Retirement plan

ACOSTA, INC. 401(K) RETIREMENT PLAN

Name: ACOSTA, INC. - ACOSTA, INC. 401(K) RETIREMENT PLAN (2015) Form 5500
Creator: ACOSTA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACOSTA, INC. 401(K) RETIREMENT PLAN, ACOSTA, INC.

ACOSTA, INC.EIN 59-3522052Plan #002PY 2015

6600 CORPORATE CENTER PARKWAY - JACKSONVILLE, FL 32216904-281-9800LinkedIn1-10 employeesretail

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$516.1M

No prior year

Total participants

30,944

No prior year

Average account balance

$40,257

No prior year

Annual return

2.04%

No prior year

Benchmarks

See 908 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort908 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$651.55M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

11,305

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.

37.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

-10.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$214,333
NEWPORT GROUP, INC.1+ years Filed as: THE NEWPORT GROUP Service code 16 · EIN 59-2386168	Consulting	$102,677

Plan features & details

Pension benefit codes2F2G2J2K2E2T3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$317K

$11 / participant

Other / not subdivided$317K100.0%

% of EOY assets

0.062%

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: ENNIS, PELLUM & ASSOCIATES, CPAS
Auditor EIN: 591843700
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,257

$69,651-42.2%

$94,229-57.3%

$69,651-42.2%

Participation rate

37.4%

66.6%-29.2pp

78.8%-41.4pp

66.6%-29.2pp

Annual return

2.04%

53.77%-51.7pp

10.68%-8.6pp

53.77%-51.7pp

Employer contribution / active EE

$754

$2,241-66.3%

$3,587-79.0%

$2,241-66.3%

Participant deferral / active EE

$1,305

$3,635-64.1%

$4,320-69.8%

$3,635-64.1%

Admin fee / account holder

$25

$63-60.8%

$6,269-99.6%

$63-60.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$214,333

NEWPORT GROUP, INC.1+ years

Filed as: THE NEWPORT GROUP

Service code 16 · EIN 59-2386168

Consulting

$102,677

ACOSTA, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACOSTA, INC. 401(K) RETIREMENT 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