Retirement plan

ZSPACE, INC 401K PLAN

Name: ZSPACE, INC. - ZSPACE, INC 401K PLAN (2019) Form 5500
Creator: ZSPACE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZSPACE, INC 401K PLAN, ZSPACE, INC.

ZSPACE, INC.EIN 35-2284050Plan #001PY 2019

2728 ORCHARD PARKWAY - SAN JOSE, CA 95134408-498-4050zspace.comLinkedIn51-200 employeescomputer hardware

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$7.3M

+40.2% from 2018

Total participants

141

-3.4% from 2018

Average account balance

$68,655

+93.1% from 2018

Annual return

33.01%

+35.08 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.62M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

116

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+20.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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
WESPAC PLAN SERVICES, LLC3 years Service code 15 · EIN 26-2824865 519 17TH STREET · OAKLAND, CA 94612	Recordkeeping	$1,845

Plan features & details

Pension benefit codes2E2F2G2J2T3D2R

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$17 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.025%

all-in expense ratio

Categories reported

0 / 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: ABBOTT, STRINGHAM & LYNCH
Auditor EIN: 770051130
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,655

$65,376+5.0%

$87,104-21.2%

$65,185+5.3%

Participation rate

67.0%

75.3%-8.4pp

76.9%-9.9pp

70.2%-3.2pp

Annual return

33.01%

31.27%+1.7pp

28.19%+4.8pp

29.38%+3.6pp

Employer contribution / active EE

$747

$1,822-59.0%

$2,521-70.4%

$2,177-65.7%

Participant deferral / active EE

$9,655

$3,388+184.9%

$4,048+138.5%

$3,514+174.8%

Admin fee / account holder

$17

$520-96.7%

$7,491-99.8%

$847-97.9%

Provider

Service type

Compensation

WESPAC PLAN SERVICES, LLC3 years

Service code 15 · EIN 26-2824865

519 17TH STREET · OAKLAND, CA 94612

Recordkeeping

$1,845

ZSPACE, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZSPACE, INC 401K 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