Retirement plan

TECHNICAL SERVICES RETIREMENT PLAN

Name: COMPUTER AND ENGINEERING SERVICES, INC. - TECHNICAL SERVICES RETIREMENT PLAN (2024) Form 5500
Creator: COMPUTER AND ENGINEERING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TECHNICAL SERVICES RETIREMENT PLAN, COMPUTER AND ENGINEERING SERVICES, INC.

COMPUTER AND ENGINEERING SERVICES, INC.EIN 38-2512681Plan #001PY 2024

5555 GULL ROAD - KALAMAZOO, MI 49048269-345-0150

Prospect flagsLow returnsHigh feesLow participationLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$29.2M

+6.5% from 2023

Total participants

3,283

-11.0% from 2023

Average account balance

$24,809

+14.1% from 2023

Annual return

12.26%

-3.53 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.18M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,176

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.

18.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$223,614
SIGMA FINANCIAL CORPORATION10+ years Service code 27 300 PARKLAND PLAZA · ANN ARBOR, MI 48103	Advisory (Plan)	$148,631
REHMANN ROBSON10+ years Filed as: REHMANN FINANCIAL GROUP Service code 15 2330 EAST PARIS AVE SE · GRAND RAPIDS, MI 49546	Recordkeeping	$102,172
PROACCOUNT1 year Service code 26 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Advisory (Participants)	$84,380
BDO USA, LLP6 years Filed as: BDO Service code 10 211 E WATER STREET STE 300 · KALAMAZOO, MI 49007	Accounting	$24,991

Plan features & details

Pension benefit codes2E2F2G2J2K2R3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

8 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$434K

$168 / participant

Recordkeeping$38K8.9%
Investment mgmt$307K70.7%
Contract admin$64K14.7%
Other / not subdivided$25K5.8%

% of EOY assets

1.489%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: $24,991
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,809

$122,128-79.7%

$147,080-83.1%

$199,960-87.6%

Participation rate

18.7%

78.2%-59.4pp

82.2%-63.4pp

72.0%-53.3pp

Annual return

12.26%

30.58%-18.3pp

420.17%-407.9pp

34.28%-22.0pp

Employer contribution / active EE

$127

$4,093-96.9%

$4,933-97.4%

$3,036-95.8%

Participant deferral / active EE

$991

$8,484-88.3%

$8,066-87.7%

$5,087-80.5%

Admin fee / account holder

$369

$180+105.8%

$12,989-97.2%

$269+37.2%

Provider

Service type

Compensation

NATIONWIDE10+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$223,614

SIGMA FINANCIAL CORPORATION10+ years

Service code 27

300 PARKLAND PLAZA · ANN ARBOR, MI 48103

Advisory (Plan)

$148,631

REHMANN ROBSON10+ years

Filed as: REHMANN FINANCIAL GROUP

Service code 15

2330 EAST PARIS AVE SE · GRAND RAPIDS, MI 49546

Recordkeeping

$102,172

PROACCOUNT1 year

Service code 26

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Advisory (Participants)

$84,380

BDO USA, LLP6 years

Filed as: BDO

Service code 10

211 E WATER STREET STE 300 · KALAMAZOO, MI 49007

Accounting

$24,991

TECHNICAL SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TECHNICAL SERVICES RETIREMENT 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