Retirement plan

EDD HELMS GROUP, INC. 401(K) PLAN

Name: EDD HELMS GROUP, INC. - EDD HELMS GROUP, INC. 401(K) PLAN (2019) Form 5500
Creator: EDD HELMS GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDD HELMS GROUP, INC. 401(K) PLAN, EDD HELMS GROUP, INC.

EDD HELMS GROUP, INC.EIN 59-2605868Plan #002PY 2019

740 INTERNATIONAL PARKWAY - SUNRISE, FL 333256219305-653-2520edd-group.comLinkedIn1-10 employeesinformation technology and services

Prospect flagsLow returnsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

-1.2% from 2018

Total participants

100

+4.2% from 2018

Average account balance

$68,189

-1.2% from 2018

Annual return

0.96%

-7.87 pp from 2018

Benchmarks

See 15,814 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,814 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.89M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

41.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$397K

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

+9.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$489

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 6 by compensation

Provider	Service type	Compensation
PENSION ASSURANCE LLP2 years Filed as: THE PENSION STUDIO, LLC Service code 63 · EIN 54-2154380	12b-1 Fees	$495
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$463
MESIROW FINANCIAL INVESTMENT MANAGE1 year Service code 49	Other Services	$22
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 28	Investment Management	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INS SVCS INC Service code 27 · EIN 51-0116113	Advisory (Plan)	$0
PLANNING CORP OF AMERICA1 year Service code 27 · EIN 59-1199408	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$958

$11 / participant

Contract admin$958100.0%

% of EOY assets

0.029%

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: DOHAN CPA PA
Auditor EIN: 201104940
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,189

$65,361+4.3%

$92,903-26.6%

$72,983-6.6%

Participation rate

41.6%

68.3%-26.7pp

76.0%-34.4pp

69.5%-27.9pp

Annual return

0.96%

42.11%-41.1pp

109.43%-108.5pp

81.01%-80.0pp

Employer contribution / active EE

$771

$2,594-70.3%

$3,653-78.9%

$2,440-68.4%

Participant deferral / active EE

$1,948

$3,128-37.7%

$4,238-54.0%

$3,608-46.0%

Admin fee / account holder

$20

$4,251-99.5%

$5,795-99.7%

$5,124-99.6%

Provider

Service type

Compensation

PENSION ASSURANCE LLP2 years

Filed as: THE PENSION STUDIO, LLC

Service code 63 · EIN 54-2154380

12b-1 Fees

$495

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

$463

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Service code 49

Other Services

$22

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 28

Investment Management

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INS SVCS INC

Service code 27 · EIN 51-0116113

Advisory (Plan)

PLANNING CORP OF AMERICA1 year

Service code 27 · EIN 59-1199408

Advisory (Plan)

EDD HELMS GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDD HELMS 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