Retirement plan

ADVANTA TAMPA 401(K) PLAN

Name: ADVANTA IRA SERVICES, LLC - ADVANTA TAMPA 401(K) PLAN (2017) Form 5500
Creator: ADVANTA IRA SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANTA TAMPA 401(K) PLAN, ADVANTA IRA SERVICES, LLC

ADVANTA IRA SERVICES, LLCEIN 45-0513520Plan #001PY 2017

13191 STARKEY ROAD, SUITE 9 - LARGO, FL 33773727-581-9853LinkedIn1-10 employeesinvestment banking

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$398K

+74.4% from 2016

Total participants

+37.5% from 2016

Average account balance

$39,796

+39.5% from 2016

Annual return

32.50%

+19.87 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.74M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$376K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+16.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1092

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$4K

$360 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.995%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,796

$171,867-76.8%

$149,716-73.4%

$147,585-73.0%

Participation rate

90.9%

88.2%+2.7pp

87.1%+3.8pp

82.8%+8.1pp

Annual return

32.50%

2113.36%-2080.9pp

1501.67%-1469.2pp

578.58%-546.1pp

Employer contribution / active EE

$2,789

$6,275-55.6%

$5,444-48.8%

$4,876-42.8%

Participant deferral / active EE

$5,910

$7,270-18.7%

$6,568-10.0%

$5,439+8.7%

Admin fee / account holder

$396

$13,799-97.1%

$11,282-96.5%

$10,886-96.4%

ADVANTA TAMPA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVANTA TAMPA 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