Retirement plan

THE OGEECHEE GROUP, INC. 401 K PLAN

Name: THE OGEECHEE GROUP, INC. - THE OGEECHEE GROUP, INC. 401 K PLAN (2017) Form 5500
Creator: THE OGEECHEE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE OGEECHEE GROUP, INC. 401 K PLAN, THE OGEECHEE GROUP, INC.

THE OGEECHEE GROUP, INC.EIN 58-2498918Plan #001PY 2017

4524 OGEECHEE ROAD - SAVANNAH, GA 31405912-236-9333

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$8.7M

+26.7% from 2016

Total participants

470

-9.6% from 2016

Average account balance

$38,679

+19.9% from 2016

Annual return

17.01%

+9.82 pp from 2016

Benchmarks

See 808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort808 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.15M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

307

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.

26.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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

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Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$17,861
QUALIFIED PLANS, LLC3+ years Service code 13 · EIN 58-2605083	Contract Administrator	$5,948
AMERICAN CENTURY1 year Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 52-0792143	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTMENT RETIREMENT SOLUSTIONS, L Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 27	Advisory (Plan)	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY ADVISOR Service code 52 · EIN 04-3335387	Indirect Investment Fees	$0
HARRIS1 year Service code 52 · EIN 04-3276558	Indirect Investment Fees	$0
HOLLAND, BROMLEY, BARNHILL & BRETT1 year Filed as: HOLLAND, BROMLEY, BARNHILL & BRETT, Service code 10 · EIN 58-1941470 P.O. BOX 8878 · SAVANNAH, GA 314128878	Accounting	$0
INVESCO1 year Service code 52 · EIN 76-0343427	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$18K

$40 / participant

Other / not subdivided$18K100.0%

% of EOY assets

0.206%

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: HOLLAND BROMLEY BARNHILL & BRETT
Auditor EIN: 581941470
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,679

$46,100-16.1%

$86,582-55.3%

$69,631-44.5%

Participation rate

44.6%

67.2%-22.6pp

73.5%-29.0pp

70.7%-26.1pp

Annual return

17.01%

21.02%-4.0pp

965.08%-948.1pp

27571.02%-27554.0pp

Employer contribution / active EE

$338

$1,850-81.7%

$2,839-88.1%

$2,032-83.4%

Participant deferral / active EE

$1,911

$2,432-21.4%

$3,609-47.0%

$3,224-40.7%

Admin fee / account holder

$80

$94-15.0%

$4,904-98.4%

$110-27.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$17,861

QUALIFIED PLANS, LLC3+ years

Service code 13 · EIN 58-2605083

Contract Administrator

$5,948

AMERICAN CENTURY1 year

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 52-0792143

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTMENT RETIREMENT SOLUSTIONS, L

Service code 27 · EIN 61-1732930

Advisory (Plan)

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTNET RETIREMENT SOLUTIONS

Service code 27

Advisory (Plan)

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY ADVISOR

Service code 52 · EIN 04-3335387

Indirect Investment Fees

HARRIS1 year

Service code 52 · EIN 04-3276558

Indirect Investment Fees

HOLLAND, BROMLEY, BARNHILL & BRETT1 year

Filed as: HOLLAND, BROMLEY, BARNHILL & BRETT,

Service code 10 · EIN 58-1941470

P.O. BOX 8878 · SAVANNAH, GA 314128878

Accounting

INVESCO1 year

Service code 52 · EIN 76-0343427

Indirect Investment Fees

THE OGEECHEE GROUP, INC. 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE OGEECHEE GROUP, 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