Retirement plan

INDYNE, INC. 401(K) PLAN

Name: INDYNE, INC. - INDYNE, INC. 401(K) PLAN (2018) Form 5500
Creator: INDYNE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDYNE, INC. 401(K) PLAN, INDYNE, INC.

INDYNE, INC.EIN 52-1395799Plan #001PY 2018

4050 S FERDON BLVD - CRESTVIEW, FL 32536850-398-8655

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$64.1M

-13.2% from 2017

Total participants

914

+12.3% from 2017

Average account balance

$77,868

-19.1% from 2017

Annual return

-4.01%

-19.61 pp from 2017

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.48M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

635

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.

54.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+17.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$155

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 4 by compensation

Provider	Service type	Compensation
PENSIONMARK FINANCIAL GROUP LLC4+ years Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101	Advisory (Plan)	$64,846
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$990
TD AMERITRADE, INC.4+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$917
QDRO CONSULTANTS COMPANY, LLC4+ years Filed as: QDRO CONSULTANTS CO LLC Service code 99 3071 PEARL ROAD · MEDINA, OH 44256	Other Fees	$300

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$67K

$175 / participant

Investment mgmt$66K98.1%
Contract admin$9901.5%
Other / not subdivided$3000.4%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

2 / 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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,868

$75,388+3.3%

$123,549-37.0%

$55,725+39.7%

Participation rate

76.2%

75.7%+0.6pp

82.3%-6.1pp

70.9%+5.4pp

Annual return

-4.01%

4.48%-8.5pp

119.20%-123.2pp

244.93%-248.9pp

Employer contribution / active EE

$2,225

$3,063-27.4%

$4,628-51.9%

$2,078+7.1%

Participant deferral / active EE

$4,836

$5,651-14.4%

$6,426-24.7%

$3,356+44.1%

Admin fee / account holder

$81

$120-32.0%

$9,284-99.1%

$115-29.3%

Provider

Service type

Compensation

PENSIONMARK FINANCIAL GROUP LLC4+ years

Service code 27

24 E COTA ST STE 200 · SANTA BARBARA, CA 93101

Advisory (Plan)

$64,846

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$990

TD AMERITRADE, INC.4+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$917

QDRO CONSULTANTS COMPANY, LLC4+ years

Filed as: QDRO CONSULTANTS CO LLC

Service code 99

3071 PEARL ROAD · MEDINA, OH 44256

Other Fees

$300

INDYNE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDYNE, 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