Retirement plan

EMPLOYEE BENEFITS LEASING, INC. 401(K) PLAN

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

EMPLOYEE BENEFITS LEASING, INC.EIN 27-0016253Plan #001PY 2016

1411 WEST 1250 SOUTH, SUITE 220 - OREM, UT 84058801-374-6085

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed April 26, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$1.8M

No prior year

Total participants

135

No prior year

Average account balance

$23,120

No prior year

Annual return

9.65%

No prior year

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$10.11M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

189

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.

52.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$199

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,816
IFP ADVISORS INC DBA INDEPENDENT FI1+ years Service code 27 3030 N ROCKY POINT DR W, SUITE 700 · TAMPA, FL 33607	Advisory (Plan)	$6,948
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC Service code 55 PO BOX 509026 · SAN DIEGO, CA 921509026	Other Commissions	$1,093
RESOURCES INVESTMENT ADVISORS LLC1+ years Filed as: RESOURCES INVESTMENT ADVISORS DBA B Service code 99 4860 COLLEGE BLVD SUITE 100 · OVERLAND PARK, KS 66211	Other Fees	$1,088
PENSIONS PLUS, INC.2+ years Service code 13 P.O. BOX 71427 · SALT LAKE CITY, UT 841710427	Contract Administrator	$707

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$128 / participant

Investment mgmt$14K98.3%
Contract admin$2501.7%

% of EOY assets

0.775%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WSRP, LLC
Auditor EIN: 870517754
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,120

$52,884-56.3%

$84,750-72.7%

$55,167-58.1%

Participation rate

50.9%

67.5%-16.6pp

76.6%-25.7pp

69.0%-18.1pp

Annual return

9.65%

18.03%-8.4pp

22.78%-13.1pp

169.23%-159.6pp

Employer contribution / active EE

$1,468

$2,233-34.3%

$3,574-58.9%

$1,963-25.2%

Participant deferral / active EE

$2,369

$2,644-10.4%

$3,712-36.2%

$3,054-22.4%

Admin fee / account holder

$179

$581-69.2%

$5,332-96.6%

$504-64.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,816

IFP ADVISORS INC DBA INDEPENDENT FI1+ years

Service code 27

3030 N ROCKY POINT DR W, SUITE 700 · TAMPA, FL 33607

Advisory (Plan)

$6,948

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL LLC

Service code 55

PO BOX 509026 · SAN DIEGO, CA 921509026

Other Commissions

$1,093

RESOURCES INVESTMENT ADVISORS LLC1+ years

Filed as: RESOURCES INVESTMENT ADVISORS DBA B

Service code 99

4860 COLLEGE BLVD SUITE 100 · OVERLAND PARK, KS 66211

Other Fees

$1,088

PENSIONS PLUS, INC.2+ years

Service code 13

P.O. BOX 71427 · SALT LAKE CITY, UT 841710427

Contract Administrator

$707

EMPLOYEE BENEFITS LEASING, INC. 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFITS LEASING, INC. 401(K) PLAN

Top hat statement on fileNQDC

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