Retirement plan

EXTENDED SERVICE CORPORATION 401(K) PLAN

Name: EXTENDED SERVICE CORP. - EXTENDED SERVICE CORPORATION 401(K) PLAN (2019) Form 5500
Creator: EXTENDED SERVICE CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXTENDED SERVICE CORPORATION 401(K) PLAN, EXTENDED SERVICE CORP.

EXTENDED SERVICE CORP.EIN 54-1231849Plan #002PY 2019

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$13.3M

+16.4% from 2018

Total participants

435

+1.2% from 2018

Average account balance

$54,201

+20.7% from 2018

Annual return

22.11%

+26.42 pp from 2018

Benchmarks

See 1,312 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,312 peers

Snapshot2019

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 4 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754	Recordkeeping	$30,457
KEITER1 year Service code 10 · EIN 54-1631262	Accounting	$13,900
ROYAL ALLIANCE ASSOCIATES INC1 year Filed as: ROYAL ALLIANCE ASSOCIATES CO Service code 13 3761 WESTERRE PARKWAY · RICHMOND, VA 23233	Contract Administrator	$12,412
HERMITAGE WEALTH MANAGEMENT1 year Service code 13 3761 WESTERRE PKWY. · RICHMOND, VA 23233	Contract Administrator	$4,138

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

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

$61K

$166 / participant

Contract admin$30K50.0%
Other / not subdivided$30K50.0%

% of EOY assets

0.457%

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

$54,201

$40,174+34.9%

$84,021-35.5%

$67,579-19.8%

Participation rate

48.4%

62.7%-14.3pp

69.0%-20.7pp

71.3%-22.9pp

Annual return

22.11%

25.82%-3.7pp

71.32%-49.2pp

378.56%-356.4pp

Employer contribution / active EE

$808-100.0%

$1,984-100.0%

$2,148-100.0%

Participant deferral / active EE

$2,019

$2,301-12.2%

$3,239-37.7%

$3,539-42.9%

Admin fee / account holder

$248

$128+93.0%

$6,102-95.9%

$142+74.0%

Provider

Service type

Compensation

ASCENSUS LLC2 years

Service code 15 · EIN 11-3665754

Recordkeeping

$30,457

KEITER1 year

Service code 10 · EIN 54-1631262

Accounting

$13,900

ROYAL ALLIANCE ASSOCIATES INC1 year

Filed as: ROYAL ALLIANCE ASSOCIATES CO

Service code 13

3761 WESTERRE PARKWAY · RICHMOND, VA 23233

Contract Administrator

$12,412

HERMITAGE WEALTH MANAGEMENT1 year

Service code 13

3761 WESTERRE PKWY. · RICHMOND, VA 23233

Contract Administrator

$4,138

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