Retirement plan

ADVANTAGE 401(K) SAVINGS PLAN

Name: ADVANTAGE SALES & MARKETING, LLC - ADVANTAGE 401(K) SAVINGS PLAN (2018) 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 2018

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

Prospect flagsLow participationLow employer contributionLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$574.2M

-11.2% from 2016

Total participants

52,425

-10.2% from 2016

Average account balance

$43,848

-6.7% from 2016

Annual return

37.33%

-8.99 pp from 2016

Benchmarks

See 79 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants>=10,000

Cohort79 peers

Snapshot2018

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$1,037,320
SAGEVIEW ADVISORY GROUP, LLC4+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667	Advisory (Plan)	$185,000
MARKS PANETH LLP1 year Service code 10 685 THIRD AVENUE · NEW YORK, NY 10017	Accounting	$90,386
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL INSURANCE CO Service code 28 · EIN 22-1211670	Investment Management	$31,981
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: NEW YORK LIFE INSURANCE CO Service code 13 · EIN 13-5582869	Contract Administrator	$23,305
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL TRUST CO Service code 28 · EIN 23-6994310	Investment Management	$9,360
SHERMAN & HOWARD1 year Filed as: SHERMAN & HOWARD L.L.C Service code 29 · EIN 84-0420314	Legal	$5,941

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D3H

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.
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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant 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).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$23 / participant

Investment mgmt$26K2.2%
Contract admin$1M88.6%
Other / not subdivided$106K9.1%

% of EOY assets

0.203%

all-in expense ratio

Categories reported

2 / 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: WRIGHT FORD YOUNG & CO.
Auditor EIN: 953288054
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,848

$71,505-38.7%

$123,553-64.5%

$73,367-40.2%

Participation rate

20.8%

64.9%-44.1pp

82.3%-61.5pp

69.5%-48.7pp

Annual return

37.33%

6.94%+30.4pp

119.21%-81.9pp

173.45%-136.1pp

Employer contribution / active EE

$189

$2,011-90.6%

$4,628-95.9%

$2,499-92.4%

Participant deferral / active EE

$685

$4,928-86.1%

$6,426-89.3%

$4,033-83.0%

Admin fee / account holder

$89

$66+34.7%

$9,284-99.0%

$68+29.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$1,037,320

SAGEVIEW ADVISORY GROUP, LLC4+ years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 27 · EIN 33-0818667

Advisory (Plan)

$185,000

MARKS PANETH LLP1 year

Service code 10

685 THIRD AVENUE · NEW YORK, NY 10017

Accounting

$90,386

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL INSURANCE CO

Service code 28 · EIN 22-1211670

Investment Management

$31,981

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: NEW YORK LIFE INSURANCE CO

Service code 13 · EIN 13-5582869

Contract Administrator

$23,305

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL TRUST CO

Service code 28 · EIN 23-6994310

Investment Management

$9,360

SHERMAN & HOWARD1 year

Filed as: SHERMAN & HOWARD L.L.C

Service code 29 · EIN 84-0420314

Legal

$5,941

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