Retirement plan

STARFISH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: STARFISH HOLDINGS, INC. - STARFISH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: STARFISH HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STARFISH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, STARFISH HOLDINGS, INC.

STARFISH HOLDINGS, INC.EIN 47-1834100Plan #003PY 2017

500 BOULEVARD SOUTH, SUITE 102 - HUNTSVILLE, AL 35802256-319-6000starfishholdings.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$77.5M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$156.6M

-26.9% from 2016

Total participants

815

-25.9% from 2016

Average account balance

$195,697

-1.5% from 2016

Annual return

25.61%

+9.71 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

Participant deferral / active EE

median $5,393

Employer contribution / active EE

$5,636

median $1,891

Participation rate

98.1%

median 85.9%

Avg account balance

$195,697

median $54,184

Admin fee / account holder

median $57

Annual return

25.61%

median 19.36%

Overall peer rank

71of 100

71st percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$515.37M

Average account balance

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

$262K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,966

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.5%

Contributions (total)

Employer and participant dollars contributed each year

$50.73M

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+5.88%

Admin fee / account holder

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

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

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 codes2E2I2K2O2Q3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WARREN AVERETT LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,697

$155,795+25.6%

$136,298+43.6%

$69,634+181.0%

Participation rate

98.1%

75.2%+22.8pp

81.9%+16.1pp

70.7%+27.4pp

Annual return

25.61%

232464.33%-232438.7pp

5156.27%-5130.7pp

27572.26%-27546.7pp

Employer contribution / active EE

$5,636

$2,991+88.5%

$4,696+20.0%

$2,032+177.4%

Participant deferral / active EE

$5,394-100.0%

$6,247-100.0%

$3,224-100.0%

Admin fee / account holder

$128-100.0%

$9,244-100.0%

$110-100.0%

STARFISH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STARFISH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP 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