Retirement plan

401K PROFIT SHARING PLAN FOR EMPLOYEES OF EMPLOYSHARE, INC. AND PARTICIPATING EMPLOYERS

Name: EMPLOYSHARE, INC. - 401K PROFIT SHARING PLAN FOR EMPLOYEES OF EMPLOYSHARE, INC. AND PARTICIPATING EMPLOYERS (2020) Form 5500
Creator: EMPLOYSHARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401K PROFIT SHARING PLAN FOR EMPLOYEES OF EMPLOYSHARE, INC. AND PARTICIPATING EMPLOYERS, EMPLOYSHARE, INC.

EMPLOYSHARE, INC.EIN 34-1832544Plan #001PY 2020

6824 BIG BEAVER BLVD - BEAVER FALLS, PA 150101803724-384-3050employshare.comLinkedIn11-50 employeeshuman resources

Other plans on this EIN

1 filing

#002Retirement-$5K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.8M

+24.1% from 2019

Total participants

443

+1.4% from 2019

Average account balance

$106,122

+21.1% from 2019

Annual return

25.52%

+1.08 pp from 2019

Benchmarks

See 695 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort695 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$77.96M

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

560

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.

69.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+19.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Claims processing; Recordkeeping and ...	$2,048

Plan features & details

Pension benefit codes2F2G2T

Plan features

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$821

$2 / participant

Other / not subdivided$821100.0%

% of EOY assets

0.002%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: H2R CPA
Auditor EIN: 251031723
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,122

$39,948+165.7%

$89,414+18.7%

$73,412+44.6%

Participation rate

92.0%

50.4%+41.5pp

68.0%+24.0pp

72.2%+19.8pp

Annual return

25.52%

50.12%-24.6pp

245.50%-220.0pp

59.30%-33.8pp

Employer contribution / active EE

$5,081

$1,200+323.5%

$2,586+96.4%

$2,234+127.5%

Participant deferral / active EE

$9,493

$2,193+332.9%

$3,890+144.0%

$3,806+149.4%

Admin fee / account holder

$134-98.5%

$4,883-100.0%

$158-98.7%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Recordkeeping and ...

$2,048

401K PROFIT SHARING PLAN FOR EMPLOYEES OF EMPLOYSHARE, INC. AND PARTICIPATING EMPLOYERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401K PROFIT SHARING PLAN FOR EMPLOYEES OF EMPLOYSHARE, INC. AND PARTICIPATING EMPLOYERS

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