Retirement plan

ORI 401(K) PLAN

Name: OFFICE REMEDIES, INC. - ORI 401(K) PLAN (2017) Form 5500
Creator: OFFICE REMEDIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORI 401(K) PLAN, OFFICE REMEDIES, INC.

OFFICE REMEDIES, INC.EIN 54-1534208Plan #002PY 2017

171 ELDEN STREET, SUITE 160 - HERNDON, VA 20170571-389-7762

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$4.3M

+53.0% from 2016

Total participants

579

+13.3% from 2016

Average account balance

$8,799

+37.1% from 2016

Annual return

19.86%

-1.77 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.65M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

700.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$79K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4999

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
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$26,838
H BECK INC2+ years Filed as: H BECK INC. Service code 55 11140 ROCKVILLE PIKE · ROCKVILLE, MD 20852	Other Commissions	$7,701
UNIGLOBAL PENSION PLANNING, INC.2+ years Service code 13 4114 LEGATO ROAD, SUITE 300 · FAIRFAX, VA 22033	Contract Administrator	$7,311
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$2,258
LINSCO/PRIVATE LEDGER CORP1 year Service code 55 9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121	Other Commissions	$788
MORNINGSTAR1 year Filed as: MORNINGSTAR INC. Service code 99 5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Other Fees	$643

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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$25K

$56 / participant

Contract admin$25K100.0%

% of EOY assets

0.581%

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: RYAN & WETMORE, P.C.
Auditor EIN: 521753100
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,799

$60,545-85.5%

$92,240-90.5%

$69,631-87.4%

Participation rate

80.1%

72.2%+7.9pp

76.5%+3.6pp

70.7%+9.4pp

Annual return

19.86%

19.71%+0.1pp

176.29%-156.4pp

27571.02%-27551.2pp

Employer contribution / active EE

$2,286

$2,633-13.2%

$3,680-37.9%

$2,032+12.5%

Participant deferral / active EE

$1,037

$2,828-63.3%

$3,897-73.4%

$3,224-67.8%

Admin fee / account holder

$51

$145-64.7%

$5,194-99.0%

$110-53.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT-WEST LIFE & ANNUITY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$26,838

H BECK INC2+ years

Filed as: H BECK INC.

Service code 55

11140 ROCKVILLE PIKE · ROCKVILLE, MD 20852

Other Commissions

$7,701

UNIGLOBAL PENSION PLANNING, INC.2+ years

Service code 13

4114 LEGATO ROAD, SUITE 300 · FAIRFAX, VA 22033

Contract Administrator

$7,311

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$2,258

LINSCO/PRIVATE LEDGER CORP1 year

Service code 55

9785 TOWNE CENTRE DRIVE · SAN DIEGO, CA 92121

Other Commissions

$788

MORNINGSTAR1 year

Filed as: MORNINGSTAR INC.

Service code 99

5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Other Fees

$643

ORI 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORI 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