Retirement plan

PEOPLEASE, LLC/PLC SERVICES, LLC 401(K) PLAN

Name: PEOPLEASE, LLC/PLC SERVICES, LLC - PEOPLEASE, LLC/PLC SERVICES, LLC 401(K) PLAN (2015) Form 5500
Creator: PEOPLEASE, LLC/PLC SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEOPLEASE, LLC/PLC SERVICES, LLC 401(K) PLAN, PEOPLEASE, LLC/PLC SERVICES, LLC

PEOPLEASE, LLC/PLC SERVICES, LLCEIN 57-0993401Plan #001PY 2015

210 WINGO WAY, SUITE 400 - MOUNT PLEASANT, SC 294641805843-849-1164peopleasecorp.comLinkedIn201-500 employeeshuman resources

Prospect flagsLow returnsHigh feesLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$5M

No prior year

Total participants

1,364

No prior year

Average account balance

$19,524

No prior year

Annual return

-6.29%

No prior year

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.87M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

1,335

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.

15.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$556

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236

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
PENSION FINANCIAL SERVICES, INC.1+ years Service code 13 3700 CRESTWOOD PARKWAY STE 550 · DULUTH, GA 300967157	Contract Administrator	$69,019
NFP RETIREMENT INC1+ years Filed as: NFP ADVISOR SERVICES, LLC Service code 28 1250 CAPTIAL OF TEXAS HWY S #2-1 · AUSTIN, TX 78746	Investment Management	$31,065
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$7,355
FRAZIER & DEETER, LLC1+ years Filed as: FRAZIER & DEETER Service code 10 600 PEACHTREE ST. · ATLANTA, GA 30308	Accounting	$1,133

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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.
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

$109K

$84 / participant

Investment mgmt$31K28.6%
Contract admin$7K6.8%
Other / not subdivided$70K64.6%

% of EOY assets

2.155%

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: FRAZIER AND DEETER LLC
Auditor EIN: 581433845
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,524

$86,791-77.5%

$115,038-83.0%

$59,188-67.0%

Participation rate

14.4%

72.8%-58.5pp

81.4%-67.0pp

69.4%-55.0pp

Annual return

-6.29%

4.44%-10.7pp

26.14%-32.4pp

5.51%-11.8pp

Employer contribution / active EE

$381

$2,950-87.1%

$4,608-91.7%

$2,098-81.8%

Participant deferral / active EE

$120

$5,298-97.7%

$6,026-98.0%

$3,265-96.3%

Admin fee / account holder

$421

$95+343.3%

$8,175-94.9%

$92+356.3%

Provider

Service type

Compensation

PENSION FINANCIAL SERVICES, INC.1+ years

Service code 13

3700 CRESTWOOD PARKWAY STE 550 · DULUTH, GA 300967157

Contract Administrator

$69,019

NFP RETIREMENT INC1+ years

Filed as: NFP ADVISOR SERVICES, LLC

Service code 28

1250 CAPTIAL OF TEXAS HWY S #2-1 · AUSTIN, TX 78746

Investment Management

$31,065

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$7,355

FRAZIER & DEETER, LLC1+ years

Filed as: FRAZIER & DEETER

Service code 10

600 PEACHTREE ST. · ATLANTA, GA 30308

Accounting

$1,133

PEOPLEASE, LLC/PLC SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEOPLEASE, LLC/PLC SERVICES, 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