Retirement plan

THE CEI GROUP 401(K) PROFIT SHARING PLAN

Name: THE CEI GROUP, INC. - THE CEI GROUP 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: THE CEI GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CEI GROUP 401(K) PROFIT SHARING PLAN, THE CEI GROUP, INC.

THE CEI GROUP, INC.EIN 23-2290246Plan #001PY 2019

4850 E. STREET ROAD SUITE 230 - TREVOSE, PA 19053215-485-4669

Prospect flagsHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$13.9M

+20.1% from 2018

Total participants

335

+5.7% from 2018

Average account balance

$43,001

+15.6% from 2018

Annual return

22.18%

+28.12 pp from 2018

Benchmarks

See 1,045 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,045 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-96.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 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
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346	Recordkeeping	$15,220
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 26 · EIN 47-1411118	Advisory (Participants)	$12,385
CARDINAL PENSION GROUP, INC.4+ years Service code 49 P O BOX 5268 · WEST CHESTER, PA 19380	Other Services	$10,568
INDEPENDENT FINANCIAL PARTNERS4+ years Service code 26 · EIN 59-3331424	Advisory (Participants)	$3,914

Plan features & details

Pension benefit codes2E2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$34K

$143 / participant

Investment mgmt$16K47.6%
Contract admin$15K44.5%
Other / not subdivided$3K7.9%

% of EOY assets

0.246%

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: BASSMAN, LAWROW, ADELMAN & WEISS PC
Auditor EIN: 232088272
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,001

$38,365+12.1%

$84,628-49.2%

$65,185-34.0%

Participation rate

95.0%

55.7%+39.3pp

68.2%+26.8pp

70.2%+24.8pp

Annual return

22.18%

32.00%-9.8pp

258.80%-236.6pp

29.38%-7.2pp

Employer contribution / active EE

$1,143

$1,258-9.1%

$2,653-56.9%

$2,177-47.5%

Participant deferral / active EE

$3,682

$2,278+61.6%

$3,900-5.6%

$3,514+4.8%

Admin fee / account holder

$106

$451-76.5%

$4,914-97.8%

$847-87.5%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE CO.

Service code 15 · EIN 01-0233346

Recordkeeping

$15,220

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 26 · EIN 47-1411118

Advisory (Participants)

$12,385

CARDINAL PENSION GROUP, INC.4+ years

Service code 49

P O BOX 5268 · WEST CHESTER, PA 19380

Other Services

$10,568

INDEPENDENT FINANCIAL PARTNERS4+ years

Service code 26 · EIN 59-3331424

Advisory (Participants)

$3,914

THE CEI GROUP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CEI GROUP 401(K) PROFIT SHARING 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