Retirement plan

HANTZ GROUP, INC. RETIREMENT SAVINGS PLAN

Name: HANTZ GROUP, INC. - HANTZ GROUP, INC. RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: HANTZ GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HANTZ GROUP, INC. RETIREMENT SAVINGS PLAN, HANTZ GROUP, INC.

HANTZ GROUP, INC.EIN 38-3439679Plan #001PY 2018

26200 AMERICAN DRIVE, FIFTH FLOOR - SOUTHFIELD, MI 48034248-304-2855hantzgroup.comLinkedIn501-1000 employeesfinancial services

Prospect flagsLow returnsFailed to transmit contributions

Top hat statement on fileNQDC

Filed May 19, 2015 (most recent of 4 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$39.5M

-3.2% from 2017

Total participants

634

+5.5% from 2017

Average account balance

$67,787

-7.4% from 2017

Annual return

-7.42%

-26.58 pp from 2017

Benchmarks

See 1,457 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,457 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$82.28M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

641

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+17.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$122

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 10 of 16 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 49 · EIN 04-1590850	Other Services	$66,890
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSMUTUAL Service code 64 · EIN 04-1590850	Recordkeeping Fees	$21,960
AMERICAN CENTURY2 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
THE BANK OF NEW YORK MELLON2 years Filed as: DREYFUS Service code 52 · EIN 04-3106135	Indirect Investment Fees	$0
EATON VANCE2 years Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
GLENMEDE2 years Service code 52 · EIN 23-1512117	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 84-0933032	Indirect Investment Fees	$0
JANUS HENDERSON2 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2A2F2G2R3D3H2S2T

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.
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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$86K

$153 / participant

Investment mgmt$61K71.9%
Contract admin$24K28.1%

% of EOY assets

0.217%

all-in expense ratio

Categories reported

2 / 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: REHMANN ROBSON
Auditor EIN: 383635706
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,787

$80,005-15.3%

$140,019-51.6%

$55,725+21.6%

Participation rate

90.7%

87.0%+3.7pp

87.5%+3.2pp

70.9%+19.9pp

Annual return

-7.42%

0.46%-7.9pp

651.15%-658.6pp

244.93%-252.3pp

Employer contribution / active EE

$3,403-100.0%

$5,605-100.0%

$2,078-100.0%

Participant deferral / active EE

$5,437

$5,264+3.3%

$6,927-21.5%

$3,356+62.0%

Admin fee / account holder

$147

$116+27.1%

$10,705-98.6%

$115+27.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 49 · EIN 04-1590850

Other Services

$66,890

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSMUTUAL

Service code 64 · EIN 04-1590850

Recordkeeping Fees

$21,960

AMERICAN CENTURY2 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

THE BANK OF NEW YORK MELLON2 years

Filed as: DREYFUS

Service code 52 · EIN 04-3106135

Indirect Investment Fees

EATON VANCE2 years

Service code 52 · EIN 04-2325690

Indirect Investment Fees

GLENMEDE2 years

Service code 52 · EIN 23-1512117

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 84-0933032

Indirect Investment Fees

JANUS HENDERSON2 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

HANTZ GROUP, INC. RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HANTZ GROUP, INC. RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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