Retirement plan

COMPUTER WORLD SERVICES CORP. 401(K) PLAN

Name: COMPUTER WORLD SERVICES CORP. - COMPUTER WORLD SERVICES CORP. 401(K) PLAN (2023) Form 5500
Creator: COMPUTER WORLD SERVICES CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPUTER WORLD SERVICES CORP. 401(K) PLAN, COMPUTER WORLD SERVICES CORP.

COMPUTER WORLD SERVICES CORP.EIN 54-1534431Plan #002PY 2023

6402 ARLINGTON BLVD., SUITE 650 - FALLS CHURCH, VA 22042202-637-9699computerworldrva.comLinkedIn1-10 employees

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$18.7M

+18.7% from 2022

Total participants

364

-3.7% from 2022

Average account balance

$71,495

+26.4% from 2022

Annual return

14.97%

+30.45 pp from 2022

Benchmarks

See 3,230 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,230 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.98M

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.

295

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.

54.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+20.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$353

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 3 by compensation

Provider	Service type	Compensation
PCS RETIREMENT, LLC2 years Filed as: PCS RETIREMENT LLC Service code 13 · EIN 23-3038464	Contract Administrator	$35,879
SAVANT CAPITAL MANAGEMENT1 year Filed as: SAVANT WEALTH MANAGEMENT Service code 27 190 BUCKLEY DR · ROCKFORD, IL 61107	Advisory (Plan)	$30,841
ALLIANCE PENSION CONSULTANTS, LLC7 years Filed as: ALLIANT WEALTH ADVISORS Service code 28 9161 LIBERIA AVENUE · MANASSAS, VA 20110	Investment Management	$29,015

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.

Expense breakdown

Schedule H Part II

Admin total

$96K

$378 / participant

Investment mgmt$60K62.5%
Contract admin$36K37.5%

% of EOY assets

0.511%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CST GROUP, CPAS, P.C.
Auditor EIN: 541019610
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,495

$95,438-25.1%

$135,982-47.4%

$74,473-4.0%

Participation rate

59.7%

78.2%-18.5pp

81.9%-22.2pp

70.7%-11.1pp

Annual return

14.97%

32.61%-17.6pp

68.32%-53.4pp

34.36%-19.4pp

Employer contribution / active EE

$2,726

$3,878-29.7%

$4,859-43.9%

$2,638+3.3%

Participant deferral / active EE

$6,614

$7,790-15.1%

$7,760-14.8%

$4,530+46.0%

Admin fee / account holder

$365

$259+41.2%

$10,767-96.6%

$347+5.3%

Provider

Service type

Compensation

PCS RETIREMENT, LLC2 years

Filed as: PCS RETIREMENT LLC

Service code 13 · EIN 23-3038464

Contract Administrator

$35,879

SAVANT CAPITAL MANAGEMENT1 year

Filed as: SAVANT WEALTH MANAGEMENT

Service code 27

190 BUCKLEY DR · ROCKFORD, IL 61107

Advisory (Plan)

$30,841

ALLIANCE PENSION CONSULTANTS, LLC7 years

Filed as: ALLIANT WEALTH ADVISORS

Service code 28

9161 LIBERIA AVENUE · MANASSAS, VA 20110

Investment Management

$29,015

COMPUTER WORLD SERVICES CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPUTER WORLD SERVICES CORP. 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