Retirement plan

INTEGRITY EMPLOYEE LEASING RETIREMENT PLAN

Name: INTEGRITY EMPLOYEE LEASING, INC. - INTEGRITY EMPLOYEE LEASING RETIREMENT PLAN (2019) 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 2019

128 W. CHARLOTTE AVENUE - PUNTA GORDA, FL 339505502941-625-0623integrityel.comLinkedIn11-50 employeeshuman resources

Prospect flagsLow returnsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

+22.1% from 2018

Total participants

290

+84.7% from 2018

Average account balance

$26,844

+8.4% from 2018

Annual return

13.61%

+18.25 pp from 2018

Benchmarks

See 689 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort689 peers

Snapshot2019

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$17,149
INTEGRITY EMPLOYEE LEASING1 year Service code 14 · EIN 59-3611544 128 W. CHARLOTTE AVENUE · PUTNAT GORDA, FL 339505502	Plan Administrator	$9,455
FULL SPECTRUM RETIREMENT PLANS, LLC1 year Service code 15 · EIN 27-2998426 630 WOODBURY DRIVE · PORT CHARLOTTE, FL 33954	Recordkeeping	$5,668
SARASOTA PRIVATE TRUST1 year Service code 51 · EIN 83-2680596 240 S PINEAPPLE AVE 5TH FL · SARASOTA, FL 34236	Investment Mgmt Fees	$5,080
PRUCO SECURITIES, LLC1 year Service code 51 · EIN 22-1211670 213 WASHINGTON ST 17TH FLOOR · NEWARK, NJ 07102	Investment Mgmt Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3F3H

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.
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.
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

$10K

$37 / participant

Investment mgmt$5K51.5%
Contract admin$5K48.5%

% of EOY assets

0.298%

all-in expense ratio

Categories reported

2 / 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: TEMPLETON & COMPANY
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,844

$40,522-33.8%

$84,637-68.3%

$67,582-60.3%

Participation rate

38.7%

51.1%-12.4pp

68.2%-29.6pp

71.3%-32.6pp

Annual return

13.61%

32.72%-19.1pp

258.82%-245.2pp

378.57%-365.0pp

Employer contribution / active EE

$679

$1,146-40.7%

$2,653-74.4%

$2,148-68.4%

Participant deferral / active EE

$1,467

$2,132-31.2%

$3,900-62.4%

$3,539-58.5%

Admin fee / account holder

$80

$145-44.9%

$4,914-98.4%

$142-43.7%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$17,149

INTEGRITY EMPLOYEE LEASING1 year

Service code 14 · EIN 59-3611544

128 W. CHARLOTTE AVENUE · PUTNAT GORDA, FL 339505502

Plan Administrator

$9,455

FULL SPECTRUM RETIREMENT PLANS, LLC1 year

Service code 15 · EIN 27-2998426

630 WOODBURY DRIVE · PORT CHARLOTTE, FL 33954

Recordkeeping

$5,668

SARASOTA PRIVATE TRUST1 year

Service code 51 · EIN 83-2680596

240 S PINEAPPLE AVE 5TH FL · SARASOTA, FL 34236

Investment Mgmt Fees

$5,080

PRUCO SECURITIES, LLC1 year

Service code 51 · EIN 22-1211670

213 WASHINGTON ST 17TH FLOOR · NEWARK, NJ 07102

Investment Mgmt Fees

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