Retirement plan

INTEGRAL FEDERAL, INC. 401(K) RETIREMENT PLAN

Name: INTEGRAL FEDERAL, INC. - INTEGRAL FEDERAL, INC. 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: INTEGRAL FEDERAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTEGRAL FEDERAL, INC. 401(K) RETIREMENT PLAN, INTEGRAL FEDERAL, INC.

INTEGRAL FEDERAL, INC.EIN 52-2081090Plan #001PY 2022

2101 GAITHER ROAD, SUITE 410 - ROCKVILLE, MD 20850240-907-2580integralfed.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9M

-12.7% from 2021

Total participants

227

-9.9% from 2021

Average account balance

$57,304

-4.9% from 2021

Annual return

-17.30%

-33.01 pp from 2021

Benchmarks

See 5,988 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,988 peers

Snapshot2022

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)

$97K

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.

182

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.

62.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+54.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$304

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.4 years Service code 13 · EIN 27-2037969	Contract Administrator	$31,659
PNC BANK, N.A.1 year Filed as: PNC BANK Service code 26 · EIN 22-1146430	Advisory (Participants)	$7,812

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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

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

$39K

$255 / participant

Investment mgmt$8K19.8%
Contract admin$32K80.2%

% of EOY assets

0.439%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BETHKE CPA, LLC
Auditor EIN: 421591506
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,304

$84,482-32.2%

$125,363-54.3%

$66,930-14.4%

Participation rate

54.8%

76.4%-21.6pp

82.4%-27.5pp

69.8%-15.0pp

Annual return

-17.30%

-8.49%-8.8pp

572.15%-589.4pp

1.57%-18.9pp

Employer contribution / active EE

$2,553

$3,553-28.1%

$4,815-47.0%

$2,545+0.3%

Participant deferral / active EE

$6,474

$6,782-4.5%

$7,447-13.1%

$4,238+52.8%

Admin fee / account holder

$251

$685-63.3%

$10,005-97.5%

$593-57.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.4 years

Service code 13 · EIN 27-2037969

Contract Administrator

$31,659

PNC BANK, N.A.1 year

Filed as: PNC BANK

Service code 26 · EIN 22-1146430

Advisory (Participants)

$7,812

INTEGRAL FEDERAL, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTEGRAL FEDERAL, INC. 401(K) RETIREMENT 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