Retirement plan

AERIES SOFTWARE, INC. 401(K) PROFIT SHARING PLAN

Name: AERIES SOFTWARE, INC. - AERIES SOFTWARE, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: AERIES SOFTWARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AERIES SOFTWARE, INC. 401(K) PROFIT SHARING PLAN, AERIES SOFTWARE, INC.

AERIES SOFTWARE, INC.EIN 33-0427993Plan #002PY 2024

770 THE CITY DRIVE SOUTH, SUITE 6500 - ORANGE, CA 92868888-487-7555aeries.comLinkedIn51-200 employeescomputer software

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.5M

-1.7% from 2023

Total participants

156

-4.9% from 2023

Average account balance

$73,784

+3.4% from 2023

Annual return

11.25%

-2.38 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.51M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

156

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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 8 by compensation

Provider	Service type	Compensation
VALMARK ADVISERS INC3 years Filed as: VALMARK ADVISERS, INC. Service code 27 · EIN 31-1509466	Advisory (Plan)	$22,480
VALMARK ADVISERS INC1 year Service code 27 · EIN 31-1509466	Advisory (Plan)	$9,343
CROSSPLANS1 year Service code 13 · EIN 20-4536537	Contract Administrator	$8,604
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 · EIN 04-3159710	Recordkeeping Fees	$5,172
TRANSAMERICA RETIREMENT SOLUTIONS3 years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$3,612
BENEFIT EQUITY, INC.3 years Filed as: BENEFIT EQUITY INC. Service code 15 · EIN 33-0384246	Recordkeeping	$1,545
MESIROW FINANCIAL INVESTMENT MANAGE3 years Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849	Advisory (Plan)	$1,497
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP, LLC Service code 28	Investment Management	$46

Plan features & details

Pension benefit codes3D2E2F2G2J2K2T

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

$38K

$329 / participant

Contract admin$38K100.0%

% of EOY assets

0.329%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WALLACE PLESES & DREHER LLP
Auditor EIN: 860841383
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,784

$101,591-27.4%

$147,096-49.8%

$74,429-0.9%

Participation rate

100.0%

75.5%+24.5pp

82.2%+17.8pp

67.2%+32.8pp

Annual return

11.25%

8746.45%-8735.2pp

419.75%-408.5pp

1368.38%-1357.1pp

Employer contribution / active EE

$3,601

$3,813-5.5%

$4,936-27.0%

$2,625+37.2%

Participant deferral / active EE

$7,067

$7,302-3.2%

$8,071-12.4%

$4,348+62.5%

Admin fee / account holder

$243

$1,750-86.1%

$13,005-98.1%

$1,944-87.5%

Provider

Service type

Compensation

VALMARK ADVISERS INC3 years

Filed as: VALMARK ADVISERS, INC.

Service code 27 · EIN 31-1509466

Advisory (Plan)

$22,480

VALMARK ADVISERS INC1 year

Service code 27 · EIN 31-1509466

Advisory (Plan)

$9,343

CROSSPLANS1 year

Service code 13 · EIN 20-4536537

Contract Administrator

$8,604

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64 · EIN 04-3159710

Recordkeeping Fees

$5,172

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$3,612

BENEFIT EQUITY, INC.3 years

Filed as: BENEFIT EQUITY INC.

Service code 15 · EIN 33-0384246

Recordkeeping

$1,545

MESIROW FINANCIAL INVESTMENT MANAGE3 years

Filed as: MESIROW FINANCIAL, INC.

Service code 27 · EIN 36-3194849

Advisory (Plan)

$1,497

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

Investment Management

$46

AERIES SOFTWARE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AERIES SOFTWARE, 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