Retirement plan

CYBERCORE TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN

Name: CYBERCORE TECHNOLOGIES, LLC - CYBERCORE TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: CYBERCORE TECHNOLOGIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CYBERCORE TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN, CYBERCORE TECHNOLOGIES, LLC

CYBERCORE TECHNOLOGIES, LLCEIN 52-2233779Plan #001PY 2016

6605 BUSINESS PARKWAY, MEADOWRIDGE BUSINESS PARK - ELKRIDGE, MD 21075410-560-7177cybercoretech.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$14M

+22.8% from 2015

Total participants

375

+25.4% from 2015

Average account balance

$46,972

-78.1% from 2015

Annual return

18.13%

+13.57 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.20M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

301

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.

88.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.97M

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

+14.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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 3 by compensation

Provider	Service type	Compensation
HARBOR2+ years Filed as: HARBOR INVESTMENT ADVISORY, LLC Service code 26 · EIN 90-0497525 100 LIGHT STREET, SUITE 1300 · WEEHAWKEN, NJ 07086	Advisory (Participants)	$24,000
CDM RETIREMENT CONSULTANTS, INC.2+ years Service code 15 · EIN 52-2136664 300 E. JOPPA ROAD, STE 601 · TOWSON, MD 21286	Recordkeeping	$13,123
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 211 MAIN STREET, 14TH FLOOR · SAN FRANCISCO, CA 941051965	Securities Custodian	$7,989

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$45K

$165 / participant

Investment mgmt$24K53.2%
Other / not subdivided$21K46.8%

% of EOY assets

0.323%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,972

$80,177-41.4%

$123,894-62.1%

$57,658-18.5%

Participation rate

71.4%

74.4%-3.0pp

81.4%-10.0pp

70.2%+1.2pp

Annual return

18.13%

17.90%+0.2pp

47.52%-29.4pp

5.13%+13.0pp

Employer contribution / active EE

$3,325

$2,913+14.1%

$4,617-28.0%

$1,974+68.4%

Participant deferral / active EE

$6,546

$5,130+27.6%

$5,984+9.4%

$3,061+113.9%

Admin fee / account holder

$152

$106+42.9%

$8,357-98.2%

$95+60.7%

Provider

Service type

Compensation

HARBOR2+ years

Filed as: HARBOR INVESTMENT ADVISORY, LLC

Service code 26 · EIN 90-0497525

100 LIGHT STREET, SUITE 1300 · WEEHAWKEN, NJ 07086

Advisory (Participants)

$24,000

CDM RETIREMENT CONSULTANTS, INC.2+ years

Service code 15 · EIN 52-2136664

300 E. JOPPA ROAD, STE 601 · TOWSON, MD 21286

Recordkeeping

$13,123

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

211 MAIN STREET, 14TH FLOOR · SAN FRANCISCO, CA 941051965

Securities Custodian

$7,989

CYBERCORE TECHNOLOGIES, LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CYBERCORE TECHNOLOGIES, LLC 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