Retirement plan

ADVANTAGE 401(K) SAVINGS PLAN

Name: ADVANTAGE SALES & MARKETING, LLC - ADVANTAGE 401(K) SAVINGS PLAN (2016) Form 5500
Creator: ADVANTAGE SALES & MARKETING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANTAGE 401(K) SAVINGS PLAN, ADVANTAGE SALES & MARKETING, LLC

ADVANTAGE SALES & MARKETING, LLCEIN 33-0777131Plan #001PY 2016

18100 VON KARMAN AVE 10TH FLOOR - IRVINE, CA 926120169855-472-8276

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$376.8M

-11.2% from 2016

Total participants

20,144

-10.2% from 2016

Average account balance

$47,636

-6.7% from 2016

Annual return

11.90%

-8.99 pp from 2016

Benchmarks

See 69 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants>=10,000

Cohort69 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$764.55M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

11,094

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.

22.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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 6 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$479,208
SAGEVIEW ADVISORY GROUP, LLC2+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667	Advisory (Plan)	$106,250
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: NEW YORK LIFE INSURANCE COMPANY Service code 13 · EIN 13-5582869	Contract Administrator	$37,509
LTSP, INC.1 year Filed as: LTSP INC Service code 10	Accounting	$21,500
THE BANK OF NEW YORK MELLON2+ years Filed as: PERSHING, LLC Service code 33 · EIN 13-2741729	Account maintenance fees; Direct paym...	$7,613
LTSP, INC.1 year Filed as: LTSP, INC Service code 10 · EIN 95-3864890	Accounting	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$478K

$26 / participant

Contract admin$477K99.8%
Other / not subdivided$7200.2%

% of EOY assets

0.127%

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: LTSP, INC.
Auditor EIN: 953864890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,636

$3,611,051-98.7%

$123,894-61.6%

$329,111-85.5%

Participation rate

34.5%

60.7%-26.3pp

81.4%-47.0pp

67.9%-33.4pp

Annual return

11.90%

14.13%-2.2pp

47.52%-35.6pp

16.35%-4.5pp

Employer contribution / active EE

$417

$1,947-78.6%

$4,617-91.0%

$2,303-81.9%

Participant deferral / active EE

$1,467

$4,426-66.8%

$5,984-75.5%

$3,682-60.2%

Admin fee / account holder

$60

$9,731-99.4%

$8,357-99.3%

$754-92.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$479,208

SAGEVIEW ADVISORY GROUP, LLC2+ years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 27 · EIN 33-0818667

Advisory (Plan)

$106,250

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: NEW YORK LIFE INSURANCE COMPANY

Service code 13 · EIN 13-5582869

Contract Administrator

$37,509

LTSP, INC.1 year

Filed as: LTSP INC

Service code 10

Accounting

$21,500

THE BANK OF NEW YORK MELLON2+ years

Filed as: PERSHING, LLC

Service code 33 · EIN 13-2741729

Account maintenance fees; Direct paym...

$7,613

LTSP, INC.1 year

Filed as: LTSP, INC

Service code 10 · EIN 95-3864890

Accounting

ADVANTAGE 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANTAGE 401(K) SAVINGS 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