Retirement plan

AXESA SERVICIOS DE INFORMACION SAVINGS PLAN

Name: AXESA SERVICIOS DE INFORMACION - AXESA SERVICIOS DE INFORMACION SAVINGS PLAN (2017) Form 5500
Creator: AXESA SERVICIOS DE INFORMACION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AXESA SERVICIOS DE INFORMACION SAVINGS PLAN, AXESA SERVICIOS DE INFORMACION

AXESA SERVICIOS DE INFORMACIONEIN 66-0568619Plan #002PY 2017

P O BOX 191225 - SAN JUAN, PR 00919787-758-2828

Other plans on this EIN

1 filing

#001Retirement-$10.8M assets

Prospect flagsHigh retiree %Low returns

How to read this page

Total assets (EOY)

$7.5M

+4.9% from 2016

Total participants

150

-6.8% from 2016

Average account balance

$51,020

+12.7% from 2016

Annual return

9.99%

+4.97 pp from 2016

Benchmarks

See 843 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort843 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.34M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

113

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$318K

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

+7.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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 10 of 11 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$18,312
ALLIANZ GLOBAL INVESTORS1 year Service code 52 · EIN 33-0457728	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 52-0792143	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY ADVISORS Service code 52 · EIN 04-3335387	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 94-2362417	Indirect Investment Fees	$0
NUVEEN1 year Service code 52 · EIN 39-1901483	Indirect Investment Fees	$0
OPPENHEIMER1 year Service code 52 · EIN 22-3849391	Indirect Investment Fees	$0
OPPENHEIMER1 year Filed as: OPPENHIMER Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
RBC WEALTH MANAGEMENT3+ years Filed as: RBC CAPITAL MARKETS CORPORATION Service code 53 · EIN 41-1416330	Insurance Commissions	$0
T ROWE PRICE RPS INC1 year Filed as: T ROWE PRICE Service code 52 · EIN 52-1560327	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K3C

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$18K

$176 / participant

Contract admin$18K100.0%

% of EOY assets

0.241%

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: TCRA & ASSOCIATES LLC
Auditor EIN: 660831816
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,020

$59,535-14.3%

$90,161-43.4%

$62,293-18.1%

Participation rate

97.1%

73.0%+24.0pp

76.9%+20.2pp

69.5%+27.6pp

Annual return

9.99%

23.53%-13.5pp

34.89%-24.9pp

28.90%-18.9pp

Employer contribution / active EE

$1,445

$1,826-20.8%

$3,318-56.4%

$2,042-29.2%

Participant deferral / active EE

$2,999

$4,639-35.4%

$5,287-43.3%

$3,169-5.4%

Admin fee / account holder

$123

$337-63.4%

$5,943-97.9%

$479-74.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$18,312

ALLIANZ GLOBAL INVESTORS1 year

Service code 52 · EIN 33-0457728

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 52-0792143

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY ADVISORS

Service code 52 · EIN 04-3335387

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 94-2362417

Indirect Investment Fees

NUVEEN1 year

Service code 52 · EIN 39-1901483

Indirect Investment Fees

OPPENHEIMER1 year

Service code 52 · EIN 22-3849391

Indirect Investment Fees

OPPENHEIMER1 year

Filed as: OPPENHIMER

Service code 52 · EIN 90-0342299

Indirect Investment Fees

RBC WEALTH MANAGEMENT3+ years

Filed as: RBC CAPITAL MARKETS CORPORATION

Service code 53 · EIN 41-1416330

Insurance Commissions

T ROWE PRICE RPS INC1 year

Filed as: T ROWE PRICE

Service code 52 · EIN 52-1560327

Indirect Investment Fees

AXESA SERVICIOS DE INFORMACION SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AXESA SERVICIOS DE INFORMACION 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