Retirement plan

UNITE RETIREMENT SAVINGS PLAN

Name: UNITE PRIVATE NETWORKS, LLC - UNITE RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: UNITE PRIVATE NETWORKS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITE RETIREMENT SAVINGS PLAN, UNITE PRIVATE NETWORKS, LLC

UNITE PRIVATE NETWORKS, LLCEIN 27-3483570Plan #001PY 2019

7200 NW 86TH STREET, SUITE M - KANSAS CITY, MO 64153816-903-9400uniteprivatenetworks.comLinkedIn201-500 employeestelecommunications

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$7M

+41.8% from 2018

Total participants

265

+18.3% from 2018

Average account balance

$44,958

+22.6% from 2018

Annual return

31.60%

+28.05 pp from 2018

Benchmarks

See 905 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort905 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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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

-100.00%

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING, INC. Service code 26 5440 WEST 110TH STREET, SUITE 102 · OVERLAND PARK, KS 66211	Advisory (Participants)	$33,323
EPIC RETIREMENT PLAN SERVICES1 year Filed as: TPP RETIREMENT PLAN SPECIALISTS LLC Service code 64 7300 COLLEGE BOULEVARD, SUITE 400 · OVERLAND PARK, KS 66210	Recordkeeping Fees	$15,184

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$47K

$197 / participant

Other / not subdivided$47K100.0%

% of EOY assets

0.678%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,958

$58,655-23.4%

$91,989-51.1%

$65,185-31.0%

Participation rate

54.2%

75.3%-21.1pp

78.6%-24.5pp

70.2%-16.0pp

Annual return

31.60%

33.92%-2.3pp

69.02%-37.4pp

29.38%+2.2pp

Employer contribution / active EE

$2,080-100.0%

$3,452-100.0%

$2,177-100.0%

Participant deferral / active EE

$3,173

$5,474-42.0%

$5,923-46.4%

$3,514-9.7%

Admin fee / account holder

$305

$434-29.8%

$7,743-96.1%

$847-64.0%

Provider

Service type

Compensation

CREATIVE PLANNING LLC2 years

Filed as: CREATIVE PLANNING, INC.

Service code 26

5440 WEST 110TH STREET, SUITE 102 · OVERLAND PARK, KS 66211

Advisory (Participants)

$33,323

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: TPP RETIREMENT PLAN SPECIALISTS LLC

Service code 64

7300 COLLEGE BOULEVARD, SUITE 400 · OVERLAND PARK, KS 66210

Recordkeeping Fees

$15,184

UNITE RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITE RETIREMENT SAVINGS 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