Retirement plan

IAP WORLDWIDE SERVICES RETIREMENT SAVINGS PLAN

Name: IAP WORLDWIDE SERVICES, INC. - IAP WORLDWIDE SERVICES RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: IAP WORLDWIDE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IAP WORLDWIDE SERVICES RETIREMENT SAVINGS PLAN, IAP WORLDWIDE SERVICES, INC.

IAP WORLDWIDE SERVICES, INC.EIN 42-1628757Plan #004PY 2015

7315 N. ATLANTIC AVE - CAPE CANAVERAL, FL 32920321-784-7218

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$129.5M

No prior year

Total participants

3,245

No prior year

Average account balance

$51,756

No prior year

Annual return

2.62%

No prior year

Benchmarks

See 258 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort258 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$150.09M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

1,556

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.

29.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPTRUST FINANCIAL A Service code 27 · EIN 45-0479693	Advisory (Plan)	$35,991
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$28,872
SMITH & HOWARD, PC1+ years Filed as: SMITH & HOWARD Service code 10 · EIN 58-1250486	Accounting	$12,500

Plan features & details

Pension benefit codes2F2G2J2T2E

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$86K

$51 / participant

Investment mgmt$8K9.6%
Other / not subdivided$78K90.4%

% of EOY assets

0.066%

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: SMITH & HOWARD
Auditor EIN: 581250486
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,756

$30,979+67.1%

$67,704-23.6%

$59,188-12.6%

Participation rate

55.8%

40.5%+15.2pp

67.5%-11.8pp

69.4%-13.7pp

Annual return

2.62%

-1.74%+4.4pp

25.41%-22.8pp

5.51%-2.9pp

Employer contribution / active EE

$2,438

$807+202.0%

$2,559-4.7%

$2,098+16.2%

Participant deferral / active EE

$3,572

$1,603+122.9%

$3,585-0.4%

$3,265+9.4%

Admin fee / account holder

$34

$81-57.7%

$4,255-99.2%

$92-62.8%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC1+ years

Filed as: CAPTRUST FINANCIAL A

Service code 27 · EIN 45-0479693

Advisory (Plan)

$35,991

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$28,872

SMITH & HOWARD, PC1+ years

Filed as: SMITH & HOWARD

Service code 10 · EIN 58-1250486

Accounting

$12,500

IAP WORLDWIDE SERVICES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IAP WORLDWIDE SERVICES RETIREMENT SAVINGS 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