Retirement plan

ZOOX, INC. 401(K) PLAN

Name: ZOOX, INC. - ZOOX, INC. 401(K) PLAN (2020) 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 2020

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

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$35.6M

+97.8% from 2019

Total participants

1,412

+25.2% from 2019

Average account balance

$27,852

+49.8% from 2019

Annual return

46.65%

-10.09 pp from 2019

Benchmarks

See 238 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort238 peers

Snapshot2020

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 5 by compensation

Provider	Service type	Compensation
THREE BELL CAPITAL LLC1 year Service code 99	Other Fees	$39,790
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 49 · EIN 71-0294708 PO BOX 806 · ROSEVILLE, CA 95661	Other Services	$8,103
LPL FINANCIAL1 year Filed as: KW FINANCIAL SERVICES, INC. Service code 55	Other Commissions	$5,987
LPL FINANCIAL3 years Filed as: KW FINANCIAL SERVICES Service code 55 · EIN 06-1375177 STE 200, 100 LARKSPUR LANDING CIR · LARKSPUR, OH 94939	Other Commissions	$0
THREE BELL CAPITAL LLC1 year Filed as: THREE BELL CAPITAL, LLC Service code 99 · EIN 45-3567626	Other Fees	$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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$23K

$22 / participant

Investment mgmt$23K100.0%

% of EOY assets

0.065%

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

$27,852

$74,462-62.6%

$81,991-66.0%

$90,274-69.1%

Participation rate

87.1%

69.7%+17.4pp

69.3%+17.9pp

73.4%+13.8pp

Annual return

46.65%

17.56%+29.1pp

41.31%+5.3pp

53.97%-7.3pp

Employer contribution / active EE

$2,334-99.9%

$2,498-99.9%

$2,523-99.9%

Participant deferral / active EE

$11,250

$3,602+212.3%

$3,722+202.2%

$4,231+165.9%

Admin fee / account holder

$18

$98-81.5%

$5,665-99.7%

$114-84.1%

Provider

Service type

Compensation

THREE BELL CAPITAL LLC1 year

Service code 99

Other Fees

$39,790

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 49 · EIN 71-0294708

PO BOX 806 · ROSEVILLE, CA 95661

Other Services

$8,103

LPL FINANCIAL1 year

Filed as: KW FINANCIAL SERVICES, INC.

Service code 55

Other Commissions

$5,987

LPL FINANCIAL3 years

Filed as: KW FINANCIAL SERVICES

Service code 55 · EIN 06-1375177

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

Other Commissions

THREE BELL CAPITAL LLC1 year

Filed as: THREE BELL CAPITAL, LLC

Service code 99 · EIN 45-3567626

Other Fees

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