Retirement plan

USMAX CORPORATION 401K PLAN

Name: USMAX CORPORATION - USMAX CORPORATION 401K PLAN (2017) Form 5500
Creator: USMAX CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USMAX CORPORATION 401K PLAN, USMAX CORPORATION

USMAX CORPORATIONEIN 52-1939581Plan #001PY 2017

382 GAMBRILLS ROAD, SUITE 730 - GAMBRILLS, MD 21054703-289-5398usmax.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.5M

+33.6% from 2016

Total participants

117

-1.7% from 2016

Average account balance

$28,296

+36.7% from 2016

Annual return

19.95%

+8.14 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

$6.64M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

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.

388.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$345K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13544

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 2 by compensation

Provider	Service type	Compensation
MARTIN, MARTIN, RANDALL & ASSOCIATE1 year Filed as: MARTIN RETIREMENT SERVICES INC Service code 15 12 SOUTH SUMMIT AVE SUITE 320 · GAITHERSBURG, MD 20877	Recordkeeping	$1,203
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$645

Plan features & details

Pension benefit codes2E2G2J2K3D

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$645

$10 / participant

Investment mgmt$645100.0%

% of EOY assets

0.026%

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: E.W. DEPEW, INC.
Auditor EIN: 464464552
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,296

$85,766-67.0%

$136,298-79.2%

$70,126-59.6%

Participation rate

53.8%

74.2%-20.3pp

81.9%-28.1pp

69.5%-15.7pp

Annual return

19.95%

31.46%-11.5pp

5156.27%-5136.3pp

73.15%-53.2pp

Employer contribution / active EE

$2,134

$2,966-28.0%

$4,696-54.5%

$2,343-8.9%

Participant deferral / active EE

$4,429

$5,051-12.3%

$6,247-29.1%

$3,332+32.9%

Admin fee / account holder

$5,421-99.9%

$9,244-99.9%

$4,645-99.8%

Provider

Service type

Compensation

MARTIN, MARTIN, RANDALL & ASSOCIATE1 year

Filed as: MARTIN RETIREMENT SERVICES INC

Service code 15

12 SOUTH SUMMIT AVE SUITE 320 · GAITHERSBURG, MD 20877

Recordkeeping

$1,203

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$645

USMAX CORPORATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

USMAX CORPORATION 401K 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