Retirement plan

COOK SYSTEMS INTERNATIONAL RETIREMENT SALARY SAVINGS PLAN

Name: COOK SYSTEMS INTERNATIONAL, INC. - COOK SYSTEMS INTERNATIONAL RETIREMENT SALARY SAVINGS PLAN (2017) Form 5500
Creator: COOK SYSTEMS INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOK SYSTEMS INTERNATIONAL RETIREMENT SALARY SAVINGS PLAN, COOK SYSTEMS INTERNATIONAL, INC.

COOK SYSTEMS INTERNATIONAL, INC.EIN 62-1564079Plan #001PY 2017

6799 GREAT OAKS ROAD, SUITE 200 - MEMPHIS, TN 38138901-757-8877

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$2.4M

+24.2% from 2016

Total participants

111

-24.5% from 2016

Average account balance

$47,875

+31.6% from 2016

Annual return

17.56%

+14.03 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.72M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

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.

85.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$547K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5336

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MINNESOTA LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0417830	Contract Administrator	$4,848

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$60 / participant

Contract admin$5K100.0%

% of EOY assets

0.203%

all-in expense ratio

Categories reported

1 / 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: WATKINS UIBERALL, PLLC
Auditor EIN: 621804252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,875

$85,766-44.2%

$136,298-64.9%

$70,126-31.7%

Participation rate

24.7%

74.2%-49.5pp

81.9%-57.2pp

69.5%-44.8pp

Annual return

17.56%

31.46%-13.9pp

5156.27%-5138.7pp

73.15%-55.6pp

Employer contribution / active EE

$2,966-100.0%

$4,696-100.0%

$2,343-100.0%

Participant deferral / active EE

$2,466

$5,051-51.2%

$6,247-60.5%

$3,332-26.0%

Admin fee / account holder

$97

$5,421-98.2%

$9,244-99.0%

$4,645-97.9%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 41-0417830

Contract Administrator

$4,848

COOK SYSTEMS INTERNATIONAL RETIREMENT SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOK SYSTEMS INTERNATIONAL RETIREMENT SALARY 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