Retirement plan

ACTUALIZED BUSINESS SOLUTIONS, INC. 401(K) P/S PLAN

Name: ACTUALIZED BUSINESS SOLUTIONS, INC. - ACTUALIZED BUSINESS SOLUTIONS, INC. 401(K) P/S PLAN (2018) Form 5500
Creator: ACTUALIZED BUSINESS SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACTUALIZED BUSINESS SOLUTIONS, INC. 401(K) P/S PLAN, ACTUALIZED BUSINESS SOLUTIONS, INC.

ACTUALIZED BUSINESS SOLUTIONS, INC.EIN 27-0626569Plan #001PY 2018

23680 THREE NOTCH RD SUITE 201B - HOLLYWOOD, MD 20636800-905-6724

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$73K

No prior year

Total participants

+433.3% from 2017

Average account balance

$9,117

No prior year

Annual return

0.00%

0.00 pp from 2017

Benchmarks

See 116,760 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,760 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.82M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

66.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$503K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+32.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15427

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 codes2E2F2G2J3D

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

Expense breakdown

Schedule H Part II

Admin total

$919

$61 / participant

Other / not subdivided$919100.0%

% of EOY assets

1.260%

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

$9,117

$138,072-93.4%

$123,549-92.6%

$135,382-93.3%

Participation rate

46.7%

84.7%-38.1pp

82.3%-35.6pp

82.6%-36.0pp

Annual return

0.00%

153.69%-153.7pp

119.20%-119.2pp

519.77%-519.8pp

Employer contribution / active EE

$1,703

$5,152-66.9%

$4,628-63.2%

$4,779-64.4%

Participant deferral / active EE

$3,675

$6,799-45.9%

$6,426-42.8%

$5,609-34.5%

Admin fee / account holder

$115

$10,917-98.9%

$9,284-98.8%

$10,829-98.9%

ACTUALIZED BUSINESS SOLUTIONS, INC. 401(K) P/S PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACTUALIZED BUSINESS SOLUTIONS, INC. 401(K) P/S 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