Retirement plan

FORESIGHT GOLF, L.L.C 401(K) PLAN

Name: FORESIGHT GOLF, LLC - FORESIGHT GOLF, L.L.C 401(K) PLAN (2016) Form 5500
Creator: FORESIGHT GOLF, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORESIGHT GOLF, L.L.C 401(K) PLAN, FORESIGHT GOLF, LLC

FORESIGHT GOLF, LLCEIN 74-2892605Plan #001PY 2016

512 E. BLANCO RD., STE. 100 - BOERNE, TX 78006830-249-7528golfforesight.comLinkedIn11-50 employeessports

Prospect flagsLow returnsLow participationLow assets / participantLow employer contributionLow fidelity bondCorrective distributions

How to read this page

Total assets (EOY)

$1M

No prior year

Total participants

153

No prior year

Average account balance

$14,865

No prior year

Annual return

4.47%

No prior year

Benchmarks

See 616 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort616 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.17M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

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.

26.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$238K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+28.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3782

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,011
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 · EIN 84-0467907	Recordkeeping Fees	$1,169
DAVID K. YOUNG CONSULTING, LLC2+ years Filed as: DAVID K. YOUNG CONSULTING, L.L.C. Service code 13	Contract Administrator	$648
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$0
AKIN, DOHERTY, KLEIN & FEUGE, P.C.2+ years Filed as: AKIN DOHERTY, KLEIN & FEUGE,P.C Service code 10 8610 N NEW BRAUNFELS AVE · SAN ANTONIO, TX 78217	Accounting	$0
DAVID K. YOUNG CONSULTING, LLC2+ years Filed as: DAVID K. YOUNG CONSULTING L.L.C Service code 13 11118 WURZBACH ROAD · SAN ANTONIO, TN 78230	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2K2J3D3H

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

6 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$4K

$29 / participant

Contract admin$4K100.0%

% of EOY assets

0.392%

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: AKIN, DOHERTY, KLEIN, & FEUGE, P.C.
Auditor EIN: 742606559
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,865

$38,969-61.9%

$109,313-86.4%

$55,167-73.1%

Participation rate

40.3%

58.2%-17.9pp

71.3%-31.0pp

69.0%-28.7pp

Annual return

4.47%

8.26%-3.8pp

22.07%-17.6pp

169.23%-164.8pp

Employer contribution / active EE

$144

$1,227-88.3%

$3,892-96.3%

$1,963-92.7%

Participant deferral / active EE

$986

$2,176-54.7%

$3,166-68.9%

$3,054-67.7%

Admin fee / account holder

$58

$501-88.4%

$5,666-99.0%

$504-88.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,011

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$1,169

DAVID K. YOUNG CONSULTING, LLC2+ years

Filed as: DAVID K. YOUNG CONSULTING, L.L.C.

Service code 13

Contract Administrator

$648

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

AKIN, DOHERTY, KLEIN & FEUGE, P.C.2+ years

Filed as: AKIN DOHERTY, KLEIN & FEUGE,P.C

Service code 10

8610 N NEW BRAUNFELS AVE · SAN ANTONIO, TX 78217

Accounting

DAVID K. YOUNG CONSULTING, LLC2+ years

Filed as: DAVID K. YOUNG CONSULTING L.L.C

Service code 13

11118 WURZBACH ROAD · SAN ANTONIO, TN 78230

Contract Administrator

FORESIGHT GOLF, L.L.C 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORESIGHT GOLF, L.L.C 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