Retirement plan

LIONAKIS 401K PLAN

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

LIONAKISEIN 68-0397596Plan #003PY 2016

1919 19TH STREET - SACRAMENTO, CA 958116714916-558-1900lionakis.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$26M

-1.6% from 2015

Total participants

265

+3.1% from 2015

Average account balance

$104,653

-2.0% from 2015

Annual return

9.23%

+11.51 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.77M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

284

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+10.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$580

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 3 by compensation

Provider	Service type	Compensation
SAVANT CAPITAL MANAGEMENT2+ years Filed as: THE SAVANT GROUP Service code 27 461 SECOND STREET · SAN FRANCISCO, CA 94107	Advisory (Plan)	$83,633
FIRST MERCANTILE TRUST COMPANY2+ years Service code 64 · EIN 62-0951563	Recordkeeping Fees	$47,232
BENEFIT RESOURCES, INC.2+ years Service code 13 1545 RIVER PARK DR. · SACRAMENTO, CA 95815	Contract Administrator	$21,267

Plan features & details

Pension benefit codes2E2F2G2J3D2K

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.
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.
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

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

$152K

$879 / participant

Investment mgmt$84K55.0%
Contract admin$69K45.0%

% of EOY assets

0.586%

all-in expense ratio

Categories reported

2 / 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: MANN, URUTIA, NELSON CPA'S
Auditor EIN: 200276349
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,653

$75,183+39.2%

$123,894-15.5%

$55,167+89.7%

Participation rate

90.2%

72.8%+17.4pp

81.4%+8.8pp

69.0%+21.2pp

Annual return

9.23%

19.01%-9.8pp

47.52%-38.3pp

169.23%-160.0pp

Employer contribution / active EE

$2,441

$2,823-13.6%

$4,617-47.1%

$1,963+24.4%

Participant deferral / active EE

$5,734

$5,084+12.8%

$5,984-4.2%

$3,054+87.7%

Admin fee / account holder

$613

$663-7.4%

$8,357-92.7%

$504+21.7%

Provider

Service type

Compensation

SAVANT CAPITAL MANAGEMENT2+ years

Filed as: THE SAVANT GROUP

Service code 27

461 SECOND STREET · SAN FRANCISCO, CA 94107

Advisory (Plan)

$83,633

FIRST MERCANTILE TRUST COMPANY2+ years

Service code 64 · EIN 62-0951563

Recordkeeping Fees

$47,232

BENEFIT RESOURCES, INC.2+ years

Service code 13

1545 RIVER PARK DR. · SACRAMENTO, CA 95815

Contract Administrator

$21,267

LIONAKIS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIONAKIS 401K 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