Retirement plan

ALLTEK STAFFING AND RESOURCES GROUP, INC. 401(K) PLAN

Name: ALLTEK STAFFING AND RESOURCES GROUP, INC. - ALLTEK STAFFING AND RESOURCES GROUP, INC. 401(K) PLAN (2016) Form 5500
Creator: ALLTEK STAFFING AND RESOURCES GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLTEK STAFFING AND RESOURCES GROUP, INC. 401(K) PLAN, ALLTEK STAFFING AND RESOURCES GROUP, INC.

ALLTEK STAFFING AND RESOURCES GROUP, INC.EIN 52-2367340Plan #001PY 2016

600 DAVIDSON ROAD - PITTSBURGH, PA 152393410412-573-0077alltekstaffing.comLinkedIn1-10 employeesstaffing and recruiting

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.9M

-12.1% from 2015

Total participants

138

+0.7% from 2015

Average account balance

$64,071

+0.0% from 2015

Annual return

6.70%

+0.41 pp from 2015

Benchmarks

See 906 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort906 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.55M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

26.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$252K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7137

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 6 by compensation

Provider	Service type	Compensation
LINSCO/PRIVATE LEDGER CORP1 year Filed as: LINSCO/PRIVATE LEDGER CORPORATION Service code 55	Other Commissions	$6,102
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 55	Other Commissions	$3,143
METRO BENEFITS, INC.1 year Service code 13	Contract Administrator	$1,824
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$637
LINSCO/PRIVATE LEDGER CORP1 year Service code 55 9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121	Other Commissions	$0
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: CAPITAL RETIREMENT PLAN SERVICES, I Service code 13 501 CORPORATE DRIVE · CANONSBURG, PA 15317	Contract Administrator	-$641

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$688

$5 / participant

Contract admin$688100.0%

% of EOY assets

0.037%

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: LOUIS PLUNG & COMPANY, LLP
Auditor EIN: 251637458
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,071

$32,425+97.6%

$74,577-14.1%

$55,167+16.1%

Participation rate

14.8%

54.0%-39.2pp

68.1%-53.3pp

69.0%-54.1pp

Annual return

6.70%

10.63%-3.9pp

20.47%-13.8pp

169.23%-162.5pp

Employer contribution / active EE

$588

$1,043-43.6%

$2,525-76.7%

$1,963-70.0%

Participant deferral / active EE

$1,221

$1,995-38.8%

$3,458-64.7%

$3,054-60.0%

Admin fee / account holder

$24

$748-96.8%

$4,138-99.4%

$504-95.3%

Provider

Service type

Compensation

LINSCO/PRIVATE LEDGER CORP1 year

Filed as: LINSCO/PRIVATE LEDGER CORPORATION

Service code 55

Other Commissions

$6,102

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS

Service code 55

Other Commissions

$3,143

METRO BENEFITS, INC.1 year

Service code 13

Contract Administrator

$1,824

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT WEST LIFE & ANNUITY INS. CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$637

LINSCO/PRIVATE LEDGER CORP1 year

Service code 55

9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121

Other Commissions

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: CAPITAL RETIREMENT PLAN SERVICES, I

Service code 13

501 CORPORATE DRIVE · CANONSBURG, PA 15317

Contract Administrator

-$641

ALLTEK STAFFING AND RESOURCES GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLTEK STAFFING AND RESOURCES GROUP, 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