Retirement plan

GENEVA SOFTWARE, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST

Name: GENEVA SOFTWARE, INC. - GENEVA SOFTWARE, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: GENEVA SOFTWARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENEVA SOFTWARE, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST, GENEVA SOFTWARE, INC.

GENEVA SOFTWARE, INC.EIN 52-1703108Plan #001PY 2017

2121 COOPERATIVE WAY #300 - HERNDON, VA 20171703-471-7666genevasi.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.1M

+20.9% from 2016

Total participants

153

+2.0% from 2016

Average account balance

$92,933

+15.3% from 2016

Annual return

17.98%

+11.24 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.68M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

114

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.

80.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$907K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$302

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
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 27 1250 CAPITAL OF TEXAS HIGHWAY SOUTH · AUSTIN, TX 78746	Advisory (Plan)	$21,275
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH & MANAGEMENT Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, VA 90071	Recordkeeping Fees	$13,189
RETIREMENT BENEFIT SOLUTIONS1 year Service code 13 5103 BACKLICK ROAD · ANNANDALE, VA 22003	Contract Administrator	$4,652
GELMAN, ROSENBERG AND FREEDMAN, PC2 years Filed as: GELMAN, ROSENBERG & FREEDMAN, PC Service code 10 4550 MONTGOMERY AVE · BETHESDA, MD 20814	Accounting	$788

Plan features & details

Pension benefit codes2E2J2K2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$40K

$438 / participant

Contract admin$40K100.0%

% of EOY assets

0.334%

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: GELMAN, ROSENBERG & FREEDMAN
Auditor EIN: 521392008
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,933

$85,766+8.4%

$136,298-31.8%

$70,126+32.5%

Participation rate

75.0%

74.2%+0.8pp

81.9%-6.9pp

69.5%+5.5pp

Annual return

17.98%

31.46%-13.5pp

5156.27%-5138.3pp

73.15%-55.2pp

Employer contribution / active EE

$1,345

$2,966-54.7%

$4,696-71.4%

$2,343-42.6%

Participant deferral / active EE

$7,851

$5,051+55.4%

$6,247+25.7%

$3,332+135.7%

Admin fee / account holder

$310

$5,421-94.3%

$9,244-96.6%

$4,645-93.3%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 27

1250 CAPITAL OF TEXAS HIGHWAY SOUTH · AUSTIN, TX 78746

Advisory (Plan)

$21,275

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, VA 90071

Recordkeeping Fees

$13,189

RETIREMENT BENEFIT SOLUTIONS1 year

Service code 13

5103 BACKLICK ROAD · ANNANDALE, VA 22003

Contract Administrator

$4,652

GELMAN, ROSENBERG AND FREEDMAN, PC2 years

Filed as: GELMAN, ROSENBERG & FREEDMAN, PC

Service code 10

4550 MONTGOMERY AVE · BETHESDA, MD 20814

Accounting

$788

GENEVA SOFTWARE, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENEVA SOFTWARE, INC. 401(K) RATE GROUP PROFIT SHARING PLAN AND TRUST

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