Retirement plan

UBF CONSULTING GROUP 401(K)PROFIT SHARING PLAN

Name: ALAN FONG INSURANCE SERVICES, INC. DBA UBF CONSULTING - UBF CONSULTING GROUP 401(K)PROFIT SHARING PLAN (2015) Form 5500
Creator: ALAN FONG INSURANCE SERVICES, INC. DBA UBF CONSULTING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UBF CONSULTING GROUP 401(K)PROFIT SHARING PLAN, ALAN FONG INSURANCE SERVICES, INC. DBA UBF CONSULTING

ALAN FONG INSURANCE SERVICES, INC. DBA UBF CONSULTINGEIN 45-0518139Plan #002PY 2015

5858 HORTON ST, SUITE 350 - EMERYVILLE, CA 94608510-594-5386

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$502K

No prior year

Total participants

No prior year

Average account balance

$62,755

No prior year

Annual return

1.71%

No prior year

Benchmarks

See 27,820 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort27,820 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.03M

Not enough data

1 years with asset history on file

Average account balance

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

$256K

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.

44.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26K

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2289

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 codes2E2F2G2J3D

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.
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.
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

$690K

$62755 / participant

Other / not subdivided$690K100.0%

% of EOY assets

137.501%

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

$62,755

$140,592-55.4%

$123,106-49.0%

$125,393-50.0%

Participation rate

54.5%

88.2%-33.7pp

86.8%-32.2pp

83.2%-28.6pp

Annual return

1.71%

16.80%-15.1pp

13.22%-11.5pp

282.23%-280.5pp

Employer contribution / active EE

$1,498

$6,041-75.2%

$5,151-70.9%

$4,866-69.2%

Participant deferral / active EE

$6,112

$6,980-12.4%

$6,229-1.9%

$5,351+14.2%

Admin fee / account holder

$86,288

$11,198+670.6%

$9,015+857.2%

$9,541+804.4%

UBF CONSULTING GROUP 401(K)PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UBF CONSULTING GROUP 401(K)PROFIT SHARING 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