Retirement plan

SIMPKINS RETIREMENT PLAN EXCHANGE FOR AXXYS TECHNOLOGIES, INC.

Name: AXXYS TECHNOLOGIES, INC. - SIMPKINS RETIREMENT PLAN EXCHANGE FOR AXXYS TECHNOLOGIES, INC. (2017) Form 5500
Creator: AXXYS TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIMPKINS RETIREMENT PLAN EXCHANGE FOR AXXYS TECHNOLOGIES, INC., AXXYS TECHNOLOGIES, INC.

AXXYS TECHNOLOGIES, INC.EIN 75-2496239Plan #001PY 2017

5850 GRANITE PARKWAY, SUITE 700 - PLANO, TX 75024214-297-2100axxys.comLinkedIn11-50 employeesinformation technology and services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$769K

+104.7% from 2016

Total participants

+16.0% from 2016

Average account balance

$32,029

+113.2% from 2016

Annual return

59.00%

+44.04 pp from 2016

Benchmarks

See 9,369 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,369 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.93M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

110.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$327K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+7.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3242

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$9K

$336 / participant

Other / not subdivided$9K100.0%

% of EOY assets

1.138%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,029

$54,541-41.3%

$78,778-59.3%

$70,126-54.3%

Participation rate

80.8%

60.8%+20.0pp

69.2%+11.6pp

69.5%+11.2pp

Annual return

59.00%

21.07%+37.9pp

35.62%+23.4pp

73.15%-14.2pp

Employer contribution / active EE

$2,087

$1,089+91.8%

$1,986+5.1%

$2,343-10.9%

Participant deferral / active EE

$4,873

$2,210+120.5%

$2,958+64.7%

$3,332+46.3%

Admin fee / account holder

$364

$3,709-90.2%

$5,134-92.9%

$4,645-92.2%

SIMPKINS RETIREMENT PLAN EXCHANGE FOR AXXYS TECHNOLOGIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIMPKINS RETIREMENT PLAN EXCHANGE FOR AXXYS TECHNOLOGIES, INC.

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