Retirement plan

G2 SOFTWARE SYSTEMS, INC. RETIREMENT PLAN

Name: G2 SOFTWARE SYSTEMS, INC. - G2 SOFTWARE SYSTEMS, INC. RETIREMENT PLAN (2020) Form 5500
Creator: G2 SOFTWARE SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G2 SOFTWARE SYSTEMS, INC. RETIREMENT PLAN, G2 SOFTWARE SYSTEMS, INC.

G2 SOFTWARE SYSTEMS, INC.EIN 33-0454802Plan #001PY 2020

4025 HANCOCK STREET, SUITE 105 - SAN DIEGO, CA 92110619-222-8025g2ss.comLinkedIn51-200 employeescomputer software

Other plans on this EIN

1 filing

#002Retirement-$10.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.9M

+23.5% from 2019

Total participants

162

+6.6% from 2019

Average account balance

$160,344

+9.6% from 2019

Annual return

23.15%

-2.79 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.37M

Not enough data

1 years with asset history on file

Average account balance

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

$217K

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.

131

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.

71.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$586

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 27 · EIN 23-2384840	Advisory (Plan)	$23,149
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS Service code 37 · EIN 04-2647786	Loan Processing	$13,244

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$36K

$268 / participant

Contract admin$36K100.0%

% of EOY assets

0.183%

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: BAKER TILLY, US LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$160,344

$99,957+60.4%

$149,745+7.1%

$73,497+118.2%

Participation rate

72.1%

75.7%-3.6pp

82.5%-10.4pp

70.7%+1.4pp

Annual return

23.15%

53.87%-30.7pp

276.72%-253.6pp

28.51%-5.4pp

Employer contribution / active EE

$3,191-100.0%

$4,646-100.0%

$2,270-100.0%

Participant deferral / active EE

$10,978

$6,073+80.8%

$6,843+60.4%

$3,740+193.5%

Admin fee / account holder

$293

$551-46.7%

$9,312-96.8%

$513-42.8%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SERVICES, LLC

Service code 27 · EIN 23-2384840

Advisory (Plan)

$23,149

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS

Service code 37 · EIN 04-2647786

Loan Processing

$13,244

G2 SOFTWARE SYSTEMS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

G2 SOFTWARE SYSTEMS, INC. RETIREMENT 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