Retirement plan

TOTALMED STAFFING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: TOTALMED STAFFING, INC. - TOTALMED STAFFING, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: TOTALMED STAFFING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTALMED STAFFING, INC. 401(K) PROFIT SHARING PLAN AND TRUST, TOTALMED STAFFING, INC.

TOTALMED STAFFING, INC.EIN 38-3719307Plan #001PY 2018

221 WEST COLLEGE AVENUE, FLOOR 2 - APPLETON, WI 54911920-750-7153LinkedIn201-500 employeeshuman resources

Prospect flagsLow participationLow assets / participantLow fidelity bondFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$6M

No prior year

Total participants

2,351

No prior year

Average account balance

$8,660

No prior year

Annual return

13.37%

No prior year

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.34M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

1,317

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.

23.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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 2 by compensation

Provider	Service type	Compensation
AMERICA'S 401K, INC.1+ years Filed as: AMERICA'S BEST 401(K) Service code 26 17470 N. PACESETTER WAY · SCOTTSDALE, AZ 85255	Advisory (Participants)	$20,184
LT TRUST COMPANY1+ years Service code 15 · EIN 61-1607607 1675 BROADWAY STR. SUITE 500 · DENVER, CO 80202	Recordkeeping	$16,462

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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

$37K

$19 / participant

Investment mgmt$20K54.6%
Contract admin$17K45.4%

% of EOY assets

0.620%

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: KEMPER CPA GROUP
Auditor EIN: 370818432
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,660

$45,382-80.9%

$154,111-94.4%

$75,289-88.5%

Participation rate

15.8%

65.9%-50.1pp

83.0%-67.2pp

72.4%-56.6pp

Annual return

13.37%

-0.47%+13.8pp

735.18%-721.8pp

-0.04%+13.4pp

Employer contribution / active EE

$302

$1,533-80.3%

$5,298-94.3%

$2,405-87.4%

Participant deferral / active EE

$674

$2,384-71.7%

$5,081-86.7%

$3,739-82.0%

Admin fee / account holder

$54

$89-39.9%

$13,411-99.6%

$102-47.5%

Provider

Service type

Compensation

AMERICA'S 401K, INC.1+ years

Filed as: AMERICA'S BEST 401(K)

Service code 26

17470 N. PACESETTER WAY · SCOTTSDALE, AZ 85255

Advisory (Participants)

$20,184

LT TRUST COMPANY1+ years

Service code 15 · EIN 61-1607607

1675 BROADWAY STR. SUITE 500 · DENVER, CO 80202

Recordkeeping

$16,462

TOTALMED STAFFING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOTALMED STAFFING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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