Retirement plan

ACCOLADE MANAGEMENT SERVICES LLC 401(K) PLAN

Name: ACCOLADE MANAGEMENT SERVICES, LLC - ACCOLADE MANAGEMENT SERVICES LLC 401(K) PLAN (2020) Form 5500
Creator: ACCOLADE MANAGEMENT SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCOLADE MANAGEMENT SERVICES LLC 401(K) PLAN, ACCOLADE MANAGEMENT SERVICES, LLC

ACCOLADE MANAGEMENT SERVICES, LLCdba ACCOLADE MANAGEMENT SERVICES, LLCEIN 26-3778488Plan #001PY 2020

610 FREEDOM DRIVE, SUITE 110 - KING OF PRUSSIA, PA 19406610-992-0009accolademgt.comLinkedIn1-10 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$918K

+22.1% from 2019

Total participants

-6.3% from 2019

Average account balance

$70,599

+12.7% from 2019

Annual return

14.92%

-4.67 pp from 2019

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+8.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$487

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 codes2E2F2J3D

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).
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

1 tripped

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

$19K

$2083 / participant

Other / not subdivided$19K100.0%

% of EOY assets

2.043%

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

$70,599

$100,911-30.0%

$90,440-21.9%

$158,966-55.6%

Participation rate

77.8%

75.0%+2.7pp

72.7%+5.1pp

82.0%-4.2pp

Annual return

14.92%

1726.62%-1711.7pp

1294.38%-1279.5pp

302.95%-288.0pp

Employer contribution / active EE

$2,482

$3,690-32.7%

$3,263-23.9%

$4,762-47.9%

Participant deferral / active EE

$5,205

$4,348+19.7%

$3,964+31.3%

$5,983-13.0%

Admin fee / account holder

$1,442

$6,507-77.8%

$5,615-74.3%

$11,250-87.2%

ACCOLADE MANAGEMENT SERVICES LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCOLADE MANAGEMENT SERVICES LLC 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