Retirement plan

OWNER-OPERATOR SERVICES, INC 401(K)/PROFIT SHARING RETIREMENT PLAN

Name: OWNER-OPERATOR SERVICES, INC. - OWNER-OPERATOR SERVICES, INC 401(K)/PROFIT SHARING RETIREMENT PLAN (2020) Form 5500
Creator: OWNER-OPERATOR SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OWNER-OPERATOR SERVICES, INC 401(K)/PROFIT SHARING RETIREMENT PLAN, OWNER-OPERATOR SERVICES, INC.

OWNER-OPERATOR SERVICES, INC.EIN 43-1384897Plan #001PY 2020

1 NORTHWEST OOIDA DRIVE - GRAIN VALLEY, MO 64029816-229-5791oosi.comLinkedIn1-10 employeesinsurance

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$24.4M

+15.8% from 2019

Total participants

345

-6.0% from 2019

Average account balance

$71,181

+22.2% from 2019

Annual return

13.75%

-6.55 pp from 2019

Benchmarks

See 1,455 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,455 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.77M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

314

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$39,845
ONE ADVISORY PARTNERS LLC3 years Service code 27 5440 W 110TH STREET · OVERLAND PARK, KS 66211	Advisory (Plan)	$17,850
ONE ADVISORY PARTNERS LLC1 year Filed as: ONE ADVISORY PARTNERS, LLC. Service code 50 · EIN 45-4357540	Direct Payment	$6,342
TD AMERITRADE, INC.4 years Service code 33 · EIN 82-0543156	Direct payment from the plan; Securit...	$200

Plan features & details

Pension benefit codes2E3D2G2J2K2R2F2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$58K

$191 / participant

Investment mgmt$18K30.9%
Contract admin$40K69.1%

% of EOY assets

0.236%

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: MIZE CPAS INC.
Auditor EIN: 480882363
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,181

$111,608-36.2%

$177,848-60.0%

$73,412-3.0%

Participation rate

99.3%

87.9%+11.5pp

87.7%+11.6pp

72.2%+27.2pp

Annual return

13.75%

18.23%-4.5pp

48.33%-34.6pp

59.30%-45.5pp

Employer contribution / active EE

$1,905

$3,796-49.8%

$5,919-67.8%

$2,234-14.7%

Participant deferral / active EE

$4,337

$6,199-30.0%

$7,714-43.8%

$3,806+13.9%

Admin fee / account holder

$168

$166+1.6%

$12,431-98.6%

$158+6.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$39,845

ONE ADVISORY PARTNERS LLC3 years

Service code 27

5440 W 110TH STREET · OVERLAND PARK, KS 66211

Advisory (Plan)

$17,850

ONE ADVISORY PARTNERS LLC1 year

Filed as: ONE ADVISORY PARTNERS, LLC.

Service code 50 · EIN 45-4357540

Direct Payment

$6,342

TD AMERITRADE, INC.4 years

Service code 33 · EIN 82-0543156

Direct payment from the plan; Securit...

$200

OWNER-OPERATOR SERVICES, INC 401(K)/PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OWNER-OPERATOR SERVICES, INC 401(K)/PROFIT SHARING RETIREMENT 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