Retirement plan

AEPS CORPORATION 401(K) PLAN

Name: AEPS CORPORATION - AEPS CORPORATION 401(K) PLAN (2018) Form 5500
Creator: AEPS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AEPS CORPORATION 401(K) PLAN, AEPS CORPORATION

AEPS CORPORATIONEIN 42-1606508Plan #101PY 2018

7700 CHEVY CHASE DR. SUITE 230 - AUSTIN, TX 78752512-380-9700LinkedIn1-10 employees

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.6M

+0.1% from 2017

Total participants

1,130

-20.0% from 2017

Average account balance

$16,999

+31.6% from 2017

Annual return

-5.11%

-18.45 pp from 2017

Benchmarks

See 691 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort691 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.42M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

178

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.

75.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$678K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$463

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 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$72,185
TAG RESOURCES, LLC4+ years Service code 15 · EIN 62-1874769	Recordkeeping	$66,675
COULTER & JUSTUS4+ years Service code 10 · EIN 62-1532536	Accounting	$3,800

Plan features & details

Pension benefit codes2T2J2F2G3D

Plan features

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$143K

$161 / participant

Contract admin$139K97.3%
Other / not subdivided$4K2.7%

% of EOY assets

1.349%

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: COULTER & JUSTUS
Auditor EIN: 621532536
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,999

$44,473-61.8%

$76,518-77.8%

$55,725-69.5%

Participation rate

42.8%

51.0%-8.2pp

68.0%-25.2pp

70.9%-28.1pp

Annual return

-5.11%

-2.01%-3.1pp

-0.27%-4.8pp

244.93%-250.0pp

Employer contribution / active EE

$2,747

$1,101+149.5%

$2,647+3.8%

$2,078+32.2%

Participant deferral / active EE

$552

$1,988-72.2%

$3,836-85.6%

$3,356-83.5%

Admin fee / account holder

$229

$134+71.0%

$4,849-95.3%

$115+99.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$72,185

TAG RESOURCES, LLC4+ years

Service code 15 · EIN 62-1874769

Recordkeeping

$66,675

COULTER & JUSTUS4+ years

Service code 10 · EIN 62-1532536

Accounting

$3,800

AEPS CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AEPS CORPORATION 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