Retirement plan

COPPER CRM 401(K) PLAN

Name: COPPER CRM, INC. - COPPER CRM 401(K) PLAN (2022) Form 5500
Creator: COPPER CRM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COPPER CRM 401(K) PLAN, COPPER CRM, INC.

COPPER CRM, INC.EIN 45-5523339Plan #001PY 2022

301 HOWARD STREET, SUITE 600 - SAN FRANCISCO, CA 94105415-990-2970

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

-18.7% from 2021

Total participants

-23.0% from 2021

Average account balance

$41,043

+3.7% from 2021

Annual return

-18.34%

-36.73 pp from 2021

Benchmarks

See 28,001 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,001 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.77M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

300.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$238K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3080

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

Top 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930	Recordkeeping	$12,180

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$12K

$305 / participant

Contract admin$12K100.0%

% of EOY assets

0.371%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FRANK, RIMERMAN & CO., LLP
Auditor EIN: 941341042
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,043

$82,674-50.4%

$125,381-67.3%

$68,486-40.1%

Participation rate

65.0%

75.1%-10.1pp

82.4%-17.4pp

67.9%-2.9pp

Annual return

-18.34%

-5.97%-12.4pp

572.31%-590.6pp

-7.85%-10.5pp

Employer contribution / active EE

$3,382-100.0%

$4,815-100.0%

$2,597-100.0%

Participant deferral / active EE

$9,957

$6,111+62.9%

$7,448+33.7%

$4,028+147.2%

Admin fee / account holder

$152

$6,277-97.6%

$10,007-98.5%

$5,404-97.2%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5 years

Service code 15 · EIN 23-1945930

Recordkeeping

$12,180

COPPER CRM 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COPPER CRM 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