Retirement plan

EXTREME REACH INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: EXTREME REACH, INC. - EXTREME REACH INC. 401(K) PROFIT SHARING PLAN & TRUST (2015) Form 5500
Creator: EXTREME REACH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXTREME REACH INC. 401(K) PROFIT SHARING PLAN & TRUST, EXTREME REACH, INC.

EXTREME REACH, INC.EIN 26-0295932Plan #001PY 2015

75 2ND AVE, STE. 720 - NEEDHAM HEIGHTS, MA 02494781-577-2016

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.6M

No prior year

Total participants

569

No prior year

Average account balance

No prior year

Annual return

8.75%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$85.04M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

773

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.

88.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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
FREEDOM ONE RETIREMENT SERVICES LLC1+ years Service code 17 8031 M-15 · CLARKSTON, MI 48348	Pension Consulting	$45,247
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 26 8031 M15 · CLARKSTON, MI 48348	Advisory (Participants)	$9,785

Plan features & details

Pension benefit codes2E2F2G2K2T3D

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.
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.
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.
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

$60K

$106 / participant

Contract admin$60K100.0%

% of EOY assets

0.479%

all-in expense ratio

Categories reported

1 / 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: STOWE & DEGON LLC
Auditor EIN: 043379904
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,324-100.0%

$115,037-100.0%

$55,191-100.0%

Participation rate

0.0%

72.5%-72.5pp

81.4%-81.4pp

69.2%-69.2pp

Annual return

8.75%

6.30%+2.5pp

26.14%-17.4pp

10.78%-2.0pp

Employer contribution / active EE

$2,077

$2,805-26.0%

$4,608-54.9%

$1,899+9.4%

Participant deferral / active EE

$4,227

$5,042-16.2%

$6,026-29.9%

$3,046+38.8%

Admin fee / account holder

$105-100.0%

$8,175-100.0%

$91-100.0%

Provider

Service type

Compensation

FREEDOM ONE RETIREMENT SERVICES LLC1+ years

Service code 17

8031 M-15 · CLARKSTON, MI 48348

Pension Consulting

$45,247

CAPFINANCIAL PARTNERS LLC1+ years

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 26

8031 M15 · CLARKSTON, MI 48348

Advisory (Participants)

$9,785

EXTREME REACH INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXTREME REACH INC. 401(K) PROFIT SHARING PLAN & TRUST

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