Retirement plan

GPAC, LLP 401(K) PLAN

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

GPAC, LLPEIN 46-0412636Plan #001PY 2019

116 WEST 69TH STREET - SIOUX FALLS, SD 57108605-367-6939

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.6M

+45.0% from 2018

Total participants

159

+16.9% from 2018

Average account balance

$58,631

+24.9% from 2018

Annual return

25.30%

+32.05 pp from 2018

Benchmarks

See 1,045 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,045 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.27M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

311

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.

83.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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 3 by compensation

Provider	Service type	Compensation
SECURITY NATIONAL BANK1 year Service code 21 · EIN 42-0943319	Bank Trustee	$570
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$130
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO INC Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2K2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$700

$5 / participant

Investment mgmt$700100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HENJES CONNER AND WILLIAMS PC
Auditor EIN: 481292483
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,631

$38,365+52.8%

$84,628-30.7%

$65,185-10.1%

Participation rate

77.5%

55.7%+21.9pp

68.2%+9.3pp

70.2%+7.3pp

Annual return

25.30%

32.00%-6.7pp

258.80%-233.5pp

29.38%-4.1pp

Employer contribution / active EE

$3,359

$1,258+166.9%

$2,653+26.6%

$2,177+54.3%

Participant deferral / active EE

$5,246

$2,278+130.3%

$3,900+34.5%

$3,514+49.3%

Admin fee / account holder

$451-98.8%

$4,914-99.9%

$847-99.4%

Provider

Service type

Compensation

SECURITY NATIONAL BANK1 year

Service code 21 · EIN 42-0943319

Bank Trustee

$570

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$130

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO INC

Service code 19 · EIN 94-1737782

Securities Custodian

GPAC, LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GPAC, LLP 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