Retirement plan

OVERDRIVE MARKETING COMMUNICATIONS 401(K) PROFIT SHARING PLAN & TRUST

Name: OVERDRIVE MARKETING COMMUNICATIONS, LLC - OVERDRIVE MARKETING COMMUNICATIONS 401(K) PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: OVERDRIVE MARKETING COMMUNICATIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OVERDRIVE MARKETING COMMUNICATIONS 401(K) PROFIT SHARING PLAN & TRUST, OVERDRIVE MARKETING COMMUNICATIONS, LLC

OVERDRIVE MARKETING COMMUNICATIONS, LLCEIN 46-0501653Plan #001PY 2017

38 EVERETT ST - ALLSTON, MA 021341963617-254-5000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+29.1% from 2016

Total participants

+9.1% from 2016

Average account balance

$59,765

+22.5% from 2016

Annual return

23.98%

+15.59 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.51M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$383K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24806

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 codes2T3B2E2F2G2J3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

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

$172K

$4786 / participant

Other / not subdivided$172K100.0%

% of EOY assets

7.391%

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

$59,765

$85,766-30.3%

$136,298-56.2%

$70,126-14.8%

Participation rate

75.0%

74.2%+0.8pp

81.9%-6.9pp

69.5%+5.5pp

Annual return

23.98%

31.46%-7.5pp

5156.27%-5132.3pp

73.15%-49.2pp

Employer contribution / active EE

$881

$2,966-70.3%

$4,696-81.2%

$2,343-62.4%

Participant deferral / active EE

$6,379

$5,051+26.3%

$6,247+2.1%

$3,332+91.5%

Admin fee / account holder

$4,417

$5,421-18.5%

$9,244-52.2%

$4,645-4.9%

OVERDRIVE MARKETING COMMUNICATIONS 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OVERDRIVE MARKETING COMMUNICATIONS 401(K) PROFIT SHARING PLAN & TRUST

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