Retirement plan

JOURNEY GROUP 401(K) PLAN

Name: JOURNEY GROUP COMPANIES - JOURNEY GROUP 401(K) PLAN (2019) Form 5500
Creator: JOURNEY GROUP COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOURNEY GROUP 401(K) PLAN, JOURNEY GROUP COMPANIES

JOURNEY GROUP COMPANIESEIN 46-0189350Plan #001PY 2019

4500 WEST 58TH STREET - SIOUX FALLS, SD 57108605-332-5968

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$15.2M

+24.6% from 2018

Total participants

314

-1.6% from 2018

Average account balance

$50,167

+25.1% from 2018

Annual return

21.77%

+27.43 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$26.14M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

405

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.74M

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$430

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

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Service code 49 · EIN 04-1590850	Other Services	$79,152
SILVERSTONE ASSET MANAGEMENT INC3 years Filed as: SILVERSTONE ASSET MANAGEMENT INC. Service code 27 · EIN 20-1113894	Advisory (Plan)	$34,085
DELAWARE INVESTMENTS3 years Service code 52 · EIN 23-2450217	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 93-6305075	Indirect Investment Fees	$0
IVY FUNDS3 years Service code 52 · EIN 04-6006759	Indirect Investment Fees	$0
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Filed as: JOHN HANCOCK Service code 52 · EIN 04-3279774	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY3 years Filed as: JP MORGAN Service code 52 · EIN 26-3613641	Indirect Investment Fees	$0
LEGG MASON3 years Service code 52 · EIN 13-4146187	Indirect Investment Fees	$0
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: PUTNAM Service code 52 · EIN 04-6013712	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.3 years Filed as: VANGUARD Service code 52 · EIN 23-2311358	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$79K

$275 / participant

Investment mgmt$71K90.0%
Contract admin$8K10.0%

% of EOY assets

0.522%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EIDE BAILLEY
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,167

$66,601-24.7%

$92,893-46.0%

$67,579-25.8%

Participation rate

95.8%

72.5%+23.3pp

76.0%+19.8pp

71.3%+24.6pp

Annual return

21.77%

92.58%-70.8pp

109.41%-87.6pp

378.56%-356.8pp

Employer contribution / active EE

$2,025

$2,775-27.0%

$3,653-44.6%

$2,148-5.7%

Participant deferral / active EE

$3,958

$3,157+25.4%

$4,236-6.6%

$3,539+11.8%

Admin fee / account holder

$262

$199+31.8%

$5,794-95.5%

$142+84.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Service code 49 · EIN 04-1590850

Other Services

$79,152

SILVERSTONE ASSET MANAGEMENT INC3 years

Filed as: SILVERSTONE ASSET MANAGEMENT INC.

Service code 27 · EIN 20-1113894

Advisory (Plan)

$34,085

DELAWARE INVESTMENTS3 years

Service code 52 · EIN 23-2450217

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 93-6305075

Indirect Investment Fees

IVY FUNDS3 years

Service code 52 · EIN 04-6006759

Indirect Investment Fees

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Filed as: JOHN HANCOCK

Service code 52 · EIN 04-3279774

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY3 years

Filed as: JP MORGAN

Service code 52 · EIN 26-3613641

Indirect Investment Fees

LEGG MASON3 years

Service code 52 · EIN 13-4146187

Indirect Investment Fees

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: PUTNAM

Service code 52 · EIN 04-6013712

Indirect Investment Fees

THE VANGUARD GROUP, INC.3 years

Filed as: VANGUARD

Service code 52 · EIN 23-2311358

Indirect Investment Fees

JOURNEY GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOURNEY GROUP 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