Retirement plan

LIFERAY, INC. 401(K) PROFIT SHARING PLAN

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

LIFERAY, INC.EIN 30-0383279Plan #001PY 2016

1400 MONTEFINO AVE. - DIAMOND BAR, CA 91765877-543-3729liferay.comLinkedIn1001-5000 employeescomputer software

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$5.6M

+29.9% from 2015

Total participants

297

+14.2% from 2015

Average account balance

$29,194

+15.1% from 2015

Annual return

10.78%

-2.76 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.72M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

349

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+11.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$250

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
CENTAURUS FINANCIAL INC1 year Filed as: CENTAURUS FINANCIAL INC. Service code 26 · EIN 33-0530236 2300 E. KATELLA AVE., STE. 200 · ANAHEIM, CA 92806	Advisory (Participants)	$26,019
ASPIRE FINANCIAL SERVICES2+ years Filed as: ASPIRE FINANCIAL SERVICES, LLC Service code 12 · EIN 27-1033755 4010 BOY SCOUT BLVD., SUITE 450 · TAMPA, FL 33607	Claims processing; Direct payment fro...	$13,897
REDWOOD PENSIONS, LLC1 year Service code 13 · EIN 27-2431450 P.O. BOX 3409 · WALNUT CREEK, CA 94598	Contract Administrator	$5,985

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$51K

$191 / participant

Investment mgmt$31K60.8%
Contract admin$20K39.2%

% of EOY assets

0.901%

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: GRUBER & ASSOCIATES
Auditor EIN: 261348348
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,194

$80,177-63.6%

$123,894-76.4%

$57,658-49.4%

Participation rate

60.9%

74.4%-13.5pp

81.4%-20.5pp

70.2%-9.3pp

Annual return

10.78%

17.90%-7.1pp

47.52%-36.7pp

5.13%+5.6pp

Employer contribution / active EE

$2,913-100.0%

$4,617-100.0%

$1,974-100.0%

Participant deferral / active EE

$3,532

$5,130-31.2%

$5,984-41.0%

$3,061+15.4%

Admin fee / account holder

$263

$106+147.3%

$8,357-96.9%

$95+178.1%

Provider

Service type

Compensation

CENTAURUS FINANCIAL INC1 year

Filed as: CENTAURUS FINANCIAL INC.

Service code 26 · EIN 33-0530236

2300 E. KATELLA AVE., STE. 200 · ANAHEIM, CA 92806

Advisory (Participants)

$26,019

ASPIRE FINANCIAL SERVICES2+ years

Filed as: ASPIRE FINANCIAL SERVICES, LLC

Service code 12 · EIN 27-1033755

4010 BOY SCOUT BLVD., SUITE 450 · TAMPA, FL 33607

Claims processing; Direct payment fro...

$13,897

REDWOOD PENSIONS, LLC1 year

Service code 13 · EIN 27-2431450

P.O. BOX 3409 · WALNUT CREEK, CA 94598

Contract Administrator

$5,985

LIFERAY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIFERAY, INC. 401(K) PROFIT SHARING 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