Retirement plan

SKYBEAM, LLC DBA RISE BROADBAND 401(K) PLAN

Name: SKYBEAM, LLC DBA RISE BROADBAND, A COLORADO LLC - SKYBEAM, LLC DBA RISE BROADBAND 401(K) PLAN (2017) Form 5500
Creator: SKYBEAM, LLC DBA RISE BROADBAND, A COLORADO LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SKYBEAM, LLC DBA RISE BROADBAND 401(K) PLAN, SKYBEAM, LLC DBA RISE BROADBAND, A COLORADO LLC

SKYBEAM, LLC DBA RISE BROADBAND, A COLORADO LLCEIN 27-2941416Plan #001PY 2017

61 INVERNESS DRIVE EAST, SUITE 250 - ENGLEWOOD, CO 80112720-833-7030LinkedIn501-1000 employeestelecommunications

Prospect flagsLow assets / participantLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$4.3M

+5.7% from 2016

Total participants

734

-21.1% from 2016

Average account balance

$7,787

+45.8% from 2016

Annual return

22.03%

-102.40 pp from 2016

Benchmarks

See 512 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort512 peers

Snapshot2017

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

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)

$31K

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.

330

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.

42.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+18.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$265

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 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$23,962
GOLDLEAF PARTNERS1 year Filed as: GOLDLEAF PARTNERS SERVICES INC Service code 13 8009 34TH AVE S · MINNEAPOLIS, MN 55425	Contract Administrator	$23,592
ASPERIA INC1 year Service code 13 546 MAIN ST STE 101 · WORCESTER, MA 01608	Contract Administrator	$18,404
ALPHA CAPITAL MANAGEMENT GROUP LLC1 year Service code 27 6465 GREENWOOD PLAZA BLVD STE 625 · CENTENNIAL, CO 80111	Advisory (Plan)	$8,000

Plan features & details

Pension benefit codes2E2J2K2F2G2T3D

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.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$44K

$72 / participant

Contract admin$44K100.0%

% of EOY assets

1.037%

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: EKS&H LLLP
Auditor EIN: 461497033
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,787

$65,592-88.1%

$90,161-91.4%

$69,631-88.8%

Participation rate

70.3%

77.6%-7.3pp

76.9%-6.5pp

70.7%-0.3pp

Annual return

22.03%

57.10%-35.1pp

34.89%-12.9pp

27571.02%-27549.0pp

Employer contribution / active EE

$2,193-100.0%

$3,318-100.0%

$2,032-100.0%

Participant deferral / active EE

$2,038

$5,257-61.2%

$5,287-61.5%

$3,224-36.8%

Admin fee / account holder

$81

$86-5.8%

$5,943-98.6%

$110-26.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$23,962

GOLDLEAF PARTNERS1 year

Filed as: GOLDLEAF PARTNERS SERVICES INC

Service code 13

8009 34TH AVE S · MINNEAPOLIS, MN 55425

Contract Administrator

$23,592

ASPERIA INC1 year

Service code 13

546 MAIN ST STE 101 · WORCESTER, MA 01608

Contract Administrator

$18,404

ALPHA CAPITAL MANAGEMENT GROUP LLC1 year

Service code 27

6465 GREENWOOD PLAZA BLVD STE 625 · CENTENNIAL, CO 80111

Advisory (Plan)

$8,000

SKYBEAM, LLC DBA RISE BROADBAND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SKYBEAM, LLC DBA RISE BROADBAND 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