Retirement plan

DECISIONHR RETIREMENT SAVINGS PLAN

Name: DECISIONHR, INC. - DECISIONHR RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: DECISIONHR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DECISIONHR RETIREMENT SAVINGS PLAN, DECISIONHR, INC.

DECISIONHR, INC.EIN 59-3405686Plan #333PY 2019

11101 ROOSEVELT BLVD N - ST PETERSBURG, FL 33716727-456-5006decisionhr.comLinkedIn11-50 employeeshuman resources

Prospect flagsLow returnsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$16.5M

+14.4% from 2018

Total participants

2,729

+37.4% from 2018

Average account balance

$35,880

+21.9% from 2018

Annual return

13.94%

+17.58 pp from 2018

Benchmarks

See 291 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort291 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$66.95M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

2,684

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.

13.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$785

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

+5.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$180

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
BLUESTAR RETIREMENT SERVICES5+ years Service code 13 · EIN 59-3092339	Contract Administrator	$99,911
FIDUCIARY INVESTMENT ADVISORS3 years Filed as: FIDUCIARY PARTNERS INVESTMENT CONSU Service code 26 · EIN 26-1370206	Advisory (Participants)	$8,945
FIDUCIARY PARTNERS RETIREMENT GROUP3 years Service code 16 · EIN 51-0595589	Consulting	$8,945
ASSURANCE DIMENSIONS2 years Service code 10 · EIN 26-3429295	Accounting	$5,000
TD AMERITRADE, INC.5+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$4,047

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
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

4 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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$132K

$50 / participant

Investment mgmt$15K11.5%
Contract admin$112K84.8%
Other / not subdivided$5K3.8%

% of EOY assets

0.803%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ASSURANCE DIMENSIONS
Auditor EIN: 263429295
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,880

$41,617-13.8%

$84,611-57.6%

$77,787-53.9%

Participation rate

14.3%

45.0%-30.8pp

68.2%-54.0pp

73.2%-58.9pp

Annual return

13.94%

24.97%-11.0pp

258.74%-244.8pp

32.57%-18.6pp

Employer contribution / active EE

$226

$1,061-78.7%

$2,652-91.5%

$2,504-91.0%

Participant deferral / active EE

$545

$2,129-74.4%

$3,899-86.0%

$3,967-86.3%

Admin fee / account holder

$288

$121+138.2%

$4,912-94.1%

$100+188.0%

Provider

Service type

Compensation

BLUESTAR RETIREMENT SERVICES5+ years

Service code 13 · EIN 59-3092339

Contract Administrator

$99,911

FIDUCIARY INVESTMENT ADVISORS3 years

Filed as: FIDUCIARY PARTNERS INVESTMENT CONSU

Service code 26 · EIN 26-1370206

Advisory (Participants)

$8,945

FIDUCIARY PARTNERS RETIREMENT GROUP3 years

Service code 16 · EIN 51-0595589

Consulting

$8,945

ASSURANCE DIMENSIONS2 years

Service code 10 · EIN 26-3429295

Accounting

$5,000

TD AMERITRADE, INC.5+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

$4,047

DECISIONHR RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DECISIONHR 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