Retirement plan

360INSIGHTS (USA) LTD. 401(K) PLAN

Name: 360INSIGHTS USA LTD. - 360INSIGHTS (USA) LTD. 401(K) PLAN (2023) Form 5500
Creator: 360INSIGHTS USA LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 360INSIGHTS (USA) LTD. 401(K) PLAN, 360INSIGHTS USA LTD.

360INSIGHTS USA LTD.EIN 33-1228274Plan #001PY 2023

1307 VALENCE ST., SUITE 360 - NEW ORLEANS, LA 70115905-447-7751

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.4M

+24.3% from 2022

Total participants

199

-3.4% from 2022

Average account balance

$54,612

+27.9% from 2022

Annual return

16.18%

+19.67 pp from 2022

Benchmarks

See 1,031 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,031 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.98M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

233

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.

78.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+67.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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
NFP RETIREMENT INC3 years Service code 99 · EIN 33-0905143	Other Fees	$25,122
VOYA RETIREMENT INSURANCE & ANNUITY3 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$1,700

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$14 / participant

Contract admin$1K82.4%
Other / not subdivided$30017.6%

% of EOY assets

0.018%

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: SCOTT MILLER CPA & ASSOCIATES INC.
Auditor EIN: 873523115
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,612

$69,511-21.4%

$94,664-42.3%

$71,511-23.6%

Participation rate

77.3%

78.4%-1.1pp

80.8%-3.5pp

67.9%+9.4pp

Annual return

16.18%

29.67%-13.5pp

156.84%-140.7pp

28.86%-12.7pp

Employer contribution / active EE

$2,727

$2,853-4.4%

$3,673-25.8%

$2,589+5.3%

Participant deferral / active EE

$5,194

$7,348-29.3%

$7,417-30.0%

$4,291+21.1%

Admin fee / account holder

$10

$1,211-99.2%

$7,222-99.9%

$1,588-99.4%

Provider

Service type

Compensation

NFP RETIREMENT INC3 years

Service code 99 · EIN 33-0905143

Other Fees

$25,122

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$1,700

360INSIGHTS (USA) LTD. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

360INSIGHTS (USA) LTD. 401(K) 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