Retirement plan

COMRESOURCE, INC. 401(K) PROFIT SHARING PLAN

Name: COMRESOURCE, INC. - COMRESOURCE, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: COMRESOURCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMRESOURCE, INC. 401(K) PROFIT SHARING PLAN, COMRESOURCE, INC.

COMRESOURCE, INC.EIN 31-1424933Plan #001PY 2023

1159 DUBLIN ROAD, SUITE 200 - COLUMBUS, OH 43215614-221-6348comresource.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.4M

+21.6% from 2022

Total participants

197

-5.7% from 2022

Average account balance

$128,155

+33.1% from 2022

Annual return

18.53%

+34.98 pp from 2022

Benchmarks

See 6,231 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,231 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.11M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

164

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.

61.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$254

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
MORGAN STANLEY SMITH BARNEY7 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 20-8764829	Advisory (Participants)	$35,094
GBQ CONSULTING1 year Filed as: GBQ CONSULTING, LLC Service code 10 · EIN 20-2122189	Accounting	$12,500
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	-$9,479

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$38K

$298 / participant

Other / not subdivided$38K100.0%

% of EOY assets

0.187%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GBQ PARTNERS, LLC
Auditor EIN: 202122306
Audit fees: $12,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$128,155

$91,439+40.2%

$135,974-5.7%

$71,511+79.2%

Participation rate

70.3%

75.7%-5.3pp

81.9%-11.6pp

67.9%+2.4pp

Annual return

18.53%

29.90%-11.4pp

68.30%-49.8pp

28.86%-10.3pp

Employer contribution / active EE

$3,125

$3,705-15.7%

$4,859-35.7%

$2,589+20.7%

Participant deferral / active EE

$7,537

$7,093+6.3%

$7,760-2.9%

$4,291+75.7%

Admin fee / account holder

$240

$1,267-81.1%

$10,767-97.8%

$1,588-84.9%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY7 years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 26 · EIN 20-8764829

Advisory (Participants)

$35,094

GBQ CONSULTING1 year

Filed as: GBQ CONSULTING, LLC

Service code 10 · EIN 20-2122189

Accounting

$12,500

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

-$9,479

COMRESOURCE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMRESOURCE, 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