Retirement plan

HOPE LEASING 401(K) PLAN

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

HOPE LEASINGdba HOPE ADMINISTRATIVE SERVICESEIN 74-2431550Plan #002PY 2015

4105 RIO BRAVO, SUITE 100 - EL PASO, TX 79902915-615-0827LinkedIn201-500 employeespackage/freight delivery

Prospect flagsLow returnsLow employer contribution

How to read this page

Total assets (EOY)

$4.1M

No prior year

Total participants

267

No prior year

Average account balance

$16,466

No prior year

Annual return

-4.14%

No prior year

Benchmarks

See 938 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort938 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.35M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

338

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.

86.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$480K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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 6 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: AUSTIN CAPITAL RETIREMENT PLAN SERV Service code 15 1700 PACIFIC AVENUE · DALLAS, TX 75201	Recordkeeping	$12,733
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES INSURANCE Service code 22 AGENCY INC PRODUCER J CALAO · WEEHAWKEN, NJ 07087	Insurance Broker	$1,428
JULY BUSINESS SERVICES1+ years Service code 15 P.O. BOX 2208 · WACO, TX 76703	Recordkeeping	$542
GUERRA INVESTMENT ADVISORS1+ years Service code 27 201 E. MAIN STREET · EL PASO, TX 79901	Advisory (Plan)	$0
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$0
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE TRUST CO. 20-0937408 Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$31K

$152 / participant

Investment mgmt$17K53.3%
Contract admin$13K40.5%
Other / not subdivided$2K6.1%

% of EOY assets

0.766%

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: GIBSON RUDDOCK PATTERSON LLC
Auditor EIN: 261159690
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,466

$46,745-64.8%

$60,547-72.8%

$52,331-68.5%

Participation rate

91.3%

58.6%+32.7pp

68.0%+23.3pp

68.1%+23.2pp

Annual return

-4.14%

0.61%-4.7pp

335.64%-339.8pp

4.54%-8.7pp

Employer contribution / active EE

$208

$1,259-83.4%

$2,419-91.4%

$1,882-88.9%

Participant deferral / active EE

$1,362

$2,145-36.5%

$3,328-59.1%

$3,022-54.9%

Admin fee / account holder

$126

$537-76.5%

$4,536-97.2%

$592-78.7%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1+ years

Filed as: AUSTIN CAPITAL RETIREMENT PLAN SERV

Service code 15

1700 PACIFIC AVENUE · DALLAS, TX 75201

Recordkeeping

$12,733

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES INSURANCE

Service code 22

AGENCY INC PRODUCER J CALAO · WEEHAWKEN, NJ 07087

Insurance Broker

$1,428

JULY BUSINESS SERVICES1+ years

Service code 15

P.O. BOX 2208 · WACO, TX 76703

Recordkeeping

$542

GUERRA INVESTMENT ADVISORS1+ years

Service code 27

201 E. MAIN STREET · EL PASO, TX 79901

Advisory (Plan)

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE TRUST CO. 20-0937408

Service code 19

Securities Custodian

HOPE LEASING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOPE LEASING 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