Retirement plan

URSUS INC 401K AND PROFIT SHARING PLAN

Name: URSUS INC - URSUS INC 401K AND PROFIT SHARING PLAN (2021) Form 5500
Creator: URSUS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, URSUS INC 401K AND PROFIT SHARING PLAN, URSUS INC

URSUS INCEIN 47-4157983Plan #001PY 2021

15105 CONCORD CIR, STE 210F - MORGAN HILL, CA 95037408-415-7983ursusinc.comLinkedIn51-200 employeesstaffing and recruiting

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.2M

+91.7% from 2020

Total participants

203

+6.8% from 2020

Average account balance

$22,386

+63.3% from 2020

Annual return

43.18%

+9.09 pp from 2020

Benchmarks

See 1,089 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,089 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.71M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

125

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.

28.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5826

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

Top 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399	Recordkeeping	$4,688
TAG RESOURCES, LLC1 year Service code 15 · EIN 62-1874769	Recordkeeping	$3,613
ADP BROKER-DEALER1 year Service code 49 · EIN 22-3319984	Other Services	$1,328

Plan features & details

Pension benefit codes2E2J2F2G3D2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$10K

$47 / participant

Investment mgmt$10K100.0%

% of EOY assets

0.797%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COULTER & JUSTUS
Auditor EIN: 621532536
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,386

$79,694-71.9%

$96,171-76.7%

$79,391-71.8%

Participation rate

26.6%

54.0%-27.4pp

68.4%-41.8pp

70.7%-44.1pp

Annual return

43.18%

40.84%+2.3pp

192.04%-148.9pp

116.88%-73.7pp

Employer contribution / active EE

$850

$1,443-41.1%

$2,799-69.6%

$2,428-65.0%

Participant deferral / active EE

$2,318

$2,539-8.7%

$4,350-46.7%

$4,046-42.7%

Admin fee / account holder

$178

$630-71.7%

$5,538-96.8%

$627-71.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA FINANCIAL LIFE INS

Service code 15 · EIN 36-6071399

Recordkeeping

$4,688

TAG RESOURCES, LLC1 year

Service code 15 · EIN 62-1874769

Recordkeeping

$3,613

ADP BROKER-DEALER1 year

Service code 49 · EIN 22-3319984

Other Services

$1,328

URSUS INC 401K AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

URSUS INC 401K AND PROFIT SHARING 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