Retirement plan

FORSYTE I.T. SOLUTIONS 401(K) PROFIT SHARING PLAN

Name: FORSYTE I.T. SOLUTIONS - FORSYTE I.T. SOLUTIONS 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: FORSYTE I.T. SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORSYTE I.T. SOLUTIONS 401(K) PROFIT SHARING PLAN, FORSYTE I.T. SOLUTIONS

FORSYTE I.T. SOLUTIONSEIN 35-2515026Plan #001PY 2018

6903 PARK AVENUE - RICHMOND, VA 23226804-301-7550forsyteit.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$178K

+164.0% from 2017

Total participants

+33.3% from 2017

Average account balance

$16,221

+116.0% from 2017

Annual return

-14.96%

-14.96 pp from 2017

Benchmarks

See 8,369 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,369 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.84M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$400K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+19.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1614

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D

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).
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.

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

$628

$70 / participant

Other / not subdivided$628100.0%

% of EOY assets

0.352%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,221

$97,020-83.3%

$83,322-80.5%

$135,379-88.0%

Participation rate

88.9%

80.4%+8.5pp

77.8%+11.1pp

82.6%+6.2pp

Annual return

-14.96%

12.31%-27.3pp

10.64%-25.6pp

519.79%-534.8pp

Employer contribution / active EE

$3,832

$4,144-7.5%

$3,379+13.4%

$4,779-19.8%

Participant deferral / active EE

$9,676

$5,964+62.2%

$5,565+73.9%

$5,609+72.5%

Admin fee / account holder

$57

$8,426-99.3%

$7,540-99.2%

$10,828-99.5%

FORSYTE I.T. SOLUTIONS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORSYTE I.T. SOLUTIONS 401(K) PROFIT SHARING 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