Retirement plan

EMPLOYER FLEXIBLE 401(K) PLAN

Name: EMPLOYER FLEXIBLE - EMPLOYER FLEXIBLE 401(K) PLAN (2016) Form 5500
Creator: EMPLOYER FLEXIBLE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYER FLEXIBLE 401(K) PLAN, EMPLOYER FLEXIBLE

EMPLOYER FLEXIBLEEIN 27-4406361Plan #333PY 2016

7102 N. SAM HOUSTON PKWY W, SUITE 200 - HOUSTON, TX 77064866-501-4942employerflexible.comLinkedIn10001+ employeeshuman resources

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$45.1M

+23.8% from 2015

Total participants

2,229

+4.3% from 2015

Average account balance

$36,839

+5.0% from 2015

Annual return

10.91%

-4.33 pp from 2015

Benchmarks

See 280 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort280 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$215.37M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

4,861

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.

24.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+2.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$434

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 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2+ years Service code 13 · EIN 35-1140070	Contract Administrator	$237,554
STADION MONEY MANAGEMENT2+ years Service code 26 · EIN 58-2099805	Advisory (Participants)	$77,833
PINNACLE FINANCIAL SERVICES, INC.2+ years Filed as: PINNACLE FINANCIAL SERVCES, INC Service code 15 · EIN 59-2438373	Recordkeeping	$24,927

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$342K

$182 / participant

Contract admin$264K77.0%
Other / not subdivided$79K23.0%

% of EOY assets

0.759%

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: TEMPLETON & COMPANY
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,839

$31,370+17.4%

$74,577-50.6%

$63,975-42.4%

Participation rate

46.7%

42.6%+4.1pp

68.1%-21.5pp

71.1%-24.5pp

Annual return

10.91%

-105.16%+116.1pp

20.47%-9.6pp

48.65%-37.7pp

Employer contribution / active EE

$1,483

$822+80.4%

$2,525-41.3%

$2,182-32.0%

Participant deferral / active EE

$2,485

$1,560+59.3%

$3,458-28.2%

$3,356-26.0%

Admin fee / account holder

$280

$77+264.2%

$4,138-93.2%

$70+297.1%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$237,554

STADION MONEY MANAGEMENT2+ years

Service code 26 · EIN 58-2099805

Advisory (Participants)

$77,833

PINNACLE FINANCIAL SERVICES, INC.2+ years

Filed as: PINNACLE FINANCIAL SERVCES, INC

Service code 15 · EIN 59-2438373

Recordkeeping

$24,927

EMPLOYER FLEXIBLE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYER FLEXIBLE 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