Retirement plan

CORBUS/SOIN 401(K) PLAN

Name: CORBUS, LLC - CORBUS/SOIN 401(K) PLAN (2017) Form 5500
Creator: CORBUS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORBUS/SOIN 401(K) PLAN, CORBUS, LLC

CORBUS, LLCEIN 31-1628048Plan #001PY 2017

1129 MIAMISBURG CENTERVILLE RD - WEST CARROLLTON, OH 45449937-610-4016corbus.comLinkedIn501-1000 employeesmanagement consulting

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.1M

+22.0% from 2016

Total participants

293

+0.7% from 2016

Average account balance

$54,793

+17.5% from 2016

Annual return

17.25%

+9.74 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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 5 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 · EIN 59-1237041	Advisory (Participants)	$28,881
DYNAMIC PENSION SERVICES, INC.3+ years Filed as: DYNAMIC PENSION SERVICE, INC. Service code 12 · EIN 31-1585572	Recordkeeping and information managem...	$12,070
TWG BENEFITS, INC.3+ years Filed as: TWG Service code 15 · EIN 36-4028918	Recordkeeping	$9,146
IME FINANCIAL, LLC2 years Filed as: IME FINANCIAL Service code 16 · EIN 27-2820524	Consulting	$5,996
MID ATLANTIC CAPITAL CORPORATION1 year Filed as: MID-ATLANTIC Service code 21 · EIN 27-3169253	Bank Trustee	$5,554

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$76K

$345 / participant

Contract admin$29K38.0%
Other / not subdivided$47K62.0%

% of EOY assets

0.502%

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

$54,793

$80,753-32.1%

$136,298-59.8%

$62,293-12.0%

Participation rate

92.3%

73.5%+18.7pp

81.9%+10.4pp

69.5%+22.8pp

Annual return

17.25%

35.83%-18.6pp

5156.27%-5139.0pp

28.90%-11.6pp

Employer contribution / active EE

$1,740

$2,884-39.7%

$4,696-62.9%

$2,042-14.8%

Participant deferral / active EE

$4,346

$5,164-15.8%

$6,247-30.4%

$3,169+37.1%

Admin fee / account holder

$275

$525-47.6%

$9,244-97.0%

$479-42.6%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES3+ years

Filed as: RAYMOND JAMES & ASSOCIATES

Service code 26 · EIN 59-1237041

Advisory (Participants)

$28,881

DYNAMIC PENSION SERVICES, INC.3+ years

Filed as: DYNAMIC PENSION SERVICE, INC.

Service code 12 · EIN 31-1585572

Recordkeeping and information managem...

$12,070

TWG BENEFITS, INC.3+ years

Filed as: TWG

Service code 15 · EIN 36-4028918

Recordkeeping

$9,146

IME FINANCIAL, LLC2 years

Filed as: IME FINANCIAL

Service code 16 · EIN 27-2820524

Consulting

$5,996

MID ATLANTIC CAPITAL CORPORATION1 year

Filed as: MID-ATLANTIC

Service code 21 · EIN 27-3169253

Bank Trustee

$5,554

CORBUS/SOIN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORBUS/SOIN 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