Retirement plan

HURST REVIEW SERVICES, INC. 401(K) PLAN

Name: HURST REVIEW SERVICES, INC. - HURST REVIEW SERVICES, INC. 401(K) PLAN (2015) Form 5500
Creator: HURST REVIEW SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HURST REVIEW SERVICES, INC. 401(K) PLAN, HURST REVIEW SERVICES, INC.

HURST REVIEW SERVICES, INC.EIN 64-0921506Plan #001PY 2015

127 SOUTH RAILROAD AVENUE - BROOKHAVEN, MS 39601601-833-1961hurstreview.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.2M

No prior year

Total participants

171

No prior year

Average account balance

$7,030

No prior year

Annual return

-0.40%

No prior year

Benchmarks

See 953 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort953 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.99M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

86.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$299K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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
NATIONWIDE1+ years Service code 15 · EIN 31-4156830	Recordkeeping	$11,388
AMERIPRISE FINANCIAL SERVICES INC1+ years Filed as: AMERIPRISE FINANCIAL SERVICES Service code 26 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 554740000	Advisory (Participants)	$7,065

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$14K

$112 / participant

Contract admin$14K100.0%

% of EOY assets

1.160%

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: HADDOX REID EUBANK BETTS PLLC
Auditor EIN: 640414329
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,030

$51,769-86.4%

$57,349-87.7%

$52,331-86.6%

Participation rate

98.4%

75.2%+23.1pp

75.1%+23.3pp

68.1%+30.3pp

Annual return

-0.40%

2.43%-2.8pp

24.40%-24.8pp

4.54%-4.9pp

Employer contribution / active EE

$932

$2,335-60.1%

$2,689-65.3%

$1,882-50.5%

Participant deferral / active EE

$2,227

$2,794-20.3%

$3,162-29.6%

$3,022-26.3%

Admin fee / account holder

$82

$295-72.3%

$3,356-97.6%

$592-86.2%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15 · EIN 31-4156830

Recordkeeping

$11,388

AMERIPRISE FINANCIAL SERVICES INC1+ years

Filed as: AMERIPRISE FINANCIAL SERVICES

Service code 26

50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 554740000

Advisory (Participants)

$7,065

HURST REVIEW SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HURST REVIEW SERVICES, INC. 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