Retirement plan

INTEGRITY EMPLOYEE LEASING RETIREMENT PLAN

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

INTEGRITY EMPLOYEE LEASING, INC.EIN 59-3611544Plan #001PY 2015

128 WEST CHARLOTTE AVENUE - PUNTA GORDA, FL 33950941-625-0623integrityel.comLinkedIn11-50 employeeshuman resources

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.2M

No prior year

Total participants

329

No prior year

Average account balance

$39,190

No prior year

Annual return

-6.85%

No prior year

Benchmarks

See 563 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort563 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.25M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

699

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.

21.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

-6.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$147

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
FULL SPECTRUM RETIREMENT PLANS, LLC1+ years Filed as: FULL SPECTRUM RETIREMENT PLANS LLC Service code 15 · EIN 27-2998426 992 TAMIAMI TRAIL · PORT CHARLOTTE, FL 33953	Recordkeeping	$2,564
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 26 · EIN 54-0910269 3201 NORTH 4TH AVENUE · SIOUX FALLS, SD 571040700	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3F3H

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$19K

$60 / participant

Investment mgmt$14K70.5%
Contract admin$3K14.7%
Other / not subdivided$3K14.8%

% of EOY assets

0.866%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: INTEGRITY EMPLOYEE LEASING
Auditor EIN: 593611544
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,190

$27,330+43.4%

$67,704-42.1%

$55,191-29.0%

Participation rate

16.0%

47.5%-31.5pp

67.5%-51.5pp

69.2%-53.1pp

Annual return

-6.85%

8.81%-15.7pp

25.41%-32.3pp

10.78%-17.6pp

Employer contribution / active EE

$259

$855-69.7%

$2,559-89.9%

$1,899-86.3%

Participant deferral / active EE

$675

$1,709-60.5%

$3,585-81.2%

$3,046-77.8%

Admin fee / account holder

$339

$109+210.4%

$4,255-92.0%

$91+273.7%

Provider

Service type

Compensation

FULL SPECTRUM RETIREMENT PLANS, LLC1+ years

Filed as: FULL SPECTRUM RETIREMENT PLANS LLC

Service code 15 · EIN 27-2998426

992 TAMIAMI TRAIL · PORT CHARLOTTE, FL 33953

Recordkeeping

$2,564

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS INS AGENCY LLC

Service code 26 · EIN 54-0910269

3201 NORTH 4TH AVENUE · SIOUX FALLS, SD 571040700

Advisory (Participants)

INTEGRITY EMPLOYEE LEASING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTEGRITY EMPLOYEE LEASING 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