Retirement plan

SECURUS 401(K) PLAN

Name: TILSON HR, INC. - SECURUS 401(K) PLAN (2016) Form 5500
Creator: TILSON HR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECURUS 401(K) PLAN, TILSON HR, INC.

TILSON HR, INC.EIN 35-1954179Plan #333PY 2016

1530 AMERICAN WAY, SUITE 222 - GREENWOOD, IN 46147317-885-3838tilsonhr.comLinkedIn51-200 employeeshuman resources

Prospect flagsLow returnsHigh feesLow participationCorrective distributions

How to read this page

Total assets (EOY)

$35.6M

-3.8% from 2015

Total participants

1,576

-4.4% from 2015

Average account balance

$35,637

-1.7% from 2015

Annual return

-7.03%

-0.98 pp from 2015

Benchmarks

See 280 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort280 peers

Snapshot2016

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Analytics

Total assets (EOY)

Plan-year ending balance

$52.88M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

1,055

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.

58.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.41M

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

+4.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$308

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 4 by compensation

Provider	Service type	Compensation
SLAVIC INTEGRATED ADMINISTRATION2+ years Service code 15 · EIN 65-0608221	Recordkeeping	$175,086
TILSON HR2+ years Service code 14 · EIN 35-1954179	Plan Administrator	$69,666
SLAVIC INTEGRATED ADMINISTRATION2+ years Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP Service code 28 · EIN 59-2749576	Investment Management	$44,309
UBS FINANCIAL SERVICES INC2+ years Service code 27 1000 HARBOR BLVD 6TH FL · WEEHAWKEN, NJ 07086	Advisory (Plan)	$41,215

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2A2E2G2J2K2R2S3B3F2F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$333K

$297 / participant

Investment mgmt$86K25.7%
Contract admin$247K74.3%

% of EOY assets

0.935%

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: CLIFTONLARSENALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,637

$31,370+13.6%

$74,577-52.2%

$63,975-44.3%

Participation rate

48.3%

42.6%+5.8pp

68.1%-19.8pp

71.1%-22.8pp

Annual return

-7.03%

-105.16%+98.1pp

20.47%-27.5pp

48.65%-55.7pp

Employer contribution / active EE

$1,120

$822+36.2%

$2,525-55.7%

$2,182-48.7%

Participant deferral / active EE

$2,402

$1,560+53.9%

$3,458-30.5%

$3,356-28.4%

Admin fee / account holder

$333

$77+334.0%

$4,138-91.9%

$70+373.1%

Provider

Service type

Compensation

SLAVIC INTEGRATED ADMINISTRATION2+ years

Service code 15 · EIN 65-0608221

Recordkeeping

$175,086

TILSON HR2+ years

Service code 14 · EIN 35-1954179

Plan Administrator

$69,666

SLAVIC INTEGRATED ADMINISTRATION2+ years

Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP

Service code 28 · EIN 59-2749576

Investment Management

$44,309

UBS FINANCIAL SERVICES INC2+ years

Service code 27

1000 HARBOR BLVD 6TH FL · WEEHAWKEN, NJ 07086

Advisory (Plan)

$41,215

SECURUS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECURUS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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