Retirement plan

S&A COMPUTER SERVICES, INC. 401(K) PLAN

Name: S&A COMPUTER SERVICES, INC. - S&A COMPUTER SERVICES, INC. 401(K) PLAN (2016) Form 5500
Creator: S&A COMPUTER SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, S&A COMPUTER SERVICES, INC. 401(K) PLAN, S&A COMPUTER SERVICES, INC.

S&A COMPUTER SERVICES, INC.dba S&A COMPUTER SERVICESEIN 58-1958073Plan #001PY 2016

1125 NORTHMEADOW PKWY, SUITE 120 - ROSWELL, GA 30076770-569-2828LinkedIn501-1000 employeesinformation technology and services

Prospect flagsLow returnsLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.5M

-10.7% from 2015

Total participants

179

-39.7% from 2015

Average account balance

$10,008

No prior year

Annual return

5.14%

+6.88 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.76M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

106

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$298K

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

+11.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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 8 by compensation

Provider	Service type	Compensation
RETIREMENT STRATEGIES, INC.2+ years Service code 14 · EIN 58-2380163	Plan Administrator	$12,439
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576	Custodial (other than securities); Re...	$9,617
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSMUTUAL LIFE INS CO Service code 15 · EIN 04-1590850	Recordkeeping	$554
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH LIFE AGENCY Service code 26 · EIN 13-2808480	Advisory (Participants)	$0
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 26 · EIN 13-5674085	Advisory (Participants)	$0
MESIROW FINANCIAL INVESTMENT MANAGE2+ years Service code 27 · EIN 36-3429599	Advisory (Plan)	$0
RELIANCE TRUST COMPANY2+ years Filed as: RELIANCE TRUST Service code 25 · EIN 58-1428634	Directed Trustee	$0
ROYAL ALLIANCE ASSOCIATES INC1 year Filed as: ROYAL ALLIANCE ASSOCIATES Service code 26 · EIN 93-0987232	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3B

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

5 tripped

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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$14K

$106 / participant

Contract admin$14K100.0%

% of EOY assets

0.928%

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: ROSS LANE & COMPANY, LLC
Auditor EIN: 581686745
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,008

$75,183-86.7%

$123,894-91.9%

$55,167-81.9%

Participation rate

81.5%

72.8%+8.7pp

81.4%+0.1pp

69.0%+12.5pp

Annual return

5.14%

19.01%-13.9pp

47.52%-42.4pp

169.23%-164.1pp

Employer contribution / active EE

$180

$2,823-93.6%

$4,617-96.1%

$1,963-90.8%

Participant deferral / active EE

$1,030

$5,084-79.7%

$5,984-82.8%

$3,054-66.3%

Admin fee / account holder

$93

$663-86.0%

$8,357-98.9%

$504-81.6%

Provider

Service type

Compensation

RETIREMENT STRATEGIES, INC.2+ years

Service code 14 · EIN 58-2380163

Plan Administrator

$12,439

STANCORP FINANCIAL GROUP1 year

Service code 12 · EIN 93-1253576

Custodial (other than securities); Re...

$9,617

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSMUTUAL LIFE INS CO

Service code 15 · EIN 04-1590850

Recordkeeping

$554

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH LIFE AGENCY

Service code 26 · EIN 13-2808480

Advisory (Participants)

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 26 · EIN 13-5674085

Advisory (Participants)

MESIROW FINANCIAL INVESTMENT MANAGE2+ years

Service code 27 · EIN 36-3429599

Advisory (Plan)

RELIANCE TRUST COMPANY2+ years

Filed as: RELIANCE TRUST

Service code 25 · EIN 58-1428634

Directed Trustee

ROYAL ALLIANCE ASSOCIATES INC1 year

Filed as: ROYAL ALLIANCE ASSOCIATES

Service code 26 · EIN 93-0987232

Advisory (Participants)

S&A COMPUTER SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

S&A COMPUTER SERVICES, 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