Retirement plan

COMPUTER SYSTEMS CENTER INC 401(K) RETIREMENT PLAN

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

COMPUTER SYSTEMS CENTER INCEIN 54-1428673Plan #002PY 2022

6225 BRANDON AVE STE 520 - SPRINGFIELD, VA 22150703-866-4000

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$39.8M

-23.0% from 2021

Total participants

234

+15.3% from 2021

Average account balance

$191,383

-29.3% from 2021

Annual return

-20.20%

-34.37 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.71M

Not enough data

1 years with asset history on file

Average account balance

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

$179K

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.

228

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.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$459

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 10 of 11 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC8+ years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$111,847
COHEN & STEERS3 years Filed as: COHEN & STEERS FUNDS Service code 28 · EIN 14-1904657	Investment Management	$0
COLUMBIA4 years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL4 years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
INVESCO3 years Filed as: INVESCO FUNDS Service code 28 · EIN 26-4521338	Investment Management	$0
LEGG MASON3 years Service code 28 · EIN 52-1200960	Investment Management	$0
LOOMIS SAYLES5 years Filed as: LOOMIS - SAYLES - NATIXIS - HANSBER Service code 28 · EIN 04-3200030	Investment Management	$0
MFS INVESTMENT MANAGEMENT3 years Filed as: MFS FUNDS Service code 28 · EIN 04-2747644	Investment Management	$0
PIMCO FUNDS5 years Service code 28 · EIN 33-0629048	Investment Management	$0
PRUDENTIAL RETIREMENT INSURANCE AND5 years Filed as: PRUDENTIAL JENNISON Service code 28 · EIN 22-3703799	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2F2T

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$112K

$895 / participant

Other / not subdivided$112K100.0%

% of EOY assets

0.281%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BURDETTE SMITH & BISH, LLC
Auditor EIN: 454037800
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$191,383

$84,499+126.5%

$125,391+52.6%

$66,949+185.9%

Participation rate

79.2%

76.4%+2.8pp

82.4%-3.2pp

69.8%+9.4pp

Annual return

-20.20%

-8.49%-11.7pp

572.41%-592.6pp

1.57%-21.8pp

Employer contribution / active EE

$1,224

$3,554-65.5%

$4,816-74.6%

$2,545-51.9%

Participant deferral / active EE

$11,123

$6,785+63.9%

$7,448+49.3%

$4,239+162.4%

Admin fee / account holder

$538

$685-21.5%

$10,009-94.6%

$594-9.4%

Provider

Service type

Compensation

T ROWE PRICE RPS INC8+ years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$111,847

COHEN & STEERS3 years

Filed as: COHEN & STEERS FUNDS

Service code 28 · EIN 14-1904657

Investment Management

COLUMBIA4 years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

INVESCO3 years

Filed as: INVESCO FUNDS

Service code 28 · EIN 26-4521338

Investment Management

LEGG MASON3 years

Service code 28 · EIN 52-1200960

Investment Management

LOOMIS SAYLES5 years

Filed as: LOOMIS - SAYLES - NATIXIS - HANSBER

Service code 28 · EIN 04-3200030

Investment Management

MFS INVESTMENT MANAGEMENT3 years

Filed as: MFS FUNDS

Service code 28 · EIN 04-2747644

Investment Management

PIMCO FUNDS5 years

Service code 28 · EIN 33-0629048

Investment Management

PRUDENTIAL RETIREMENT INSURANCE AND5 years

Filed as: PRUDENTIAL JENNISON

Service code 28 · EIN 22-3703799

Investment Management

COMPUTER SYSTEMS CENTER INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPUTER SYSTEMS CENTER 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