Retirement plan

ZANTECH IT SERVICES, INC. 401(K) PLAN

Name: ZANTECH IT SERVICES, INC. - ZANTECH IT SERVICES, INC. 401(K) PLAN (2016) Form 5500
Creator: ZANTECH IT SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZANTECH IT SERVICES, INC. 401(K) PLAN, ZANTECH IT SERVICES, INC.

ZANTECH IT SERVICES, INC.EIN 26-1586127Plan #001PY 2016

8300 BOONE BLVD, SUITE 300 - TYSONS CORNER, VA 22182703-286-1393

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$3.5M

+28.4% from 2015

Total participants

153

+10.9% from 2015

Average account balance

$28,386

+23.1% from 2015

Annual return

11.86%

+6.50 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.93M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

61.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$794K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6716

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 1 by compensation

Provider	Service type	Compensation
EPLAN ADVISORS, LLC1 year Service code 17 · EIN 84-1543746	Pension Consulting	$13,261

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$17K

$152 / participant

Investment mgmt$13K76.0%
Contract admin$4K24.0%

% of EOY assets

0.504%

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: REGAN SCHICKNER SHAH HARPER LLC
Auditor EIN: 462374336
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,386

$75,183-62.2%

$123,894-77.1%

$55,167-48.5%

Participation rate

73.0%

72.8%+0.2pp

81.4%-8.4pp

69.0%+4.1pp

Annual return

11.86%

19.01%-7.2pp

47.52%-35.7pp

169.23%-157.4pp

Employer contribution / active EE

$2,987

$2,823+5.8%

$4,617-35.3%

$1,963+52.2%

Participant deferral / active EE

$6,393

$5,084+25.7%

$5,984+6.8%

$3,054+109.3%

Admin fee / account holder

$143

$663-78.4%

$8,357-98.3%

$504-71.6%

Provider

Service type

Compensation

EPLAN ADVISORS, LLC1 year

Service code 17 · EIN 84-1543746

Pension Consulting

$13,261

ZANTECH IT SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZANTECH IT SERVICES, INC. 401(K) 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