Retirement plan

GOLDEN SVCS, LLC 401(K) PLAN & TRUST FOR COLLECTIVE BARGAINING UNIT

Name: GOLDEN SVCS, LLC - GOLDEN SVCS, LLC 401(K) PLAN & TRUST FOR COLLECTIVE BARGAINING UNIT (2017) Form 5500
Creator: GOLDEN SVCS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDEN SVCS, LLC 401(K) PLAN & TRUST FOR COLLECTIVE BARGAINING UNIT, GOLDEN SVCS, LLC

GOLDEN SVCS, LLCEIN 46-0864606Plan #002PY 2017

72 MITCHELL RD - OAK RIDGE, TN 37830865-360-9185goldsvcs.comLinkedIn201-500 employeessecurity and investigations

Other plans on this EIN

1 filing

#001Retirement-$4.6M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$6.1M

+32.5% from 2016

Total participants

296

+62.6% from 2016

Average account balance

$34,585

+21.2% from 2016

Annual return

17.07%

+6.76 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-107.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE2 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$47,538
LINCOLN NATIONAL CORPORATION1 year Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 52 1300 S. CLINTON ST · FORT WAYNE, IN 46802	Indirect Investment Fees	$24,953
PENTEGRA SERVICES, INC.1 year Filed as: APS-PENTEGRA Service code 15 · EIN 13-3892096 6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004	Recordkeeping	$5,897
IRON-CO-FID-COMPREHENSIVE2 years Filed as: IRON CO FID TRADITIONAL Service code 22 · EIN 26-2409128 630 DUNDEE RD. SUITE 200 · NORTHBROOK, IL 60062	Insurance Broker	$4,111
NATIONWIDE2 years Filed as: NATIONWIDE LIFE INS CO Service code 22 · EIN 31-4156830 10 W. NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Insurance Broker	$1,028

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

$58K

$210 / participant

Other / not subdivided$58K100.0%

% of EOY assets

0.949%

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: CLARUS PARTNERS
Auditor EIN: 261347383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,585

$31,424+10.1%

$81,473-57.6%

$69,631-50.3%

Participation rate

56.9%

50.8%+6.0pp

68.0%-11.1pp

70.7%-13.8pp

Annual return

17.07%

22.44%-5.4pp

38.78%-21.7pp

27571.02%-27554.0pp

Employer contribution / active EE

$2,260

$1,029+119.7%

$2,568-12.0%

$2,032+11.2%

Participant deferral / active EE

$2,669

$1,838+45.2%

$3,537-24.5%

$3,224-17.2%

Admin fee / account holder

$328

$103+219.9%

$4,561-92.8%

$110+197.2%

Provider

Service type

Compensation

NATIONWIDE2 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$47,538

LINCOLN NATIONAL CORPORATION1 year

Filed as: LINCOLN FINANCIAL ADVISORS CORP

Service code 52

1300 S. CLINTON ST · FORT WAYNE, IN 46802

Indirect Investment Fees

$24,953

PENTEGRA SERVICES, INC.1 year

Filed as: APS-PENTEGRA

Service code 15 · EIN 13-3892096

6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004

Recordkeeping

$5,897

IRON-CO-FID-COMPREHENSIVE2 years

Filed as: IRON CO FID TRADITIONAL

Service code 22 · EIN 26-2409128

630 DUNDEE RD. SUITE 200 · NORTHBROOK, IL 60062

Insurance Broker

$4,111

NATIONWIDE2 years

Filed as: NATIONWIDE LIFE INS CO

Service code 22 · EIN 31-4156830

10 W. NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Insurance Broker

$1,028

GOLDEN SVCS, LLC 401(K) PLAN & TRUST FOR COLLECTIVE BARGAINING UNIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDEN SVCS, LLC 401(K) PLAN & TRUST FOR COLLECTIVE BARGAINING UNIT

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