Retirement plan

CLOUDWAVE 401(K) RETIREMENT PLAN

Name: PARK PLACE INTERNATIONAL - CLOUDWAVE 401(K) RETIREMENT PLAN (2018) Form 5500
Creator: PARK PLACE INTERNATIONAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLOUDWAVE 401(K) RETIREMENT PLAN, PARK PLACE INTERNATIONAL

PARK PLACE INTERNATIONALEIN 27-1322377Plan #001PY 2018

100 CROWLEY DRIVE - MARLBOROUGH, MA 01752877-991-1991

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.5M

+7.9% from 2017

Total participants

160

+8.8% from 2017

Average account balance

$84,697

+0.7% from 2017

Annual return

-1.53%

-18.02 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

$28.70M

Not enough data

1 years with asset history on file

Average account balance

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

$174K

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.

165

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+18.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$492

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 · EIN 84-0467909	Recordkeeping Fees	$59,645
CAMBRIDGE INVESTMENT RESEARCH2 years Service code 27 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556	Advisory (Plan)	$33,811
AEGIS RETIREMENT PARTNERS1 year Filed as: AEGIS RETIREMENT PARTNERS, LLC Service code 13	Contract Administrator	$5,636
AEGIS RETIREMENT PARTNERS1 year Filed as: AEGIS RETIREMENT PARTNERS,LLC Service code 13 86 BAKER AVENUE EXTENSION · CAMBRIDGE, MA 01742	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

$59K

$466 / participant

Contract admin$59K100.0%

% of EOY assets

0.514%

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: GRAY GRAY AND GRAY
Auditor EIN: 042088368
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,697

$73,102+15.9%

$123,549-31.4%

$56,287+50.5%

Participation rate

81.1%

74.3%+6.8pp

82.3%-1.2pp

69.9%+11.2pp

Annual return

-1.53%

3.01%-4.5pp

119.20%-120.7pp

-9.96%+8.4pp

Employer contribution / active EE

$2,593

$2,977-12.9%

$4,628-44.0%

$2,111+22.8%

Participant deferral / active EE

$8,290

$5,423+52.9%

$6,426+29.0%

$3,350+147.5%

Admin fee / account holder

$435

$554-21.4%

$9,284-95.3%

$521-16.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64 · EIN 84-0467909

Recordkeeping Fees

$59,645

CAMBRIDGE INVESTMENT RESEARCH2 years

Service code 27

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556

Advisory (Plan)

$33,811

AEGIS RETIREMENT PARTNERS1 year

Filed as: AEGIS RETIREMENT PARTNERS, LLC

Service code 13

Contract Administrator

$5,636

AEGIS RETIREMENT PARTNERS1 year

Filed as: AEGIS RETIREMENT PARTNERS,LLC

Service code 13

86 BAKER AVENUE EXTENSION · CAMBRIDGE, MA 01742

Contract Administrator

CLOUDWAVE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLOUDWAVE 401(K) RETIREMENT 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