Retirement plan

HISCO 401(K) PLAN

Name: HISCO - HISCO 401(K) PLAN (2017) Form 5500
Creator: HISCO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HISCO 401(K) PLAN, HISCO

HISCOEIN 74-1697282Plan #001PY 2017

6650 CONCORD PARK DRIVE - HOUSTON, TX 77040713-934-1673

Other plans on this EIN

1 filing

#002Retirement-$68.3M assets

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$31.5M

+16.9% from 2016

Total participants

431

+0.5% from 2016

Average account balance

$76,859

+15.5% from 2016

Annual return

13.99%

+8.38 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-90.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$8,833

Plan features & details

Pension benefit codes2E2J2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

2 tripped

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

$11K

$29 / participant

Contract admin$9K78.0%
Other / not subdivided$2K22.0%

% of EOY assets

0.035%

all-in expense ratio

Categories reported

1 / 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: WEAVER AND TIDWELL LLP
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,859

$71,666+7.2%

$117,861-34.8%

$69,631+10.4%

Participation rate

94.6%

77.5%+17.0pp

79.7%+14.9pp

70.7%+23.9pp

Annual return

13.99%

18.86%-4.9pp

335.11%-321.1pp

27571.02%-27557.0pp

Employer contribution / active EE

$2,932

$1,889+55.2%

$3,786-22.6%

$2,032+44.3%

Participant deferral / active EE

$3,056

$3,340-8.5%

$4,482-31.8%

$3,224-5.2%

Admin fee / account holder

$27

$120-77.4%

$8,021-99.7%

$110-75.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$8,833

HISCO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HISCO 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