Retirement plan

IPAS, INC. 401(K) PLAN

Name: IPAS, INC. - IPAS, INC. 401(K) PLAN (2018) Form 5500
Creator: IPAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IPAS, INC. 401(K) PLAN, IPAS, INC.

IPAS, INC.EIN 56-1071085Plan #002PY 2018

300 MARKET STREET, SUITE 134 - CHAPEL HILL, NC 27515919-539-4709ipas.orgLinkedIn201-500 employeesinternational affairs

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.7M

-2.6% from 2017

Total participants

226

-8.1% from 2017

Average account balance

$53,399

+1.4% from 2017

Annual return

-5.79%

-21.86 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.07M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

149

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+12.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$263

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
BLUESTAR RETIREMENT SERVICES1 year Service code 13 · EIN 59-3092339	Contract Administrator	$12,884
CHARTER WEALTH MANAGEMENT INC1 year Filed as: CHARTER WEALTH MANAGEMENT Service code 26 · EIN 23-2383285	Advisory (Participants)	$10,000
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$42
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE TRUST CO 20-0937408 Service code 19	Securities Custodian	$0

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$34K

$221 / participant

Investment mgmt$20K59.2%
Contract admin$14K40.8%

% of EOY assets

0.289%

all-in expense ratio

Categories reported

2 / 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: GELMAN, ROSENBERG & FREEDMAN
Auditor EIN: 521392008
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,399

$47,977+11.3%

$154,108-65.3%

$56,289-5.1%

Participation rate

95.4%

66.2%+29.3pp

83.0%+12.4pp

69.9%+25.6pp

Annual return

-5.79%

3.54%-9.3pp

735.21%-741.0pp

-9.96%+4.2pp

Employer contribution / active EE

$4,045

$2,169+86.5%

$5,298-23.6%

$2,111+91.6%

Participant deferral / active EE

$6,578

$2,392+175.0%

$5,081+29.5%

$3,350+96.4%

Admin fee / account holder

$154

$438-64.8%

$13,411-98.9%

$521-70.4%

Provider

Service type

Compensation

BLUESTAR RETIREMENT SERVICES1 year

Service code 13 · EIN 59-3092339

Contract Administrator

$12,884

CHARTER WEALTH MANAGEMENT INC1 year

Filed as: CHARTER WEALTH MANAGEMENT

Service code 26 · EIN 23-2383285

Advisory (Participants)

$10,000

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

$42

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE TRUST CO 20-0937408

Service code 19

Securities Custodian

IPAS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IPAS, INC. 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