Retirement plan

CARLSBAD TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN

Name: CARLSBAD TECHNOLOGY, INC - CARLSBAD TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: CARLSBAD TECHNOLOGY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARLSBAD TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN, CARLSBAD TECHNOLOGY, INC

CARLSBAD TECHNOLOGY, INCEIN 33-0441961Plan #001PY 2018

5928 FARNSWORTH COURT - CARLSBAD, CA 92008760-431-8284

Prospect flagsRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$3M

-6.9% from 2017

Total participants

121

+2.5% from 2017

Average account balance

$25,066

-26.7% from 2017

Annual return

-7.15%

-24.01 pp from 2017

Benchmarks

See 5,892 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,892 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.14M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

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.

122.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$595K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1655

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

0 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
ADP BROKER-DEALER4+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$1,930
ADP BROKER-DEALER4+ years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0
UBS FINANCIAL SERVICES INC4+ years Filed as: UBS Service code 49 17140 BERNARDO CENTER DR 350 · SAN DIEGO, CA 92128	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$22 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.065%

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: WEI & WEI CO
Auditor EIN: 952802947
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,066

$61,660-59.3%

$80,022-68.7%

$64,173-60.9%

Participation rate

96.6%

71.7%+24.9pp

75.8%+20.7pp

69.6%+27.0pp

Annual return

-7.15%

-0.33%-6.8pp

11.22%-18.4pp

7.63%-14.8pp

Employer contribution / active EE

$538

$1,810-70.3%

$2,468-78.2%

$2,381-77.4%

Participant deferral / active EE

$2,588

$2,968-12.8%

$3,686-29.8%

$3,470-25.4%

Admin fee / account holder

$16

$5,417-99.7%

$6,521-99.7%

$4,887-99.7%

Provider

Service type

Compensation

ADP BROKER-DEALER4+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$1,930

ADP BROKER-DEALER4+ years

Service code 59 · EIN 22-3319984

Shareholder Servicing

UBS FINANCIAL SERVICES INC4+ years

Filed as: UBS

Service code 49

17140 BERNARDO CENTER DR 350 · SAN DIEGO, CA 92128

Other Services

CARLSBAD TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARLSBAD TECHNOLOGY, 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