Retirement plan

SHOWPAD INC. RETIREMENT TRUST

Name: SHOWPAD INC. - SHOWPAD INC. RETIREMENT TRUST (2023) Form 5500
Creator: SHOWPAD INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHOWPAD INC. RETIREMENT TRUST, SHOWPAD INC.

SHOWPAD INC.EIN 33-1227888Plan #002PY 2023

1 N STATE STREET, 11TH FLOOR - CHICAGO, IL 60602708-341-7071

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.8M

+30.5% from 2022

Total participants

230

-5.0% from 2022

Average account balance

$42,204

+29.1% from 2022

Annual return

23.10%

+26.53 pp from 2022

Benchmarks

See 6,231 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,231 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.05M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

159

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.

71.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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 3 by compensation

Provider	Service type	Compensation
ERNST & YOUNG LLP1 year Service code 15 · EIN 34-6565596	Recordkeeping	$40,535
ADP BROKER-DEALER3+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$18,826
SIKICH LLP1 year Filed as: SIKICH CAPITAL MANAGEMENT, LLC Service code 15 · EIN 36-3168081	Recordkeeping	$15,000

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$74K

$471 / participant

Recordkeeping$19K25.3%
Investment mgmt$15K20.2%
Other / not subdivided$41K54.5%

% of EOY assets

0.947%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: $40,535
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,204

$91,439-53.8%

$135,974-69.0%

$71,511-41.0%

Participation rate

72.2%

75.7%-3.5pp

81.9%-9.8pp

67.9%+4.2pp

Annual return

23.10%

29.90%-6.8pp

68.30%-45.2pp

28.86%-5.8pp

Employer contribution / active EE

$3,705-100.0%

$4,859-100.0%

$2,589-100.0%

Participant deferral / active EE

$10,240

$7,093+44.4%

$7,760+32.0%

$4,291+138.7%

Admin fee / account holder

$400

$1,267-68.4%

$10,767-96.3%

$1,588-74.8%

Provider

Service type

Compensation

ERNST & YOUNG LLP1 year

Service code 15 · EIN 34-6565596

Recordkeeping

$40,535

ADP BROKER-DEALER3+ years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$18,826

SIKICH LLP1 year

Filed as: SIKICH CAPITAL MANAGEMENT, LLC

Service code 15 · EIN 36-3168081

Recordkeeping

$15,000

SHOWPAD INC. RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHOWPAD INC. RETIREMENT TRUST

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