Retirement plan

REMOTE DBA EXPERTS, LLC 401(K)/PROFIT SHARING PLAN

Name: REMOTE DBA EXPERTS, LLC - REMOTE DBA EXPERTS, LLC 401(K)/PROFIT SHARING PLAN (2017) Form 5500
Creator: REMOTE DBA EXPERTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REMOTE DBA EXPERTS, LLC 401(K)/PROFIT SHARING PLAN, REMOTE DBA EXPERTS, LLC

REMOTE DBA EXPERTS, LLCEIN 27-0371488Plan #001PY 2017

2000 ERICSSON DRIVE, SUITE 102 - WARRENDALE, PA 15086412-697-1224navisite.comLinkedIn1001-5000 employeesinformation technology and services

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$6.2M

+27.9% from 2016

Total participants

345

+14.6% from 2016

Average account balance

$31,004

+40.7% from 2016

Annual return

16.84%

+6.85 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 6 by compensation

Provider	Service type	Compensation
FIRST NATIONAL TRUST COMPANY3+ years Service code 21 1 FNB BLVD · HERMITAGE, PA 16148	Bank Trustee	$11,402
DUNBAR, BENDER & ZAPF, INC.2+ years Filed as: DUNBAR, BENDER & ZAPF, INC Service code 13 · EIN 25-1650062	Contract Administrator	$6,730
GROSSMAN YANAK & FORD LLP1 year Service code 28 THREE GATEWAY CENTER · PITTSBURGH, PA 15222	Investment Management	$5,041
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081	Recordkeeping	$4,422
CARNEGIE INVESTMENT COUNSEL1 year Filed as: CARNEGIE Service code 27 · EIN 26-4766975	Advisory (Plan)	$3,913
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708	Recordkeeping Fees	$2,870

Plan features & details

Pension benefit codes2E2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$34K

$108 / participant

Contract admin$32K91.7%
Other / not subdivided$3K8.3%

% of EOY assets

0.556%

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: GROSSMAN YANAK & FORD, LLP
Auditor EIN: 251638525
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,004

$155,795-80.1%

$136,297-77.3%

$69,631-55.5%

Participation rate

54.5%

75.2%-20.7pp

81.9%-27.4pp

70.7%-16.1pp

Annual return

16.84%

232464.33%-232447.5pp

5156.16%-5139.3pp

27571.02%-27554.2pp

Employer contribution / active EE

$1,150

$2,991-61.5%

$4,696-75.5%

$2,032-43.4%

Participant deferral / active EE

$1,994

$5,394-63.0%

$6,247-68.1%

$3,224-38.1%

Admin fee / account holder

$172

$128+34.5%

$9,244-98.1%

$110+56.1%

Provider

Service type

Compensation

FIRST NATIONAL TRUST COMPANY3+ years

Service code 21

1 FNB BLVD · HERMITAGE, PA 16148

Bank Trustee

$11,402

DUNBAR, BENDER & ZAPF, INC.2+ years

Filed as: DUNBAR, BENDER & ZAPF, INC

Service code 13 · EIN 25-1650062

Contract Administrator

$6,730

GROSSMAN YANAK & FORD LLP1 year

Service code 28

THREE GATEWAY CENTER · PITTSBURGH, PA 15222

Investment Management

$5,041

ALERUS FINANCIAL, N.A.3+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$4,422

CARNEGIE INVESTMENT COUNSEL1 year

Filed as: CARNEGIE

Service code 27 · EIN 26-4766975

Advisory (Plan)

$3,913

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$2,870

REMOTE DBA EXPERTS, LLC 401(K)/PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REMOTE DBA EXPERTS, LLC 401(K)/PROFIT SHARING 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