Retirement plan

IST MANAGEMENT SERVICES, INC. DEFINED CONTRIBUTION PLAN

Name: INNOVATIVE SERVICE TECHNOLOGY MANAGEMENT SERVICES - IST MANAGEMENT SERVICES, INC. DEFINED CONTRIBUTION PLAN (2016) Form 5500
Creator: INNOVATIVE SERVICE TECHNOLOGY MANAGEMENT SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IST MANAGEMENT SERVICES, INC. DEFINED CONTRIBUTION PLAN, INNOVATIVE SERVICE TECHNOLOGY MANAGEMENT SERVICES

INNOVATIVE SERVICE TECHNOLOGY MANAGEMENT SERVICESEIN 58-2303739Plan #001PY 2016

934 GLENWOOD AVE, SE, SUITE 250 - ATLANTA, GA 30316404-582-8865LinkedIn1-10 employees

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$4.9M

+16.8% from 2015

Total participants

1,549

+13.1% from 2015

Average account balance

$3,879

+6.9% from 2015

Annual return

11.27%

+11.83 pp from 2015

Benchmarks

See 280 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort280 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.90M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

1,119

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$110

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
WHITE OAK GLOBAL ADVISORS, LLC1 year Filed as: WHITE HORSE ADVISORS LLC Service code 27 · EIN 11-3695054	Advisory (Plan)	$17,461
TOMKIEWICZ WRIGHT, LLC2+ years Service code 10 · EIN 20-1702555	Accounting	$10,480
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$6,537
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 25 · EIN 04-2647786	Directed Trustee	$4,374

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$39K

$31 / participant

Investment mgmt$17K44.9%
Other / not subdivided$21K55.1%

% of EOY assets

0.794%

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: WRIGHT, LLC
Auditor EIN: 201702555
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,879

$31,370-87.6%

$74,577-94.8%

$63,975-93.9%

Participation rate

77.0%

42.6%+34.4pp

68.1%+8.9pp

71.1%+5.9pp

Annual return

11.27%

-105.16%+116.4pp

20.47%-9.2pp

48.65%-37.4pp

Employer contribution / active EE

$822-100.0%

$2,525-100.0%

$2,182-100.0%

Participant deferral / active EE

$932

$1,560-40.3%

$3,458-73.1%

$3,356-72.2%

Admin fee / account holder

$31

$77-59.9%

$4,138-99.3%

$70-56.3%

Provider

Service type

Compensation

WHITE OAK GLOBAL ADVISORS, LLC1 year

Filed as: WHITE HORSE ADVISORS LLC

Service code 27 · EIN 11-3695054

Advisory (Plan)

$17,461

TOMKIEWICZ WRIGHT, LLC2+ years

Service code 10 · EIN 20-1702555

Accounting

$10,480

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$6,537

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 25 · EIN 04-2647786

Directed Trustee

$4,374

IST MANAGEMENT SERVICES, INC. DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IST MANAGEMENT SERVICES, INC. DEFINED CONTRIBUTION 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