Retirement plan

ALLIED UNIVERSAL 401(K) PLAN

Name: UNIVERSAL SERVICES OF AMERICA - ALLIED UNIVERSAL 401(K) PLAN (2019) Form 5500
Creator: UNIVERSAL SERVICES OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIED UNIVERSAL 401(K) PLAN, UNIVERSAL SERVICES OF AMERICA

UNIVERSAL SERVICES OF AMERICAEIN 27-1562945Plan #001PY 2019

1551 N. TUSTIN AVE., SUITE 650 - SANTA ANA, CA 92705714-619-9700universalpro.comLinkedIn10001+ employeessecurity and investigations

Other plans on this EIN

1 filing

#002Retirement-$2.9M assets

Prospect flagsLow participationLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$208.5M

+25.0% from 2018

Total participants

170,685

+33.8% from 2018

Average account balance

$15,902

+4.1% from 2018

Annual return

23.82%

+26.96 pp from 2018

Benchmarks

See 51 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants>=10,000

Cohort51 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$497.90M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

26,205

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.

9.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$281

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

+45.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$92

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 10 of 16 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Service code 49 · EIN 04-1590850	Other Services	$1,360,998
SAGEVIEW ADVISORY GROUP, LLC4 years Service code 27 · EIN 33-0818667	Advisory (Plan)	$91,652
PARADIGM DIGITAL COLOR GRAPHICS3 years Service code 50 · EIN 23-2882710	Direct Payment	$49,949
KSJG, LLP3 years Filed as: KUSHNER SMITH JOANOU & GREGSON, LLP Service code 50 · EIN 95-3322166	Direct Payment	$13,300
AMERICAN CENTURY3 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS3 years Service code 52 · EIN 95-2482877	Indirect Investment Fees	$0
FRANKLIN TEMPLETON3 years Filed as: FRANKLINTEMPLETON Service code 52 · EIN 13-3151768	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 93-6305075	Indirect Investment Fees	$0
IVY FUNDS3 years Service code 52 · EIN 04-6006759	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY3 years Filed as: JP MORGAN Service code 52 · EIN 04-3400483	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3B3D3H2T3F

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$9 / participant

Investment mgmt$1M76.4%
Contract admin$293K19.3%
Other / not subdivided$64K4.2%

% of EOY assets

0.727%

all-in expense ratio

Categories reported

2 / 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: WITHUMSMITH & BROWN, PC
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,902

$32,762-51.5%

$84,628-81.2%

$89,609-82.3%

Participation rate

6.9%

34.6%-27.7pp

68.2%-61.3pp

69.6%-62.6pp

Annual return

23.82%

28.37%-4.6pp

258.80%-235.0pp

34.56%-10.7pp

Employer contribution / active EE

$41

$564-92.8%

$2,653-98.5%

$2,584-98.4%

Participant deferral / active EE

$138

$1,501-90.8%

$3,900-96.5%

$4,220-96.7%

Admin fee / account holder

$116

$82+40.1%

$4,914-97.6%

$72+61.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Service code 49 · EIN 04-1590850

Other Services

$1,360,998

SAGEVIEW ADVISORY GROUP, LLC4 years

Service code 27 · EIN 33-0818667

Advisory (Plan)

$91,652

PARADIGM DIGITAL COLOR GRAPHICS3 years

Service code 50 · EIN 23-2882710

Direct Payment

$49,949

KSJG, LLP3 years

Filed as: KUSHNER SMITH JOANOU & GREGSON, LLP

Service code 50 · EIN 95-3322166

Direct Payment

$13,300

AMERICAN CENTURY3 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS3 years

Service code 52 · EIN 95-2482877

Indirect Investment Fees

FRANKLIN TEMPLETON3 years

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 13-3151768

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 93-6305075

Indirect Investment Fees

IVY FUNDS3 years

Service code 52 · EIN 04-6006759

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY3 years

Filed as: JP MORGAN

Service code 52 · EIN 04-3400483

Indirect Investment Fees

ALLIED UNIVERSAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLIED UNIVERSAL 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