Retirement plan

HIGHSTREET IT SOLUTIONS, LLC. 401(K) PLAN

Name: HIGHSTREET IT SOLUTIONS, LLC. - HIGHSTREET IT SOLUTIONS, LLC. 401(K) PLAN (2015) Form 5500
Creator: HIGHSTREET IT SOLUTIONS, LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGHSTREET IT SOLUTIONS, LLC. 401(K) PLAN, HIGHSTREET IT SOLUTIONS, LLC.

HIGHSTREET IT SOLUTIONS, LLC.EIN 46-2499428Plan #001PY 2015

8480 E. ORCHARD RD. SUITE 6200 - GREENWOOD VILLAGE, CO 80111303-802-5205

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$12.7M

No prior year

Total participants

237

No prior year

Average account balance

$83,336

No prior year

Annual return

0.76%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.71M

Not enough data

1 years with asset history on file

Average account balance

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

$171K

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.

115

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$251

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$58,907
EKS&H LLLP1+ years Service code 10 7979 E TUFTS AVE STE 400 · DENVER, CO 802372521	Accounting	$13,008
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL LLC Service code 27 PO BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$12,500
USI CONSULTING GROUP1+ years Filed as: USI ADVISORS, INC. Service code 27 95 GLASTONBURY BLVD STE 102 · GLASTONBURY, CT 06033	Advisory (Plan)	$7,574

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

Plan features

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.
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

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

$92K

$469 / participant

Investment mgmt$20K21.8%
Contract admin$59K64.0%
Other / not subdivided$13K14.1%

% of EOY assets

0.726%

all-in expense ratio

Categories reported

2 / 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: EKS&H, LLLP
Auditor EIN: 461497033
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,336

$70,002+19.0%

$115,038-27.6%

$52,331+59.3%

Participation rate

56.6%

72.1%-15.5pp

81.4%-24.7pp

68.1%-11.5pp

Annual return

0.76%

4.04%-3.3pp

26.14%-25.4pp

4.54%-3.8pp

Employer contribution / active EE

$963

$2,715-64.5%

$4,608-79.1%

$1,882-48.8%

Participant deferral / active EE

$6,817

$4,920+38.6%

$6,026+13.1%

$3,022+125.6%

Admin fee / account holder

$605

$566+6.9%

$8,175-92.6%

$592+2.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$58,907

EKS&H LLLP1+ years

Service code 10

7979 E TUFTS AVE STE 400 · DENVER, CO 802372521

Accounting

$13,008

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL LLC

Service code 27

PO BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$12,500

USI CONSULTING GROUP1+ years

Filed as: USI ADVISORS, INC.

Service code 27

95 GLASTONBURY BLVD STE 102 · GLASTONBURY, CT 06033

Advisory (Plan)

$7,574

HIGHSTREET IT SOLUTIONS, LLC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGHSTREET IT SOLUTIONS, LLC. 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