Retirement plan

COMPUTER SYSTEMS AND SERVICES 401(K) PROFIT SHARING PLAN & TRUST

Name: COMPUTER SYSTEMS AND SERVICES - COMPUTER SYSTEMS AND SERVICES 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: COMPUTER SYSTEMS AND SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPUTER SYSTEMS AND SERVICES 401(K) PROFIT SHARING PLAN & TRUST, COMPUTER SYSTEMS AND SERVICES

COMPUTER SYSTEMS AND SERVICESEIN 59-2038261Plan #001PY 2023

PO BOX 47029 - TAMPA, FL 336460109813-972-2441

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.4M

-0.3% from 2022

Total participants

0.0% from 2022

Average account balance

$175,108

+12.2% from 2022

Annual return

15.70%

+32.75 pp from 2022

Benchmarks

See 11,284 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,284 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.09M

Not enough data

1 years with asset history on file

Average account balance

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

$261K

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.

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$289K

$32135 / participant

Other / not subdivided$289K100.0%

% of EOY assets

20.645%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$175,108

$105,160+66.5%

$94,679+84.9%

$139,456+25.6%

Participation rate

88.9%

82.4%+6.5pp

80.8%+8.1pp

80.3%+8.6pp

Annual return

15.70%

38.04%-22.3pp

156.75%-141.1pp

373.45%-357.8pp

Employer contribution / active EE

$4,107-100.0%

$3,673-100.0%

$4,753-100.0%

Participant deferral / active EE

$7,226

$7,599-4.9%

$7,417-2.6%

$6,711+7.7%

Admin fee / account holder

$36,152

$8,988+302.2%

$7,233+399.8%

$11,407+216.9%

COMPUTER SYSTEMS AND SERVICES 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPUTER SYSTEMS AND SERVICES 401(K) PROFIT SHARING PLAN & TRUST

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