Retirement plan

HR SOLUTIONS 401K RETIREMENT PLAN

Name: HR SOLUTIONS, LLC - HR SOLUTIONS 401K RETIREMENT PLAN (2015) Form 5500
Creator: HR SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HR SOLUTIONS 401K RETIREMENT PLAN, HR SOLUTIONS, LLC

HR SOLUTIONS, LLCEIN 72-1515494Plan #333PY 2015

6421 PERKINS ROAD, SUITE 2A - BATON ROUGE, LA 708086200225-769-0669

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$29.2M

No prior year

Total participants

1,597

No prior year

Average account balance

$26,435

No prior year

Annual return

-29.35%

No prior year

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

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.

165.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$190K

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

+47.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$985

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

Top 5 by compensation

Provider	Service type	Compensation
MORNINGSTAR1+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$13,707
CENTURA ADVISORS, LLC1+ years Service code 99 · EIN 72-1514847 6421 PERKINS RD · BATON ROUGE, LA 70808	Other Fees	$8,422
LINCOLN NATIONAL CORPORATION1+ years Service code 13 · EIN 35-1140070 1300 S CLINTON STREET · FORT WAYNE, IN 46801	Contract Administrator	$7,202
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Service code 27	Advisory (Plan)	$3,123
THE HASLAUER GROUP, INC.1+ years Service code 13 · EIN 72-1487108 700 HICKORY AVE. · HARAHAN, LA 70123	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$96K

$77 / participant

Other / not subdivided$96K100.0%

% of EOY assets

0.327%

all-in expense ratio

Categories reported

0 / 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: APPLE GUERIN COMPANY, LLC
Auditor EIN: 721348954
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,435

$86,791-69.5%

$115,038-77.0%

$59,188-55.3%

Participation rate

60.6%

72.8%-12.2pp

81.4%-20.7pp

69.4%-8.8pp

Annual return

-29.35%

4.44%-33.8pp

26.14%-55.5pp

5.51%-34.9pp

Employer contribution / active EE

$1,284

$2,950-56.5%

$4,608-72.1%

$2,098-38.8%

Participant deferral / active EE

$2,496

$5,298-52.9%

$6,026-58.6%

$3,265-23.5%

Admin fee / account holder

$87

$95-8.9%

$8,175-98.9%

$92-6.2%

Provider

Service type

Compensation

MORNINGSTAR1+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

$13,707

CENTURA ADVISORS, LLC1+ years

Service code 99 · EIN 72-1514847

6421 PERKINS RD · BATON ROUGE, LA 70808

Other Fees

$8,422

LINCOLN NATIONAL CORPORATION1+ years

Service code 13 · EIN 35-1140070

1300 S CLINTON STREET · FORT WAYNE, IN 46801

Contract Administrator

$7,202

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Service code 27

Advisory (Plan)

$3,123

THE HASLAUER GROUP, INC.1+ years

Service code 13 · EIN 72-1487108

700 HICKORY AVE. · HARAHAN, LA 70123

Contract Administrator

HR SOLUTIONS 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HR SOLUTIONS 401K RETIREMENT 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