Retirement plan

XENDIT 401(K) PLAN

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

XENDIT INCORPORATEDEIN 46-5608317Plan #001PY 2019

1326 MEREDITH WAY - CARMICHAEL, CA 95608415-570-9244

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$119K

+215.9% from 2018

Total participants

+37.5% from 2018

Average account balance

$14,911

+137.0% from 2018

Annual return

38.65%

+38.65 pp from 2018

Benchmarks

See 8,833 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,833 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$674K

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

155.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6124

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 codes2E2J2F2G3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$308

$31 / participant

Other / not subdivided$308100.0%

% of EOY assets

0.258%

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

$14,911

$107,934-86.2%

$91,989-83.8%

$152,870-90.2%

Participation rate

70.0%

81.2%-11.2pp

78.6%-8.6pp

82.4%-12.4pp

Annual return

38.65%

89.25%-50.6pp

69.02%-30.4pp

345.34%-306.7pp

Employer contribution / active EE

$4,210-100.0%

$3,452-100.0%

$4,763-100.0%

Participant deferral / active EE

$6,694

$6,364+5.2%

$5,923+13.0%

$5,850+14.4%

Admin fee / account holder

$39

$10,520-99.6%

$7,743-99.5%

$11,597-99.7%

XENDIT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

XENDIT 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