Retirement plan

EDD HELMS GROUP, INC. 401(K) PLAN

Name: EDD HELMS GROUP, INC. - EDD HELMS GROUP, INC. 401(K) PLAN (2020) 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 2020

740 INTERNATIONAL PARKWAY - SUNRISE, FL 33325305-653-2520edd-group.comLinkedIn1-10 employeesinformation technology and services

Prospect flagsLow returnsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.7M

+11.9% from 2019

Total participants

122

+22.0% from 2019

Average account balance

$71,805

+5.3% from 2019

Annual return

7.73%

+6.77 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$1,075
MESIROW FINANCIAL INVESTMENT MANAGE2 years Service code 49	Other Services	$27
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Service code 28	Investment Management	$0
ROBERT HALF1 year Filed as: GROUP RHI-RETIREMENT HORIZONS INC. Service code 63 · EIN 47-4066865	12b-1 Fees	$0
PLANNING CORP OF AMERICA2 years Service code 27 · EIN 59-1199408	Advisory (Plan)	$0
PENSION ASSURANCE LLP1 year Filed as: THE PENSION STUDIO Service code 63 · EIN 54-2154380	12b-1 Fees	$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

$1K

$10 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.029%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,805

$69,383+3.5%

$101,271-29.1%

$73,493-2.3%

Participation rate

36.0%

68.4%-32.3pp

75.8%-39.8pp

70.7%-34.6pp

Annual return

7.73%

18.46%-10.7pp

46.48%-38.8pp

28.51%-20.8pp

Employer contribution / active EE

$691

$2,628-73.7%

$3,660-81.1%

$2,270-69.6%

Participant deferral / active EE

$1,780

$3,301-46.1%

$4,371-59.3%

$3,740-52.4%

Admin fee / account holder

$21

$704-97.0%

$5,948-99.6%

$513-95.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

$1,075

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Service code 49

Other Services

$27

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Service code 28

Investment Management

ROBERT HALF1 year

Filed as: GROUP RHI-RETIREMENT HORIZONS INC.

Service code 63 · EIN 47-4066865

12b-1 Fees

PLANNING CORP OF AMERICA2 years

Service code 27 · EIN 59-1199408

Advisory (Plan)

PENSION ASSURANCE LLP1 year

Filed as: THE PENSION STUDIO

Service code 63 · EIN 54-2154380

12b-1 Fees

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