Retirement plan

NETIMPACT STRATEGIES 401(K) PLAN

Name: NETIMPACT STRATEGIES, INC. - NETIMPACT STRATEGIES 401(K) PLAN (2018) Form 5500
Creator: NETIMPACT STRATEGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NETIMPACT STRATEGIES 401(K) PLAN, NETIMPACT STRATEGIES, INC.

NETIMPACT STRATEGIES, INC.EIN 26-4603050Plan #003PY 2018

24917 CASTLETON DR - CHANTILLY, VA 201524381540-454-9950netimpactstrategies.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$5.4M

+23.1% from 2017

Total participants

187

+17.6% from 2017

Average account balance

$28,854

+4.7% from 2017

Annual return

-6.28%

-36.40 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.88M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

420

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.

85.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.54M

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

+23.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$981
JACQUES FINANCIAL LLC1 year Service code 61 15430 AVERY RD · ROCKVILLE, MD 20855	Finders' fees / placement fees	$0

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$981

$7 / participant

Other / not subdivided$981100.0%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

0 / 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: DESAI & SHAH, PC, CPAS
Auditor EIN: 521956951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,854

$73,102-60.5%

$123,553-76.6%

$56,289-48.7%

Participation rate

100.0%

74.3%+25.7pp

82.3%+17.7pp

69.9%+30.1pp

Annual return

-6.28%

3.01%-9.3pp

119.21%-125.5pp

-9.96%+3.7pp

Employer contribution / active EE

$3,883

$2,977+30.4%

$4,628-16.1%

$2,111+83.9%

Participant deferral / active EE

$7,126

$5,423+31.4%

$6,426+10.9%

$3,350+112.7%

Admin fee / account holder

$554-99.1%

$9,284-99.9%

$521-99.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$981

JACQUES FINANCIAL LLC1 year

Service code 61

15430 AVERY RD · ROCKVILLE, MD 20855

Finders' fees / placement fees

NETIMPACT STRATEGIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NETIMPACT STRATEGIES 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