Retirement plan

EXTENDED SERVICE CORPORATION 401(K) PLAN

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

EXTENDED SERVICE CORPORATIONEIN 54-1231849Plan #002PY 2017

9530 MIDLOTHIAN PIKE - RICHMOND, VA 23235804-521-0603

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$12.4M

+10.1% from 2016

Total participants

444

-5.9% from 2016

Average account balance

$47,669

+18.5% from 2016

Annual return

19.05%

+10.97 pp from 2016

Benchmarks

See 1,218 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,218 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.13M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

229

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.

35.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$717K

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

+17.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169

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
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$17,489
KPMG LLP1 year Filed as: KPMG LLC Service code 10 · EIN 13-5565207	Accounting	$10,000

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$27K

$73 / participant

Investment mgmt$24K90.0%
Other / not subdivided$3K10.0%

% of EOY assets

0.217%

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: KEITER
Auditor EIN: 541631262
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,669

$48,064-0.8%

$78,778-39.5%

$69,631-31.5%

Participation rate

50.4%

61.6%-11.2pp

69.2%-18.8pp

70.7%-20.3pp

Annual return

19.05%

21.81%-2.8pp

35.62%-16.6pp

27571.02%-27552.0pp

Employer contribution / active EE

$744-100.0%

$1,986-100.0%

$2,032-100.0%

Participant deferral / active EE

$1,936

$2,079-6.9%

$2,958-34.6%

$3,224-39.9%

Admin fee / account holder

$104

$152-31.8%

$5,134-98.0%

$110-6.2%

Provider

Service type

Compensation

ASCENSUS LLC3+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$17,489

KPMG LLP1 year

Filed as: KPMG LLC

Service code 10 · EIN 13-5565207

Accounting

$10,000

EXTENDED SERVICE CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXTENDED SERVICE CORPORATION 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