Retirement plan

SMITH MICRO SOFTWARE, INC. 401K PROFIT SHARING

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

SMITH MICRO SOFTWARE, INC.EIN 33-0029027Plan #001PY 2016

51 COLUMBIA, SUITE200 - ALISO VIEJO, CA 92656949-362-5800smithmicro.comLinkedIn201-500 employeescomputer software

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$24.3M

+5.0% from 2015

Total participants

319

-4.2% from 2015

Average account balance

$86,548

+9.1% from 2015

Annual return

7.57%

+5.97 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.79M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

282

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$274

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
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA ADVISORS LLC Service code 55 CETERA FINANCIAL GROUP · EL SEGUNDO, CA 90245	Other Commissions	$23,906
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 55 LLC284 BELLEVUE AVE · NEWPORT, RI 02840	Other Commissions	$23,906
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$1,556
MORNINGSTAR1 year Service code 26 · EIN 36-3297908	Advisory (Participants)	$1,457

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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$3K

$21 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

0 / 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: SQUAR MILNER LLP
Auditor EIN: 330835986
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,548

$75,183+15.1%

$123,894-30.1%

$55,167+56.9%

Participation rate

74.0%

72.8%+1.2pp

81.4%-7.4pp

69.0%+5.0pp

Annual return

7.57%

19.01%-11.4pp

47.52%-40.0pp

169.23%-161.7pp

Employer contribution / active EE

$590

$2,823-79.1%

$4,617-87.2%

$1,963-70.0%

Participant deferral / active EE

$8,929

$5,084+75.6%

$5,984+49.2%

$3,054+192.4%

Admin fee / account holder

$11

$663-98.4%

$8,357-99.9%

$504-97.9%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC2+ years

Filed as: CETERA ADVISORS LLC

Service code 55

CETERA FINANCIAL GROUP · EL SEGUNDO, CA 90245

Other Commissions

$23,906

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 55

LLC284 BELLEVUE AVE · NEWPORT, RI 02840

Other Commissions

$23,906

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$1,556

MORNINGSTAR1 year

Service code 26 · EIN 36-3297908

Advisory (Participants)

$1,457

SMITH MICRO SOFTWARE, INC. 401K PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SMITH MICRO SOFTWARE, INC. 401K PROFIT SHARING

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