Retirement plan

COMPUTER SERVICES, INC. AND SUBSIDIARIES PROFIT SHARING PLAN AND TRUST

Name: COMPUTER SERVICES, INC. - COMPUTER SERVICES, INC. AND SUBSIDIARIES PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: COMPUTER SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPUTER SERVICES, INC. AND SUBSIDIARIES PROFIT SHARING PLAN AND TRUST, COMPUTER SERVICES, INC.

COMPUTER SERVICES, INC.EIN 61-0649699Plan #001PY 2020

3901 TECHNOLOGY DR - PADUCAH, KY 42001270-442-7361attustech.comLinkedIn1-10 employeesnon-profit organization management

Prospect flagsLow returnsHigh feesLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$220.6M

+6.9% from 2019

Total participants

1,449

+8.9% from 2019

Average account balance

$161,400

+3.6% from 2019

Annual return

8.09%

+4.33 pp from 2019

Benchmarks

See 178 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort178 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$246.55M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

1,666

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$297

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
BAIRD INSURANCE SERVICES INC4 years Filed as: HILLIARD LYONS TRUST CO. LLC Service code 27 10200 FOREST GREEN BLVD, SUITE 500 · LOUSVILLE, KY 40223	Advisory (Plan)	$637,134
CPI QUALIFIED PLAN CONSULTANTS, INC1 year Filed as: CPI QUALIFIED PLAN CONSULTANTS Service code 12 · EIN 48-1205033	Recordkeeping fees; Claims processing...	$83,517
BARNES & THORNBURG LLP2 years Filed as: BARNES & THORNBURG Service code 10 700 LIST SOURCE BANK CENTER · SOUTH BEND, IN 46601	Accounting	$21,117
BKD, LLP4 years Service code 27 P.O. BOX 628 · EVANSVILLE, IN 477040628	Advisory (Plan)	$13,450

Plan features & details

Pension benefit codes2E2F2H2J2K2T3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$757K

$627 / participant

Investment mgmt$637K84.1%
Contract admin$84K11.0%
Other / not subdivided$37K4.9%

% of EOY assets

0.343%

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: BKD LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$161,400

$102,389+57.6%

$100,528+60.6%

$90,274+78.8%

Participation rate

93.2%

84.0%+9.2pp

79.4%+13.8pp

73.4%+19.9pp

Annual return

8.09%

22.50%-14.4pp

30.90%-22.8pp

53.97%-45.9pp

Employer contribution / active EE

$9,624

$3,056+214.9%

$3,419+181.5%

$2,523+281.4%

Participant deferral / active EE

$3,146

$7,514-58.1%

$6,271-49.8%

$4,231-25.6%

Admin fee / account holder

$554

$83+565.5%

$8,084-93.1%

$114+385.8%

Provider

Service type

Compensation

BAIRD INSURANCE SERVICES INC4 years

Filed as: HILLIARD LYONS TRUST CO. LLC

Service code 27

10200 FOREST GREEN BLVD, SUITE 500 · LOUSVILLE, KY 40223

Advisory (Plan)

$637,134

CPI QUALIFIED PLAN CONSULTANTS, INC1 year

Filed as: CPI QUALIFIED PLAN CONSULTANTS

Service code 12 · EIN 48-1205033

Recordkeeping fees; Claims processing...

$83,517

BARNES & THORNBURG LLP2 years

Filed as: BARNES & THORNBURG

Service code 10

700 LIST SOURCE BANK CENTER · SOUTH BEND, IN 46601

Accounting

$21,117

BKD, LLP4 years

Service code 27

P.O. BOX 628 · EVANSVILLE, IN 477040628

Advisory (Plan)

$13,450

COMPUTER SERVICES, INC. AND SUBSIDIARIES PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPUTER SERVICES, INC. AND SUBSIDIARIES PROFIT SHARING PLAN AND TRUST

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