Retirement plan

COMPASS LABORATORY SERVICES RETIREMENT PLAN

Name: COMPASS LABORATORY SERVICES - COMPASS LABORATORY SERVICES RETIREMENT PLAN (2016) Form 5500
Creator: COMPASS LABORATORY SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPASS LABORATORY SERVICES RETIREMENT PLAN, COMPASS LABORATORY SERVICES

COMPASS LABORATORY SERVICESEIN 27-5316507Plan #001PY 2016

1910 NONCONNAH BLVD., SUITE 108 - MEMPHIS, TN 38132901-348-5774LinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsLow participationRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.3M

+55.1% from 2015

Total participants

181

+4.6% from 2015

Average account balance

$12,900

+47.3% from 2015

Annual return

14.12%

+13.06 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.11M

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.

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.

76.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$261K

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

+19.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8534

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 15 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping	$1,680
FTB ADVISORS, INC.1 year Filed as: FTB ADVISORS Service code 27 165 MADISON AVENUE · MEMPHIS, TN 38103	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3B3D

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$11 / participant

Contract admin$2K100.0%

% of EOY assets

0.130%

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: WATKINS UIBERALL, PLLC
Auditor EIN: 621804252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,900

$46,732-72.4%

$156,551-91.8%

$55,167-76.6%

Participation rate

45.3%

65.8%-20.5pp

84.0%-38.7pp

69.0%-23.7pp

Annual return

14.12%

17.72%-3.6pp

32.23%-18.1pp

169.23%-155.1pp

Employer contribution / active EE

$1,213

$2,105-42.4%

$5,501-77.9%

$1,963-38.2%

Participant deferral / active EE

$2,070

$2,204-6.1%

$4,871-57.5%

$3,054-32.2%

Admin fee / account holder

$17

$418-96.0%

$13,028-99.9%

$504-96.7%

Provider

Service type

Compensation

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 15

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping

$1,680

FTB ADVISORS, INC.1 year

Filed as: FTB ADVISORS

Service code 27

165 MADISON AVENUE · MEMPHIS, TN 38103

Advisory (Plan)

COMPASS LABORATORY SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPASS LABORATORY SERVICES 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