Retirement plan

CORBUS/SOIN INTERNATIONAL 401(K) PLAN

Name: CORBUS LLC - CORBUS/SOIN INTERNATIONAL 401(K) PLAN (2015) Form 5500
Creator: CORBUS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORBUS/SOIN INTERNATIONAL 401(K) PLAN, CORBUS LLC

CORBUS LLCEIN 31-1628048Plan #001PY 2015

1129 MIAMISBURG CENTERVILLE ROAD - WEST CARROLLTON, OH 45449937-226-7724corbus.comLinkedIn501-1000 employeesmanagement consulting

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$12M

No prior year

Total participants

292

No prior year

Average account balance

$44,697

No prior year

Annual return

-1.74%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.10M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

236

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.

93.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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 4 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 · EIN 59-1237041	Advisory (Participants)	$28,829
DYNAMIC PENSION SERVICES, INC.1+ years Filed as: DYNAMIC PENSION SERVICE, INC. Service code 12 · EIN 31-1585572	Claims processing; Recordkeeping and ...	$13,357
TWG BENEFITS, INC.1+ years Filed as: TWG Service code 15 · EIN 36-4028918	Recordkeeping	$6,602
MID ATLANTIC CAPITAL CORPORATION1+ years Filed as: MID-ATLANTIC TRUST Service code 19 · EIN 27-3169253	Securities Custodian	$5,050

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$57K

$265 / participant

Investment mgmt$29K50.5%
Other / not subdivided$28K49.5%

% of EOY assets

0.475%

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: SWINDON SPRINGER & CO. INC.
Auditor EIN: 311339842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,697

$70,002-36.1%

$115,037-61.1%

$52,331-14.6%

Participation rate

89.3%

72.1%+17.2pp

81.4%+7.9pp

68.1%+21.2pp

Annual return

-1.74%

4.04%-5.8pp

26.14%-27.9pp

4.54%-6.3pp

Employer contribution / active EE

$1,496

$2,715-44.9%

$4,608-67.5%

$1,882-20.5%

Participant deferral / active EE

$4,630

$4,920-5.9%

$6,026-23.2%

$3,022+53.2%

Admin fee / account holder

$212

$566-62.5%

$8,175-97.4%

$592-64.1%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES & ASSOCIATES

Service code 26 · EIN 59-1237041

Advisory (Participants)

$28,829

DYNAMIC PENSION SERVICES, INC.1+ years

Filed as: DYNAMIC PENSION SERVICE, INC.

Service code 12 · EIN 31-1585572

Claims processing; Recordkeeping and ...

$13,357

TWG BENEFITS, INC.1+ years

Filed as: TWG

Service code 15 · EIN 36-4028918

Recordkeeping

$6,602

MID ATLANTIC CAPITAL CORPORATION1+ years

Filed as: MID-ATLANTIC TRUST

Service code 19 · EIN 27-3169253

Securities Custodian

$5,050

CORBUS/SOIN INTERNATIONAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORBUS/SOIN INTERNATIONAL 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