Retirement plan

ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC.

Name: ARCHBRIGHT MULTIPLE EMPLOYER PLAN BOARD OF DIRECTORS - ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC. (2020) Form 5500
Creator: ARCHBRIGHT MULTIPLE EMPLOYER PLAN BOARD OF DIRECTORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC., ARCHBRIGHT MULTIPLE EMPLOYER PLAN BOARD OF DIRECTORS

ARCHBRIGHT MULTIPLE EMPLOYER PLAN BOARD OF DIRECTORSEIN 47-1833207Plan #001PY 2020

701 WESTCHESTER AVENUE, SUITE 320E - WHITE PLAINS, NY 10604800-872-3473

Other plans on this EIN

10 filings

#005Retirement-$4.1M assets #010Retirement-$3.5M assets #014Retirement-$3.3M assets #016Retirement-$3.1M assets #012Retirement-$2.8M assets #009Retirement-$1.8M assets #013Retirement-$1.7M assets #002Retirement-$1.6M assets #015Retirement-$1.3M assets #004Retirement-$786K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.5M

+12.7% from 2019

Total participants

143

+7.5% from 2019

Average account balance

$73,650

+4.9% from 2019

Annual return

13.09%

-7.82 pp from 2019

Benchmarks

See 26,426 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,426 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$11.61M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

148

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+17.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$373

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

See the 9-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PENTEGRA SERVICES, INC.2 years Service code 15 · EIN 13-3745616	Recordkeeping	$28,393
TRUTINA FINANCIAL2 years Service code 26 · EIN 20-2951773	Advisory (Participants)	$16,487
RELIANCE TRUST COMPANY1 year Filed as: RELIANCE TRUST Service code 18 · EIN 58-1428634	Custodial (other than securities)	$2,604

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

1 tripped

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

$47K

$516 / participant

Investment mgmt$16K34.7%
Other / not subdivided$31K65.3%

% of EOY assets

0.451%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: MAYER HOFFMAN MCCANN, P.C
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,650

$98,750-25.4%

$149,696-50.8%

$79,858-7.8%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

13.09%

27.43%-14.3pp

276.60%-263.5pp

31.71%-18.6pp

Employer contribution / active EE

$2,974

$3,216-7.5%

$4,644-36.0%

$2,471+20.4%

Participant deferral / active EE

$6,948

$5,680+22.3%

$6,842+1.6%

$3,740+85.8%

Admin fee / account holder

$332

$6,053-94.5%

$9,309-96.4%

$5,306-93.7%

Provider

Service type

Compensation

PENTEGRA SERVICES, INC.2 years

Service code 15 · EIN 13-3745616

Recordkeeping

$28,393

TRUTINA FINANCIAL2 years

Service code 26 · EIN 20-2951773

Advisory (Participants)

$16,487

RELIANCE TRUST COMPANY1 year

Filed as: RELIANCE TRUST

Service code 18 · EIN 58-1428634

Custodial (other than securities)

$2,604

ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARCHBRIGHT MULTIPLE EMPLOYER PLAN AS ADOPTED BY ASSOCIATION SERVICES OF WASHINGTON, INC.

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