Retirement plan

SERVICE EXPERTS LLC 401(K) PLAN

Name: SERVICE EXPERTS LLC - SERVICE EXPERTS LLC 401(K) PLAN (2016) Form 5500
Creator: SERVICE EXPERTS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SERVICE EXPERTS LLC 401(K) PLAN, SERVICE EXPERTS LLC

SERVICE EXPERTS LLCEIN 62-1639453Plan #002PY 2016

3820 AMERICAN DRIVE, SUITE 200 - PLANO, TX 75075972-535-3778serviceexperts.comLinkedIn1001-5000 employeesconsumer services

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$52.4M

+6.7% from 2015

Total participants

2,303

+0.7% from 2015

Average account balance

$48,179

-1.3% from 2015

Annual return

6.67%

-1.71 pp from 2015

Benchmarks

See 388 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$151.79M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

6,236

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.

92.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+24.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49

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 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$85,248
LOCKTON INVESTMENT ADVISORS, LLC1 year Filed as: LOCKTON COMPANIES, LLC Service code 27 · EIN 20-8874282	Advisory (Plan)	$55,000
BAKER TILLY US, LLP2+ years Filed as: MONTGOMERY COSCIA GREILICH LLP Service code 10 · EIN 75-2919818	Accounting	$11,057
BENECOM ASSOCIATES, INC1 year Service code 38 · EIN 30-0726478	Participant Communication	$9,242

Plan features & details

Pension benefit codes2G2J2K2T3D3H2F

Plan features

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.
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 employer contribution
Employer contribution per participant 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

$161K

$75 / participant

Other / not subdivided$161K100.0%

% of EOY assets

0.306%

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: MONTGOMERY COSCIA GREILICH, LLP
Auditor EIN: 752919818
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,179

$54,392-11.4%

$84,753-43.2%

$63,975-24.7%

Participation rate

43.5%

76.9%-33.4pp

76.6%-33.1pp

71.1%-27.7pp

Annual return

6.67%

611.38%-604.7pp

22.78%-16.1pp

48.65%-42.0pp

Employer contribution / active EE

$517

$2,943-82.4%

$3,574-85.5%

$2,182-76.3%

Participant deferral / active EE

$2,430

$2,593-6.3%

$3,712-34.5%

$3,356-27.6%

Admin fee / account holder

$148

$136+8.7%

$5,333-97.2%

$70+109.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$85,248

LOCKTON INVESTMENT ADVISORS, LLC1 year

Filed as: LOCKTON COMPANIES, LLC

Service code 27 · EIN 20-8874282

Advisory (Plan)

$55,000

BAKER TILLY US, LLP2+ years

Filed as: MONTGOMERY COSCIA GREILICH LLP

Service code 10 · EIN 75-2919818

Accounting

$11,057

BENECOM ASSOCIATES, INC1 year

Service code 38 · EIN 30-0726478

Participant Communication

$9,242

SERVICE EXPERTS LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SERVICE EXPERTS LLC 401(K) 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