Retirement plan

ENGAGE PEO RETIREMENT SAVINGS PLAN

Name: THE S2 HR GROUP, LLC - ENGAGE PEO RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: THE S2 HR GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENGAGE PEO RETIREMENT SAVINGS PLAN, THE S2 HR GROUP, LLC

THE S2 HR GROUP, LLCEIN 45-2441552Plan #001PY 2018

3001 EXECUTIVE DRIVE, SUITE 340 - ST. PETERSBURG, FL 33762888-780-8807

Prospect flagsLow participationLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$135.3M

-22.7% from 2016

Total participants

11,915

-11.9% from 2016

Average account balance

$23,641

-24.1% from 2016

Annual return

8.25%

+20.00 pp from 2016

Benchmarks

See 83 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants5,000-9,999

Cohort83 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.04B

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

23,364

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.

43.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124.56M

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

+35.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$173

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 5 by compensation

Provider	Service type	Compensation
SLAVIC INTEGRATED ADMINISTRATION4+ years Service code 15 · EIN 65-0608221	Recordkeeping	$641,292
SLAVIC INTEGRATED ADMINISTRATION4+ years Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP. Service code 28 · EIN 59-2749576	Investment Management	$156,498
THE S2 HR GROUP, LLC3 years Service code 14 · EIN 45-2441552	Plan Administrator	$69,082
GROOM LAW GROUP1 year Service code 29 1701 PENNSYLVANIA AVE NW · WASHINGTON, DC 20006	Legal	$52,903
WEINSTEIN ZUGMAN, LLC1 year Service code 10 · EIN 20-0453834	Accounting	$14,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$937K

$96 / participant

Investment mgmt$160K17.1%
Contract admin$710K75.8%
Other / not subdivided$67K7.1%

% of EOY assets

0.693%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEINSTEIN ZUGMAN, LLC
Auditor EIN: 200453834
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,641

$83,812-71.8%

$123,553-80.9%

$68,904-65.7%

Participation rate

36.5%

77.0%-40.5pp

82.3%-45.8pp

74.1%-37.6pp

Annual return

8.25%

0.60%+7.7pp

119.21%-111.0pp

1.07%+7.2pp

Employer contribution / active EE

$658

$2,924-77.5%

$4,628-85.8%

$2,540-74.1%

Participant deferral / active EE

$1,838

$5,609-67.2%

$6,426-71.4%

$4,015-54.2%

Admin fee / account holder

$164

$65+152.3%

$9,284-98.2%

$71+129.6%

Provider

Service type

Compensation

SLAVIC INTEGRATED ADMINISTRATION4+ years

Service code 15 · EIN 65-0608221

Recordkeeping

$641,292

SLAVIC INTEGRATED ADMINISTRATION4+ years

Filed as: SLAVIC MUTUAL FUND MANAGEMENT CORP.

Service code 28 · EIN 59-2749576

Investment Management

$156,498

THE S2 HR GROUP, LLC3 years

Service code 14 · EIN 45-2441552

Plan Administrator

$69,082

GROOM LAW GROUP1 year

Service code 29

1701 PENNSYLVANIA AVE NW · WASHINGTON, DC 20006

Legal

$52,903

WEINSTEIN ZUGMAN, LLC1 year

Service code 10 · EIN 20-0453834

Accounting

$14,000

ENGAGE PEO RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENGAGE PEO 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