Retirement plan

GLASSDOOR, INC. 401(K) PLAN

Name: GLASSDOOR, INC. - GLASSDOOR, INC. 401(K) PLAN (2017) Form 5500
Creator: GLASSDOOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLASSDOOR, INC. 401(K) PLAN, GLASSDOOR, INC.

GLASSDOOR, INC.EIN 26-0338445Plan #001PY 2017

100 SHORELINE HWY - MILL VALLEY, CA 94941415-339-9105glassdoor.comLinkedIn501-1000 employeesinternet

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$18.6M

+59.6% from 2016

Total participants

832

+14.1% from 2016

Average account balance

$25,537

+27.0% from 2016

Annual return

33.53%

+5.32 pp from 2016

Benchmarks

See 512 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort512 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$113.48M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

1,104

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.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+19.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
MILLER KAPLAN ARASE LLP3+ years Service code 10 · EIN 95-2036255	Accounting	$2,380
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$700

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2G2J2S2T3D2F

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$8 / participant

Investment mgmt$2K41.9%
Other / not subdivided$3K58.1%

% of EOY assets

0.028%

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: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,537

$65,592-61.1%

$90,161-71.7%

$69,631-63.3%

Participation rate

85.1%

77.6%+7.4pp

76.9%+8.2pp

70.7%+14.4pp

Annual return

33.53%

57.10%-23.6pp

34.89%-1.4pp

27571.02%-27537.5pp

Employer contribution / active EE

$72

$2,193-96.7%

$3,318-97.8%

$2,032-96.4%

Participant deferral / active EE

$7,294

$5,257+38.8%

$5,287+38.0%

$3,224+126.3%

Admin fee / account holder

$86-91.5%

$5,943-99.9%

$110-93.4%

Provider

Service type

Compensation

MILLER KAPLAN ARASE LLP3+ years

Service code 10 · EIN 95-2036255

Accounting

$2,380

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$700

GLASSDOOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLASSDOOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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