Retirement plan

NOBIS WORKS, INC. RETIREMENT SAVINGS PLAN

Name: NOBIS WORKS, INC. - NOBIS WORKS, INC. RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: NOBIS WORKS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOBIS WORKS, INC. RETIREMENT SAVINGS PLAN, NOBIS WORKS, INC.

NOBIS WORKS, INC.EIN 58-1290439Plan #003PY 2020

1480 BELLS FERRY ROAD - MARIETTA, GA 30066404-427-9000

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.2M

+13.7% from 2019

Total participants

219

-7.6% from 2019

Average account balance

$20,439

+21.5% from 2019

Annual return

12.61%

-7.26 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.30M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

153

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$448K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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
ALLIANCE PENSION CONSULTANTS, LLC4 years Service code 15 · EIN 36-4389114	Recordkeeping	$24,255
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB BANK Service code 19	Securities Custodian	$2,395
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$0

Plan features & details

Pension benefit codes2F2G2L2S2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$24K

$180 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.579%

all-in expense ratio

Categories reported

0 / 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: SMITH & HOWARD
Auditor EIN: 581250486
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,439

$58,895-65.3%

$178,503-88.5%

$73,497-72.2%

Participation rate

89.6%

66.2%+23.4pp

81.9%+7.7pp

70.7%+18.9pp

Annual return

12.61%

24.86%-12.3pp

151.12%-138.5pp

28.51%-15.9pp

Employer contribution / active EE

$1,013

$2,236-54.7%

$5,011-79.8%

$2,270-55.4%

Participant deferral / active EE

$1,556

$2,567-39.4%

$5,202-70.1%

$3,740-58.4%

Admin fee / account holder

$118

$400-70.4%

$13,987-99.2%

$513-76.9%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC4 years

Service code 15 · EIN 36-4389114

Recordkeeping

$24,255

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB BANK

Service code 19

Securities Custodian

$2,395

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

NOBIS WORKS, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOBIS WORKS, INC. RETIREMENT SAVINGS 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