Retirement plan

ZOOX, INC. 401(K) PLAN

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

ZOOX, INC.EIN 47-1523316Plan #001PY 2019

1149 CHESS DR. - FOSTER CITY, CA 94404650-823-3966zoox.comLinkedIn1001-5000 employeesautomotive

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$18M

+154.0% from 2018

Total participants

1,128

+64.9% from 2018

Average account balance

$18,598

+49.4% from 2018

Annual return

56.74%

+56.16 pp from 2018

Benchmarks

See 239 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort239 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$222.50M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

3,099

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$64.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+30.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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
LPL FINANCIAL1 year Filed as: KW FINANCIAL SERVICES INC. Service code 55	Other Commissions	$23,305
EPIC RETIREMENT PLAN SERVICES1 year Filed as: UNITED RETIREMENT PLAN CONSULTANTS Service code 49	Other Services	$5,066
LPL FINANCIAL2 years Filed as: KW FINANCIAL SERVICES Service code 55 · EIN 06-1375177 STE 200, 100 LARKSPUR LANDING CIR · LARKSPUR, CA 94939	Other Commissions	$0
EPIC RETIREMENT PLAN SERVICES1 year Filed as: UNITED RETIREMENT PLAN CONSULTANT Service code 49 545 METRO PL S STE 240 · DUBLIN, OH 43017	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$9K

$9 / participant

Investment mgmt$9K100.0%

% of EOY assets

0.051%

all-in expense ratio

Categories reported

1 / 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: SENSIBA SAN FILIPPO LLP
Auditor EIN: 942370906
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,598

$67,598-72.5%

$75,894-75.5%

$77,775-76.1%

Participation rate

84.1%

69.6%+14.6pp

69.3%+14.8pp

73.2%+10.9pp

Annual return

56.74%

23.18%+33.6pp

30.76%+26.0pp

32.58%+24.2pp

Employer contribution / active EE

$2,430-100.0%

$2,501-100.0%

$2,504-100.0%

Participant deferral / active EE

$7,658

$3,502+118.7%

$3,603+112.5%

$3,966+93.1%

Admin fee / account holder

$96-90.2%

$5,420-99.8%

$100-90.6%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Filed as: KW FINANCIAL SERVICES INC.

Service code 55

Other Commissions

$23,305

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: UNITED RETIREMENT PLAN CONSULTANTS

Service code 49

Other Services

$5,066

LPL FINANCIAL2 years

Filed as: KW FINANCIAL SERVICES

Service code 55 · EIN 06-1375177

STE 200, 100 LARKSPUR LANDING CIR · LARKSPUR, CA 94939

Other Commissions

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: UNITED RETIREMENT PLAN CONSULTANT

Service code 49

545 METRO PL S STE 240 · DUBLIN, OH 43017

Other Services

ZOOX, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZOOX, INC. 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