Retirement plan

OFFICE OF EXPERIENCE 401(K) PLAN AND TRUST

Name: OFFICE OF EXPERIENCE, LLC C/O CARNOW AND ASSOICATES, LTD. - OFFICE OF EXPERIENCE 401(K) PLAN AND TRUST (2018) Form 5500
Creator: OFFICE OF EXPERIENCE, LLC C/O CARNOW AND ASSOICATES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OFFICE OF EXPERIENCE 401(K) PLAN AND TRUST, OFFICE OF EXPERIENCE, LLC C/O CARNOW AND ASSOICATES, LTD.

OFFICE OF EXPERIENCE, LLC C/O CARNOW AND ASSOICATES, LTD.EIN 47-1334797Plan #001PY 2018

778 FRONTAGE ROAD, SUITE 101 - NORTHFIELD, IL 60093872-228-5126officeofexperience.comLinkedIn51-200 employeesmanagement consulting

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$848K

+46.6% from 2017

Total participants

+45.2% from 2017

Average account balance

$23,557

-10.4% from 2017

Annual return

-6.69%

-52.21 pp from 2017

Benchmarks

See 25,536 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,536 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.09M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

147.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$690K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+20.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15233

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 codes2E2F2G2J3B3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$152 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.752%

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

$23,557

$77,816-69.7%

$123,552-80.9%

$64,173-63.3%

Participation rate

78.6%

74.7%+3.9pp

82.3%-3.7pp

69.6%+9.0pp

Annual return

-6.69%

12.49%-19.2pp

119.20%-125.9pp

7.63%-14.3pp

Employer contribution / active EE

$1,147

$3,014-61.9%

$4,628-75.2%

$2,381-51.8%

Participant deferral / active EE

$6,245

$5,240+19.2%

$6,426-2.8%

$3,470+80.0%

Admin fee / account holder

$177

$5,519-96.8%

$9,285-98.1%

$4,887-96.4%

OFFICE OF EXPERIENCE 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OFFICE OF EXPERIENCE 401(K) PLAN AND 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