Retirement plan

CAPITOL SERVICES, INC. 401(K) PROFIT SHARING PLAN

Name: CAPITOL SERVICES, INC. - CAPITOL SERVICES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: CAPITOL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPITOL SERVICES, INC. 401(K) PROFIT SHARING PLAN, CAPITOL SERVICES, INC.

CAPITOL SERVICES, INC.EIN 74-1974280Plan #001PY 2016

206 E 9TH ST., SUITE 1300 - AUSTIN, TX 78701512-474-8377capitolservices.comLinkedIn51-200 employeeslegal services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$10.1M

+12.0% from 2015

Total participants

134

+8.9% from 2015

Average account balance

$88,106

+7.2% from 2015

Annual return

5.57%

+7.22 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.76M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

219

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.95M

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

+11.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
ATLASMARK FINANCIAL, INC1 year Service code 16 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Consulting	$62,596
EMPLOYEE FIDUCIARY, LLC1 year Filed as: EMPLOYEE INCENTIVE PLANS, INC. Service code 12 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Contract Administrator; Participant c...	$40,295
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY BROKERAGE SERVICES LLC Service code 12 200 SEAPORT BLVD. · BOSTON, MA 02210	Custodial (securities); Claims proces...	$5,864

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$110K

$940 / participant

Investment mgmt$63K56.9%
Contract admin$40K36.7%
Other / not subdivided$7K6.4%

% of EOY assets

1.085%

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: PEGGY S. EDGE, CPA, LLC
Auditor EIN: 264527814
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,106

$75,183+17.2%

$123,894-28.9%

$55,167+59.7%

Participation rate

83.8%

72.8%+10.9pp

81.4%+2.3pp

69.0%+14.8pp

Annual return

5.57%

19.01%-13.4pp

47.52%-41.9pp

169.23%-163.7pp

Employer contribution / active EE

$3,198

$2,823+13.3%

$4,617-30.7%

$1,963+63.0%

Participant deferral / active EE

$4,338

$5,084-14.7%

$5,984-27.5%

$3,054+42.0%

Admin fee / account holder

$956

$663+44.3%

$8,357-88.6%

$504+89.7%

Provider

Service type

Compensation

ATLASMARK FINANCIAL, INC1 year

Service code 16

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Consulting

$62,596

EMPLOYEE FIDUCIARY, LLC1 year

Filed as: EMPLOYEE INCENTIVE PLANS, INC.

Service code 12

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Contract Administrator; Participant c...

$40,295

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY BROKERAGE SERVICES LLC

Service code 12

200 SEAPORT BLVD. · BOSTON, MA 02210

Custodial (securities); Claims proces...

$5,864

CAPITOL SERVICES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPITOL SERVICES, INC. 401(K) PROFIT SHARING 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