Retirement plan

SUBMITTABLE 401(K) PLAN

Name: SUBMITTABLE HOLDINGS INC. - SUBMITTABLE 401(K) PLAN (2020) Form 5500
Creator: SUBMITTABLE HOLDINGS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUBMITTABLE 401(K) PLAN, SUBMITTABLE HOLDINGS INC.

SUBMITTABLE HOLDINGS INC.EIN 47-5485414Plan #001PY 2020

P.O. BOX 8255 - MISSOULA, MT 59807855-467-8264

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.3M

+87.7% from 2019

Total participants

136

-2.9% from 2019

Average account balance

$21,235

+75.4% from 2019

Annual return

51.87%

-31.97 pp from 2019

Benchmarks

See 3,014 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,014 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.73M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

266

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.

82.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+74.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$296

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 1 by compensation

Provider	Service type	Compensation
HUMAN INTEREST ADVISOR LLC1 year Filed as: HUMAN INTEREST ADVISORS LLC Service code 13 · EIN 47-4307706 300 MONTGOMERY STREET, STE 350 · SAN FRANCISCO, CA 94101	Contract Administrator	$6,111

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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

$8K

$88 / participant

Investment mgmt$6K75.6%
Other / not subdivided$2K24.4%

% of EOY assets

0.356%

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: ANDERSON ZURMUEHLEN
Auditor EIN: 810385940
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,235

$70,475-69.9%

$100,530-78.9%

$79,858-73.4%

Participation rate

68.5%

73.7%-5.2pp

79.4%-10.9pp

69.6%-1.2pp

Annual return

51.87%

21.90%+30.0pp

30.89%+21.0pp

31.72%+20.2pp

Employer contribution / active EE

$2,165-100.0%

$3,418-100.0%

$2,471-100.0%

Participant deferral / active EE

$5,425

$5,181+4.7%

$6,271-13.5%

$3,740+45.0%

Admin fee / account holder

$76

$4,478-98.3%

$8,083-99.1%

$5,306-98.6%

Provider

Service type

Compensation

HUMAN INTEREST ADVISOR LLC1 year

Filed as: HUMAN INTEREST ADVISORS LLC

Service code 13 · EIN 47-4307706

300 MONTGOMERY STREET, STE 350 · SAN FRANCISCO, CA 94101

Contract Administrator

$6,111

SUBMITTABLE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUBMITTABLE 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