

$320

$5,519-94.2%

$9,284-96.6%

$4,887-93.5%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH4+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$19,938

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ MHM

Service code 10 · EIN 43-1947695

Accounting

$10,650

USC PROFIT SHARING/401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

USC PROFIT SHARING/401(K) RETIREMENT 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