Retirement plan

LOGRHYTHM, INC 401(K) PLAN

Name: LOGRHYTHM, INC - LOGRHYTHM, INC 401(K) PLAN (2018) Form 5500
Creator: LOGRHYTHM, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOGRHYTHM, INC 401(K) PLAN, LOGRHYTHM, INC

LOGRHYTHM, INCEIN 72-1554716Plan #001PY 2018

4780 PEARL EAST CIRCLE - BOULDER, CO 80301303-413-8745logrhythm.comLinkedIn501-1000 employeescomputer & network security

Prospect flagsHigh feesFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$26.3M

+10.2% from 2017

Total participants

633

+1.0% from 2017

Average account balance

$42,604

+7.6% from 2017

Annual return

-5.13%

-33.79 pp from 2017

Benchmarks

See 500 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort500 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$41.25M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

500

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$335

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 10 of 13 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Service code 49 · EIN 04-1590850	Other Services	$141,755
LOCKTON INVESTMENT ADVISORS, LLC2 years Service code 27 · EIN 20-8874282	Advisory (Plan)	$52,907
KURTZ FARGO1 year Service code 10 · EIN 27-3147421	Accounting	$9,500
COLUMBIA2 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 13-2576643	Indirect Investment Fees	$0
JANUS HENDERSON2 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
OPPENHEIMER2 years Service code 52 · EIN 13-3867060	Indirect Investment Fees	$0
PGIM INVESTMENTS2 years Service code 52 · EIN 22-3468527	Indirect Investment Fees	$0
PIMCO FUNDS2 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
PIONEER2 years Service code 52 · EIN 03-0460956	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2S2T

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$204K

$409 / participant

Investment mgmt$182K89.4%
Contract admin$11K5.2%
Other / not subdivided$11K5.4%

% of EOY assets

0.777%

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: KURTZ FARGO LLP
Auditor EIN: 273147421
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,604

$62,543-31.9%

$83,327-48.9%

$55,725-23.5%

Participation rate

96.8%

78.4%+18.4pp

77.8%+19.0pp

70.9%+25.9pp

Annual return

-5.13%

14.85%-20.0pp

10.64%-15.8pp

244.93%-250.1pp

Employer contribution / active EE

$3,458

$2,427+42.5%

$3,379+2.3%

$2,078+66.4%

Participant deferral / active EE

$10,368

$5,682+82.5%

$5,565+86.3%

$3,356+209.0%

Admin fee / account holder

$331

$103+220.9%

$7,540-95.6%

$115+187.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Service code 49 · EIN 04-1590850

Other Services

$141,755

LOCKTON INVESTMENT ADVISORS, LLC2 years

Service code 27 · EIN 20-8874282

Advisory (Plan)

$52,907

KURTZ FARGO1 year

Service code 10 · EIN 27-3147421

Accounting

$9,500

COLUMBIA2 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 13-2576643

Indirect Investment Fees

JANUS HENDERSON2 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

OPPENHEIMER2 years

Service code 52 · EIN 13-3867060

Indirect Investment Fees

PGIM INVESTMENTS2 years

Service code 52 · EIN 22-3468527

Indirect Investment Fees

PIMCO FUNDS2 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

PIONEER2 years

Service code 52 · EIN 03-0460956

Indirect Investment Fees

LOGRHYTHM, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOGRHYTHM, INC 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