Retirement plan

KASEYA 401(K) PROFIT SHARING PLAN

Name: KASEYA US SALES, LLC - KASEYA 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: KASEYA US SALES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KASEYA 401(K) PROFIT SHARING PLAN, KASEYA US SALES, LLC

KASEYA US SALES, LLCEIN 46-0522543Plan #001PY 2018

26 WEST 17TH ST, FLOOR 9 - NEW YORK, NY 10011415-694-5700kaseya.comLinkedIn5001-10000 employeescomputer software

Prospect flagsLow participationLow assets / participantLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$6M

-15.5% from 2017

Total participants

782

+93.6% from 2017

Average account balance

$18,641

-1.4% from 2017

Annual return

-4.89%

-24.06 pp from 2017

Benchmarks

See 500 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort500 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$143.70M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

3,176

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.

86.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$157

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 10 of 19 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3 years Filed as: T. ROWE PRICE RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$44,938
ALLIANCE PENSION CONSULTANTS, LLC1 year Filed as: ALLIANCE FUNDS Service code 28 · EIN 13-3191825	Investment Management	$0
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY INVESTMENT MANAGEM Service code 28 · EIN 20-0623152	Investment Management	$0
BLACKROCK1 year Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
COLUMBIA1 year Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
THE BANK OF NEW YORK MELLON1 year Filed as: DREYFUS Service code 28 · EIN 13-5673135	Investment Management	$0
DWS FUNDS1 year Filed as: DWS INVESTMENTS Service code 28 · EIN 13-3241232	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
FRANKLIN TEMPLETON1 year Service code 28 · EIN 13-2670991	Investment Management	$0
ALGER1 year Filed as: FRED ALGER FUNDS Service code 28 P.O. BOX 8480 · BOSTON, MA 022668480	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$45K

$83 / participant

Other / not subdivided$45K100.0%

% of EOY assets

0.744%

all-in expense ratio

Categories reported

0 / 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: GRASSI & CO., CPAS, P.C.
Auditor EIN: 113266576
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,641

$62,543-70.2%

$83,322-77.6%

$55,725-66.5%

Participation rate

15.3%

78.4%-63.0pp

77.8%-62.4pp

70.9%-55.5pp

Annual return

-4.89%

14.85%-19.7pp

10.64%-15.5pp

244.93%-249.8pp

Employer contribution / active EE

$2,427-100.0%

$3,379-100.0%

$2,078-100.0%

Participant deferral / active EE

$1,783

$5,682-68.6%

$5,565-68.0%

$3,356-46.9%

Admin fee / account holder

$139

$103+34.5%

$7,540-98.2%

$115+20.4%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3 years

Filed as: T. ROWE PRICE RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

$44,938

ALLIANCE PENSION CONSULTANTS, LLC1 year

Filed as: ALLIANCE FUNDS

Service code 28 · EIN 13-3191825

Investment Management

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY INVESTMENT MANAGEM

Service code 28 · EIN 20-0623152

Investment Management

BLACKROCK1 year

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

COLUMBIA1 year

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

THE BANK OF NEW YORK MELLON1 year

Filed as: DREYFUS

Service code 28 · EIN 13-5673135

Investment Management

DWS FUNDS1 year

Filed as: DWS INVESTMENTS

Service code 28 · EIN 13-3241232

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

FRANKLIN TEMPLETON1 year

Service code 28 · EIN 13-2670991

Investment Management

ALGER1 year

Filed as: FRED ALGER FUNDS

Service code 28

P.O. BOX 8480 · BOSTON, MA 022668480

Investment Management

KASEYA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KASEYA 401(K) PROFIT SHARING 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