Retirement plan

ARROWPOINT CORPORATION 401(K) PLAN

Name: ARROWPOINT CORPORATION - ARROWPOINT CORPORATION 401(K) PLAN (2016) Form 5500
Creator: ARROWPOINT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARROWPOINT CORPORATION 401(K) PLAN, ARROWPOINT CORPORATION

ARROWPOINT CORPORATIONEIN 54-1983461Plan #001PY 2016

8260 GREENBORO DR., SUITE 400 - MCLEAN, VA 22102703-778-3900arrowpoint.netLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.3M

No prior year

Total participants

107

No prior year

Average account balance

$36,853

No prior year

Annual return

6.63%

No prior year

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-92.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 2 by compensation

Provider	Service type	Compensation
HELLMUTH, JAMES R.2+ years Service code 49 8401 CONNECTICUT AVE · CHEVY CHASE, MD 208155834	Other Services	$2,346
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$1,564

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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

$2K

$27 / participant

Contract admin$2K100.0%

% of EOY assets

0.048%

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: KOSITZKA, WICKS & COMPANY
Auditor EIN: 541342298
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,853

$76,551-51.9%

$123,894-70.3%

$62,881-41.4%

Participation rate

68.4%

73.0%-4.6pp

81.4%-13.0pp

69.3%-0.9pp

Annual return

6.63%

18.68%-12.0pp

47.52%-40.9pp

20.14%-13.5pp

Employer contribution / active EE

$2,612

$2,882-9.4%

$4,617-43.4%

$2,281+14.5%

Participant deferral / active EE

$5,546

$4,840+14.6%

$5,984-7.3%

$3,203+73.1%

Admin fee / account holder

$18

$4,826-99.6%

$8,357-99.8%

$4,296-99.6%

Provider

Service type

Compensation

HELLMUTH, JAMES R.2+ years

Service code 49

8401 CONNECTICUT AVE · CHEVY CHASE, MD 208155834

Other Services

$2,346

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$1,564

ARROWPOINT CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARROWPOINT 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