Retirement plan

BAMBOO HR LLC 401K PLAN

Name: BAMBOO HR LLC - BAMBOO HR LLC 401K PLAN (2016) Form 5500
Creator: BAMBOO HR LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAMBOO HR LLC 401K PLAN, BAMBOO HR LLC

BAMBOO HR LLCEIN 26-3008157Plan #001PY 2016

335 SOUTH 560 WEST - LINDON, UT 84042801-724-6600

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$2M

+193.7% from 2015

Total participants

291

+52.4% from 2015

Average account balance

$7,339

+74.4% from 2015

Annual return

17.22%

+7.82 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

$93.23M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

1,867

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+21.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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
EPLAN ADVISORS, LLC1 year Service code 15 4300 KITTREDGE STREET, SUITE 100 · DENVER, CO 80239	Recordkeeping	$5,189
CALIBER WEALTH MANAGEMENT LLC1 year Filed as: CALIBER WEALTH MANAGEMENT Service code 26 1436 EAST 820 NORTH · OREM, UT 84097	Advisory (Participants)	$5,075

Plan features & details

Pension benefit codes2E2F2G2J2S2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$10K

$43 / participant

Investment mgmt$10K100.0%

% of EOY assets

0.526%

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: TANNER LLC
Auditor EIN: 202253063
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,339

$75,183-90.2%

$123,894-94.1%

$55,167-86.7%

Participation rate

89.6%

72.8%+16.8pp

81.4%+8.2pp

69.0%+20.6pp

Annual return

17.22%

19.01%-1.8pp

47.52%-30.3pp

169.23%-152.0pp

Employer contribution / active EE

$2,419

$2,823-14.3%

$4,617-47.6%

$1,963+23.3%

Participant deferral / active EE

$2,522

$5,084-50.4%

$5,984-57.9%

$3,054-17.4%

Admin fee / account holder

$39

$663-94.2%

$8,357-99.5%

$504-92.3%

Provider

Service type

Compensation

EPLAN ADVISORS, LLC1 year

Service code 15

4300 KITTREDGE STREET, SUITE 100 · DENVER, CO 80239

Recordkeeping

$5,189

CALIBER WEALTH MANAGEMENT LLC1 year

Filed as: CALIBER WEALTH MANAGEMENT

Service code 26

1436 EAST 820 NORTH · OREM, UT 84097

Advisory (Participants)

$5,075

BAMBOO HR LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAMBOO HR LLC 401K 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