Retirement plan

ALLIED EMPLOYER GROUP 401(K) RETIREMENT PLAN

Name: ALLIED WORKFORCE, INC. - ALLIED EMPLOYER GROUP 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: ALLIED WORKFORCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIED EMPLOYER GROUP 401(K) RETIREMENT PLAN, ALLIED WORKFORCE, INC.

ALLIED WORKFORCE, INC.EIN 75-2133642Plan #001PY 2016

4400 BUFFALO GAP ROAD, SUITE 4500 - ABILENE, TX 79606325-695-5822

Prospect flagsLow returnsLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$4.9M

-7.6% from 2015

Total participants

375

-17.8% from 2015

Average account balance

$19,849

+9.8% from 2015

Annual return

3.98%

+7.78 pp from 2015

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.31M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

232

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.

66.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$868K

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

+10.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$189

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 5 by compensation

Provider	Service type	Compensation
PENSION ASSURANCE LLP2+ years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 15 · EIN 85-0402842 6201 UPTOWN BLVD SUITE 100 · ALBUQUERQUE, NM 871104150	Recordkeeping	$50,772
NATIONWIDE2+ years Service code 51 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Investment Mgmt Fees	$40,980
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: MEEDER INVESTMENT MANAGEMENT Service code 28 · EIN 31-1332744 6125 MEMORIAL DRIVE · DUBLIN, OH 43017	Investment Management	$12,998
ALLIED EMPLOYER GROUP INC2+ years Service code 13 · EIN 75-2133642 SUITE 4500 · ABILENE, TX 79606	Contract Administrator	$8,130
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY & CO, LLC Service code 26 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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

5 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$12K

$44 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.241%

all-in expense ratio

Categories reported

0 / 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: DAVIS KINARD & CO, PC
Auditor EIN: 751332266
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,849

$80,177-75.2%

$123,894-84.0%

$57,658-65.6%

Participation rate

51.1%

74.4%-23.3pp

81.4%-30.3pp

70.2%-19.1pp

Annual return

3.98%

17.90%-13.9pp

47.52%-43.5pp

5.13%-1.2pp

Employer contribution / active EE

$91

$2,913-96.9%

$4,617-98.0%

$1,974-95.4%

Participant deferral / active EE

$914

$5,130-82.2%

$5,984-84.7%

$3,061-70.1%

Admin fee / account holder

$48

$106-55.0%

$8,357-99.4%

$95-49.4%

Provider

Service type

Compensation

PENSION ASSURANCE LLP2+ years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 15 · EIN 85-0402842

6201 UPTOWN BLVD SUITE 100 · ALBUQUERQUE, NM 871104150

Recordkeeping

$50,772

NATIONWIDE2+ years

Service code 51 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Investment Mgmt Fees

$40,980

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: MEEDER INVESTMENT MANAGEMENT

Service code 28 · EIN 31-1332744

6125 MEMORIAL DRIVE · DUBLIN, OH 43017

Investment Management

$12,998

ALLIED EMPLOYER GROUP INC2+ years

Service code 13 · EIN 75-2133642

SUITE 4500 · ABILENE, TX 79606

Contract Administrator

$8,130

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: MORGAN STANLEY & CO, LLC

Service code 26

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Advisory (Participants)

ALLIED EMPLOYER GROUP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLIED EMPLOYER GROUP 401(K) RETIREMENT 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