Retirement plan

ONESOURCE BUSINESS SOLUTIONS, LLC RETIREMENT SAVINGS PLAN

Name: ONESOURCE BUSINESS SOLUTIONS, LLC - ONESOURCE BUSINESS SOLUTIONS, LLC RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: ONESOURCE BUSINESS SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONESOURCE BUSINESS SOLUTIONS, LLC RETIREMENT SAVINGS PLAN, ONESOURCE BUSINESS SOLUTIONS, LLC

ONESOURCE BUSINESS SOLUTIONS, LLCEIN 58-2326638Plan #001PY 2017

11455 LAKEFIELD DRIVE, SUITE 500 - JOHNS CREEK, GA 300971593678-990-8630

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$19.1M

+24.9% from 2016

Total participants

721

+6.8% from 2016

Average account balance

$44,326

+27.0% from 2016

Annual return

14.41%

+3.44 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort664 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.09M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

582

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.

50.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$237

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 5 by compensation

Provider	Service type	Compensation
FLORIDA RETIREMENT CONSULTANTS3+ years Service code 12 5503 W WATERS AVE STE 500 · TAMPA, FL 33634	Contract Administrator; Participant l...	$22,783
AMERICAN FUNDS3+ years Filed as: ATLANTA CAPITAL GROUP Service code 26 3333 PIEDMONT ROAD NE · ATLANTA, GA 30305	Advisory (Participants)	$19,547
WARREN AVERETT, LLC3+ years Filed as: WARREN AVERETT LLC Service code 10 · EIN 45-4084437	Accounting	$18,835
MILLER & MARTIN PLLC1 year Filed as: MILLER & MARTIN, PLLC Service code 29 832 GEORGIA AVENUE · CHATTANOOGA, TN 37402	Legal	$5,568
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$2,720

Plan features & details

Pension benefit codes2E2G2J2K2R2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$85K

$148 / participant

Other / not subdivided$85K100.0%

% of EOY assets

0.445%

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: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,326

$31,424+41.1%

$81,473-45.6%

$69,631-36.3%

Participation rate

49.3%

50.8%-1.5pp

68.0%-18.7pp

70.7%-21.4pp

Annual return

14.41%

22.44%-8.0pp

38.78%-24.4pp

27571.02%-27556.6pp

Employer contribution / active EE

$802

$1,029-22.0%

$2,568-68.8%

$2,032-60.5%

Participant deferral / active EE

$2,632

$1,838+43.2%

$3,537-25.6%

$3,224-18.3%

Admin fee / account holder

$197

$103+92.4%

$4,561-95.7%

$110+78.7%

Provider

Service type

Compensation

FLORIDA RETIREMENT CONSULTANTS3+ years

Service code 12

5503 W WATERS AVE STE 500 · TAMPA, FL 33634

Contract Administrator; Participant l...

$22,783

AMERICAN FUNDS3+ years

Filed as: ATLANTA CAPITAL GROUP

Service code 26

3333 PIEDMONT ROAD NE · ATLANTA, GA 30305

Advisory (Participants)

$19,547

WARREN AVERETT, LLC3+ years

Filed as: WARREN AVERETT LLC

Service code 10 · EIN 45-4084437

Accounting

$18,835

MILLER & MARTIN PLLC1 year

Filed as: MILLER & MARTIN, PLLC

Service code 29

832 GEORGIA AVENUE · CHATTANOOGA, TN 37402

Legal

$5,568

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$2,720

ONESOURCE BUSINESS SOLUTIONS, LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONESOURCE BUSINESS SOLUTIONS, LLC 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