Retirement plan

ACTIONAIDS, INC. 403B RETIREMENT PLAN

Name: ACTIONAIDS, INC. DBA ACTION WELLNESS - ACTIONAIDS, INC. 403B RETIREMENT PLAN (2018) Form 5500
Creator: ACTIONAIDS, INC. DBA ACTION WELLNESS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACTIONAIDS, INC. 403B RETIREMENT PLAN, ACTIONAIDS, INC. DBA ACTION WELLNESS

ACTIONAIDS, INC. DBA ACTION WELLNESSEIN 23-2446355Plan #001PY 2018

1216 ARCH ST FL 6 - PHILADELPHIA, PA 191072835215-981-0088

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.9M

+20.3% from 2017

Total participants

147

+0.7% from 2017

Average account balance

$22,893

+22.2% from 2017

Annual return

8.08%

-3.12 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.68M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

117

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.

76.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$249K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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
NATIONWIDE3+ years Service code 18 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Custodial (other than securities); Ac...	$39,389
UNITED RETIREMENT INC3+ years Filed as: UNITED RETIREMENT, INC. Service code 13 · EIN 25-1759623 4000 CRUMS MILL ROAD · HARRISBURG, PA 17112	Contract Administrator	$3,904
LPL FINANCIAL3+ years Filed as: LPL FINANCIAL, LLC Service code 52 4707 EXECUTIVE DR. · SAN DIEGO, CA 92121	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MML INVESTORS SERVICES Service code 28 1295 STATE STREET #C225 · SPRINGFIELD, MA 011118089	Investment Management	$0

Plan features & details

Pension benefit codes2L2E2G2J2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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: BBD, LLP
Auditor EIN: 232896692
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,893

$44,873-49.0%

$79,467-71.2%

$56,289-59.3%

Participation rate

79.8%

68.7%+11.1pp

73.3%+6.5pp

69.9%+10.0pp

Annual return

8.08%

0.81%+7.3pp

718.30%-710.2pp

-9.96%+18.0pp

Employer contribution / active EE

$854

$2,140-60.1%

$2,800-69.5%

$2,111-59.5%

Participant deferral / active EE

$2,386

$2,746-13.1%

$3,704-35.6%

$3,350-28.8%

Admin fee / account holder

$418-100.0%

$5,104-100.0%

$521-100.0%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 18 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Custodial (other than securities); Ac...

$39,389

UNITED RETIREMENT INC3+ years

Filed as: UNITED RETIREMENT, INC.

Service code 13 · EIN 25-1759623

4000 CRUMS MILL ROAD · HARRISBURG, PA 17112

Contract Administrator

$3,904

LPL FINANCIAL3+ years

Filed as: LPL FINANCIAL, LLC

Service code 52

4707 EXECUTIVE DR. · SAN DIEGO, CA 92121

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MML INVESTORS SERVICES

Service code 28

1295 STATE STREET #C225 · SPRINGFIELD, MA 011118089

Investment Management

ACTIONAIDS, INC. 403B RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ACTIONAIDS, INC. 403B RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion