Retirement plan

LOGRHYTHM, INC 401(K) PLAN

Name: LOGRHYTHM, INC - LOGRHYTHM, INC 401(K) PLAN (2020) 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 2020

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

Prospect flagsHigh feesLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$38.1M

+6.9% from 2019

Total participants

659

+4.1% from 2019

Average account balance

$59,464

+3.4% from 2019

Annual return

15.63%

-12.36 pp from 2019

Benchmarks

See 523 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort523 peers

Snapshot2020

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 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Service code 49 · EIN 04-1590850	Other Services	$163,561
LOCKTON INVESTMENT ADVISORS, LLC4 years Service code 27 · EIN 20-8874282	Advisory (Plan)	$66,984
COLUMBIA4 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
INVESCO4 years Service code 52 · EIN 13-2576643	Indirect Investment Fees	$0
JANUS HENDERSON4 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
LEGG MASON2 years Service code 52 · EIN 13-4146187	Indirect Investment Fees	$0
PGIM INVESTMENTS4 years Service code 52 · EIN 22-3468527	Indirect Investment Fees	$0
PIMCO FUNDS4 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
PIONEER4 years Service code 52 · EIN 03-0460956	Indirect Investment Fees	$0
T ROWE PRICE RPS INC4 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$231K

$569 / participant

Investment mgmt$217K94.3%
Contract admin$11K4.8%
Other / not subdivided$2K0.9%

% of EOY assets

0.605%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,464

$78,781-24.5%

$100,535-40.9%

$73,412-19.0%

Participation rate

95.6%

80.0%+15.5pp

79.4%+16.1pp

72.2%+23.4pp

Annual return

15.63%

31.69%-16.1pp

30.90%-15.3pp

59.30%-43.7pp

Employer contribution / active EE

$936

$2,420-61.3%

$3,419-72.6%

$2,234-58.1%

Participant deferral / active EE

$8,922

$6,537+36.5%

$6,271+42.3%

$3,806+134.4%

Admin fee / account holder

$360

$145+147.5%

$8,085-95.6%

$158+127.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Service code 49 · EIN 04-1590850

Other Services

$163,561

LOCKTON INVESTMENT ADVISORS, LLC4 years

Service code 27 · EIN 20-8874282

Advisory (Plan)

$66,984

COLUMBIA4 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

INVESCO4 years

Service code 52 · EIN 13-2576643

Indirect Investment Fees

JANUS HENDERSON4 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

LEGG MASON2 years

Service code 52 · EIN 13-4146187

Indirect Investment Fees

PGIM INVESTMENTS4 years

Service code 52 · EIN 22-3468527

Indirect Investment Fees

PIMCO FUNDS4 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

PIONEER4 years

Service code 52 · EIN 03-0460956

Indirect Investment Fees

T ROWE PRICE RPS INC4 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

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