Retirement plan

GREENSPAN ADJUSTERS INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: GREENSPAN ADJUSTERS INTERNATIONAL, INC. - GREENSPAN ADJUSTERS INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: GREENSPAN ADJUSTERS INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENSPAN ADJUSTERS INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN, GREENSPAN ADJUSTERS INTERNATIONAL, INC.

GREENSPAN ADJUSTERS INTERNATIONAL, INC.EIN 71-0930003Plan #002PY 2017

400 OYSTER POINT BLVD., SUITE-519 - SOUTH SAN FRANSCISCO, CA 94080650-583-4300LinkedIn11-50 employeesinsurance

Other plans on this EIN

1 filing

#001Retirement-$4.5M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$12.1M

+148.9% from 2016

Total participants

-4.8% from 2016

Average account balance

$205,581

+161.6% from 2016

Annual return

137.56%

+159.15 pp from 2016

Benchmarks

See 7,573 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,573 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.86M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

107

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

$759K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

-17.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3426

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$178K

$4241 / participant

Other / not subdivided$178K100.0%

% of EOY assets

1.468%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$205,581

$100,041+105.5%

$149,718+37.3%

$70,131+193.1%

Participation rate

100.0%

83.6%+16.4pp

87.1%+12.9pp

69.5%+30.5pp

Annual return

137.56%

27.43%+110.1pp

1501.67%-1364.1pp

73.14%+64.4pp

Employer contribution / active EE

$13,578

$3,662+270.8%

$5,445+149.4%

$2,342+479.7%

Participant deferral / active EE

$4,983-100.0%

$6,569-100.0%

$3,332-100.0%

Admin fee / account holder

$3,019

$8,286-63.6%

$11,283-73.2%

$4,645-35.0%

GREENSPAN ADJUSTERS INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENSPAN ADJUSTERS INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP 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