Retirement plan

FINAL RESULTS, INC. 401(K) PROFIT SHARING PLAN

Name: FINAL RESULTS, INC. - FINAL RESULTS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: FINAL RESULTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FINAL RESULTS, INC. 401(K) PROFIT SHARING PLAN, FINAL RESULTS, INC.

FINAL RESULTS, INC.EIN 23-2563074Plan #001PY 2016

1100 GROSSER RD. - GILBERTSVILLE, PA 19525610-367-6611finalresultsfitness.comLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.1M

+4.9% from 2015

Total participants

-4.4% from 2015

Average account balance

$53,422

-0.1% from 2015

Annual return

9.24%

+15.96 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

41.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$95

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

+7.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3751

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$97K

$2414 / participant

Other / not subdivided$97K100.0%

% of EOY assets

8.608%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,422

$48,078+11.1%

$78,676-32.1%

$62,881-15.0%

Participation rate

45.0%

65.2%-20.2pp

73.6%-28.6pp

69.3%-24.3pp

Annual return

9.24%

31.36%-22.1pp

62.19%-52.9pp

20.14%-10.9pp

Employer contribution / active EE

$231

$2,015-88.5%

$2,850-91.9%

$2,281-89.9%

Participant deferral / active EE

$768

$2,587-70.3%

$3,517-78.2%

$3,203-76.0%

Admin fee / account holder

$4,599

$3,206+43.4%

$4,510+2.0%

$4,296+7.1%

FINAL RESULTS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FINAL RESULTS, INC. 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