Retirement plan

REPLY, INC. AND ITS U. S. SUBSIDIARIES 401(K) PLAN

Name: REPLY, INC. AND ITS US SUBSIDIARIES - REPLY, INC. AND ITS U. S. SUBSIDIARIES 401(K) PLAN (2022) Form 5500
Creator: REPLY, INC. AND ITS US SUBSIDIARIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REPLY, INC. AND ITS U. S. SUBSIDIARIES 401(K) PLAN, REPLY, INC. AND ITS US SUBSIDIARIES

REPLY, INC. AND ITS US SUBSIDIARIESEIN 68-0682665Plan #001PY 2022

71 SOUTH WACKER DRIVE SUITE 3090 - CHICAGO, IL 60606248-686-2481

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$15.6M

-5.3% from 2021

Total participants

386

+21.8% from 2021

Average account balance

$52,351

-3.1% from 2021

Annual return

-18.02%

-548.06 pp from 2021

Benchmarks

See 3,159 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,159 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.52M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

393

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.52M

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

+22.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$351

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
MMA SECURITIES LLC2 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087	Advisory (Plan)	$37,176
COMPENSATION BENEFIT PLANNING, INC.2 years Filed as: COMPENSATION BENEFIT PLANNING INC Service code 13 3552 NE RALPH POWELL ROAD · LEES SUMMIT, MO 64064	Contract Administrator	$16,900
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$15,671
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 28 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$14,377

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$136K

$444 / participant

Investment mgmt$118K86.6%
Contract admin$18K13.4%

% of EOY assets

0.874%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PICKETT, CHANEY & MCMULLEN LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,351

$82,163-36.3%

$125,381-58.2%

$64,819-19.2%

Participation rate

71.3%

77.9%-6.5pp

82.4%-11.0pp

71.5%-0.1pp

Annual return

-18.02%

3.49%-21.5pp

572.31%-590.3pp

32.84%-50.9pp

Employer contribution / active EE

$4,494

$3,616+24.3%

$4,815-6.7%

$2,507+79.3%

Participant deferral / active EE

$8,681

$7,175+21.0%

$7,448+16.6%

$4,311+101.4%

Admin fee / account holder

$457

$163+180.2%

$10,007-95.4%

$188+143.5%

Provider

Service type

Compensation

MMA SECURITIES LLC2 years

Service code 27

PO BOX 9497 · NEW YORK, NY 10087

Advisory (Plan)

$37,176

COMPENSATION BENEFIT PLANNING, INC.2 years

Filed as: COMPENSATION BENEFIT PLANNING INC

Service code 13

3552 NE RALPH POWELL ROAD · LEES SUMMIT, MO 64064

Contract Administrator

$16,900

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$15,671

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 28

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$14,377

REPLY, INC. AND ITS U. S. SUBSIDIARIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REPLY, INC. AND ITS U. S. SUBSIDIARIES 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