Retirement plan

APEX SYSTEMS, LLC 401(K) PLAN

Name: ASGN INCORPORATED. - APEX SYSTEMS, LLC 401(K) PLAN (2022) Form 5500
Creator: ASGN INCORPORATED.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APEX SYSTEMS, LLC 401(K) PLAN, ASGN INCORPORATED.

ASGN INCORPORATED.EIN 54-1773546Plan #001PY 2022

4400 COX ROAD, SUITE 200 - GLEN ALLEN, VA 23060804-254-2600apexsystems.comLinkedIn1001-5000 employeesinformation technology and services

Other plans on this EIN

1 filing

#002Retirement-$164.7M assets

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$301.9M

-11.6% from 2016

Total participants

5,125

+63.1% from 2016

Average account balance

$60,156

-2.0% from 2016

Annual return

-17.90%

-19.82 pp from 2016

Benchmarks

See 336 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort336 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$478.73M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

4,337

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.

66.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39.70M

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

+20.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$97

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
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$245,150
JANNEY MONTGOMERY SCOTT LLC8+ years Service code 27 · EIN 23-0731260	Advisory (Plan)	$74,915
KEITER8+ years Filed as: KEITER STEPHENS Service code 10 · EIN 54-1631262	Accounting	$31,222
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$8,586

Plan features & details

Pension benefit codes2G2J2S2T3H3D2F

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

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

$360K

$99 / participant

Investment mgmt$9K2.4%
Other / not subdivided$351K97.6%

% of EOY assets

0.119%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KEITER STEPHENS
Auditor EIN: 541631262
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,156

$37,418+60.8%

$77,113-22.0%

$77,906-22.8%

Participation rate

97.1%

46.9%+50.2pp

67.9%+29.2pp

73.7%+23.4pp

Annual return

-17.90%

-7.13%-10.8pp

42.37%-60.3pp

12.16%-30.1pp

Employer contribution / active EE

$2,544

$1,200+112.0%

$2,815-9.6%

$2,846-10.6%

Participant deferral / active EE

$7,514

$2,572+192.1%

$4,430+69.6%

$4,805+56.4%

Admin fee / account holder

$72

$126-43.1%

$5,445-98.7%

$133-45.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$245,150

JANNEY MONTGOMERY SCOTT LLC8+ years

Service code 27 · EIN 23-0731260

Advisory (Plan)

$74,915

KEITER8+ years

Filed as: KEITER STEPHENS

Service code 10 · EIN 54-1631262

Accounting

$31,222

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$8,586

APEX SYSTEMS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APEX SYSTEMS, LLC 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