Retirement plan

1081. 01(D) RETIREMENT PLAN FOR EMPLOYEES OF DDB LATINA PUERTO RICO, INC.

Name: DDB LATINA PUERTO RICO, INC. - 1081. 01(D) RETIREMENT PLAN FOR EMPLOYEES OF DDB LATINA PUERTO RICO, INC. (2017) Form 5500
Creator: DDB LATINA PUERTO RICO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 1081. 01(D) RETIREMENT PLAN FOR EMPLOYEES OF DDB LATINA PUERTO RICO, INC., DDB LATINA PUERTO RICO, INC.

DDB LATINA PUERTO RICO, INC.EIN 66-0762266Plan #001PY 2017

PO BOX 195006 - SAN JUAN, PR 009185006787-474-7514

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6M

+18.8% from 2016

Total participants

105

-6.3% from 2016

Average account balance

$57,438

+30.1% from 2016

Annual return

15.66%

+7.59 pp from 2016

Benchmarks

See 2,903 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.74M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

160

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

$304K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$407

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
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$38,829
RESOURCES INVESTMENT ADVISORS LLC1 year Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 4860 COLLEGE BLVD STE 100 · OVERLAND PARK, KS 66211	Advisory (Plan)	$16,080
INDEPENDENT FINANCIAL GROUP LLC3+ years Service code 55 12636 HIGH BLUFF DR STE 100 · SAN DIEGO, CA 92130	Other Commissions	$8,299
A & A EMPLOYEE BENEFITS CONSULTING2 years Service code 13 PO BOX 13928 · SAN JUAN, PR 00908	Contract Administrator	$5,470

Plan features & details

Pension benefit codes2E2F2G2J3C

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$63K

$882 / participant

Investment mgmt$24K38.9%
Other / not subdivided$38K61.1%

% of EOY assets

1.038%

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: KEVANE GRANT THORNTON LLP
Auditor EIN: 660563256
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,438

$64,359-10.8%

$90,161-36.3%

$70,126-18.1%

Participation rate

100.0%

70.4%+29.6pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

15.66%

28.13%-12.5pp

34.89%-19.2pp

73.15%-57.5pp

Employer contribution / active EE

$1,356

$2,046-33.7%

$3,318-59.1%

$2,343-42.1%

Participant deferral / active EE

$2,820

$4,389-35.7%

$5,287-46.7%

$3,332-15.4%

Admin fee / account holder

$596

$3,945-84.9%

$5,943-90.0%

$4,645-87.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$38,829

RESOURCES INVESTMENT ADVISORS LLC1 year

Filed as: RESOURCES INVESTMENT ADVISORS

Service code 27

4860 COLLEGE BLVD STE 100 · OVERLAND PARK, KS 66211

Advisory (Plan)

$16,080

INDEPENDENT FINANCIAL GROUP LLC3+ years

Service code 55

12636 HIGH BLUFF DR STE 100 · SAN DIEGO, CA 92130

Other Commissions

$8,299

A & A EMPLOYEE BENEFITS CONSULTING2 years

Service code 13

PO BOX 13928 · SAN JUAN, PR 00908

Contract Administrator

$5,470

1081. 01(D) RETIREMENT PLAN FOR EMPLOYEES OF DDB LATINA PUERTO RICO, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

1081. 01(D) RETIREMENT PLAN FOR EMPLOYEES OF DDB LATINA PUERTO RICO, INC.

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