Retirement plan

DATA LISTING SERVICES DBA THE CONNECTION 401(K) PLAN

Name: DATA LISTING SERVICES, LLC DBA THE CONNECTION - DATA LISTING SERVICES DBA THE CONNECTION 401(K) PLAN (2017) Form 5500
Creator: DATA LISTING SERVICES, LLC DBA THE CONNECTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DATA LISTING SERVICES DBA THE CONNECTION 401(K) PLAN, DATA LISTING SERVICES, LLC DBA THE CONNECTION

DATA LISTING SERVICES, LLC DBA THE CONNECTIONEIN 41-1893986Plan #001PY 2017

11351 RUPP DRIVE - BURNSVILLE, MN 553371200952-948-5353LinkedIn501-1000 employeesinformation services

Prospect flagsLow returnsHigh feesLow participationLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$2.1M

-14.3% from 2016

Total participants

396

-33.0% from 2016

Average account balance

$25,153

+10.4% from 2016

Annual return

10.42%

+6.18 pp from 2016

Benchmarks

See 512 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort512 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.56M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

29.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$668

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

+13.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3929

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

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Service providers

Top 10 of 14 by compensation

Provider	Service type	Compensation
MIDWEST PENSION & PROFIT SHARING SE2 years Service code 13 · EIN 41-1447816	Contract Administrator	$39,545
MASSACHUSSETTS MUTUAL LIFE INSURANC1 year Service code 52 · EIN 04-1590850	Indirect Investment Fees	$16,051
ALGER1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
AMERICAN CENTURY1 year Service code 52 · EIN 43-0821857	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
DELAWARE INVESTMENTS1 year Service code 52 · EIN 23-2651520	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 27 · EIN 61-1932930	Advisory (Plan)	$0
INVESCO1 year Service code 52 · EIN 51-0097258	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
LEGG MASON1 year Service code 52 · EIN 52-1200960	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

6 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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$51K

$137 / participant

Investment mgmt$25K49.3%
Other / not subdivided$26K50.7%

% of EOY assets

2.446%

all-in expense ratio

Categories reported

1 / 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: PETERSON WHITAKER & BJORK LLC
Auditor EIN: 461138140
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,153

$65,592-61.7%

$90,161-72.1%

$69,631-63.9%

Participation rate

16.3%

77.6%-61.3pp

76.9%-60.6pp

70.7%-54.4pp

Annual return

10.42%

57.10%-46.7pp

34.89%-24.5pp

27571.02%-27560.6pp

Employer contribution / active EE

$122

$2,193-94.4%

$3,318-96.3%

$2,032-94.0%

Participant deferral / active EE

$487

$5,257-90.7%

$5,287-90.8%

$3,224-84.9%

Admin fee / account holder

$615

$86+618.2%

$5,943-89.6%

$110+457.2%

Provider

Service type

Compensation

MIDWEST PENSION & PROFIT SHARING SE2 years

Service code 13 · EIN 41-1447816

Contract Administrator

$39,545

MASSACHUSSETTS MUTUAL LIFE INSURANC1 year

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$16,051

ALGER1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

AMERICAN CENTURY1 year

Service code 52 · EIN 43-0821857

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

DELAWARE INVESTMENTS1 year

Service code 52 · EIN 23-2651520

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC

Service code 27 · EIN 61-1932930

Advisory (Plan)

INVESCO1 year

Service code 52 · EIN 51-0097258

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

LEGG MASON1 year

Service code 52 · EIN 52-1200960

Indirect Investment Fees

DATA LISTING SERVICES DBA THE CONNECTION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DATA LISTING SERVICES DBA THE CONNECTION 401(K) 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